I keep reading that AI is going to eliminate all the jobs. Yet unemployment is at record lows and wages are rising across the board. Could it be possible that AI will instead free people to work on new jobs in new industries? Amazing! It’s almost like this time is not any different from any other time.
Overwhelming number of jobs created in the last decade are very low quality gig economy jobs. People work, but they're severely underemployed.
Gig jobs are fine if people can provide their own emergency fund and pay out of pocket for their own benefits. That is, the difference between "gig job" and a "successful sole proprietorship" is how much money one makes.