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Andrew Ng Debunks 'AI Jobpocalypse' Narrative in May Batch Letter — Predicts 'Jobapalooza' Instead
In his May 12 Batch letter, Andrew Ng argued there will be no AI jobpocalypse, citing strong software engineering hiring and US unemployment at 4.3%. He attributes the panic to AI labs wanting to sound powerful, AI companies anchoring pricing to salaries instead of SaaS norms, and businesses blaming 'AI efficiency' for pandemic-era over-hiring corrections. He points to BLS projections of 15% growth in software developer employment through 2034 and predicts an 'AI jobapalooza' of net-new roles.
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