OpenAI’s chief economist says AI may complement workers, but the labor-market data is already getting less comfortable.
At the ECB’s Sintra retreat, Ronnie Chatterji (OpenAI) argued AI does not have to substitute jobs, comparing it to the PC making economists more productive.
Bloomberg shows something different: in US financial activities and information, where AI adoption has been fastest, payrolls are now falling by 28,000 a month on average in 2026. Challenger, Gray & Christmas says almost 102,000 announced job cuts have been attributed to AI so far this year. John Challenger: “It’s certainly making an impact as we speak in a way that no technology has before.”
Tough times ahead, especially in the labor market.
5:05 AM · Jul 1, 2026 · 3.1K Views
