The AI Daily Brief · Sunday, August 16, 2026
EY dismisses the misconception that AI will make labor redundant, a claim attributed to AI labs and business leaders seeking excuses for layoffs. While AI will undoubtedly reshape jobs and professions, it's not a direct cause for mass unemployment. Blaming AI for recent layoffs is increasingly seen as a weak excuse, with some companies even rehiring staff previously let go.
“There are two groups who over the last few years have been adamant about AI making labor redundant.”
“I certainly believe as any regular listeners will know, that AI is going to impact the shape of jobs and professions and will have labor market impacts.”
“And I think that the last year, blaming 40% or more of their layoffs on AI is a complete nutter crock that's just a convenient excuse that the market would accept.”