Marketplace Tech · Wednesday, July 1, 2026
The rapid and unusual advancement of AI technology could signal a period of accelerated economic growth. However, this may be accompanied by significant labor market disruptions, including rising unemployment and structural changes, according to Peter McCree.
“But given how unusual that technology is and how quickly things are moving, perhaps we might be on the precipice of something unusual and acceleration in economic growth alongside, uh, rising unemployment and structural change in the labor market.”