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    The claim that almost 90% of job automation happens during recessions

    A post recommends a Jaimovich and Siu paper for thinking about the first post-ChatGPT recession.

    Séb KrierSK
    pamela mishkinPM
    Zach WeinersmithZW
    4 Sources, ,

    TLDR

    A post recommending a Jaimovich and Siu paper says that almost 90% of jobs that get automated are automated during recessions. It suggests the paper as reading for anyone thinking about the first post-ChatGPT recession.

    Combined views

    11.2K

    4 Sources, first seen 14h ago

    Combined views

    11.2K

    4 Sources, first seen 14h ago

    193 likes
    14h ago
    first seen 14h ago
    193 likes
    12 comments
    30 saves
    15 reposts
    Featured Source
    12 comments
    30 saves
    15 reposts

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    4 Sources

    pamela mishkin@manlikemishapTo be clear, I think the mostly likely mechanism by which AI leads to unemployment is the bubble bursts, people get laid off, and those jobs don't come back! This is what happens every recession.14h
    Zach Weinersmith@ZachWeinerIf you're thinking about the first post-chatgpt recession, you really should read Jaimovich and Siu! https://nber.org/system/files/working_papers/w18334/w18334.pdf Short version: jobs that get automated tend to largely (almost 90%) get automated *during* recession.7h
    Séb Krier@sebkrierRT @ZachWeiner: If you're thinking about the first post-chatgpt recession, you really should read Jaimovich and Siu! https://t.co/yyYEq2uZa…34m

    4 Sources

    pamela mishkin@manlikemishapTo be clear, I think the mostly likely mechanism by which AI leads to unemployment is the bubble bursts, people get laid off, and those jobs don't come back! This is what happens every recession.14h
    Zach Weinersmith@ZachWeinerIf you're thinking about the first post-chatgpt recession, you really should read Jaimovich and Siu! https://nber.org/system/files/working_papers/w18334/w18334.pdf Short version: jobs that get automated tend to largely (almost 90%) get automated *during* recession.7h
    Séb Krier@sebkrierRT @ZachWeiner: If you're thinking about the first post-chatgpt recession, you really should read Jaimovich and Siu! https://t.co/yyYEq2uZa…34m