AI Is a Job Creator, Not a Job Taker

[The Bleeding Edge]( AI Is a Job Creator, Not a Job Taker By Phoenix Van Zutphen, Analyst, Brownstone Research A lot of folks think artificial intelligence (AI) will be a job destroyer. You may be one of them. And that may put you off investing in this groundbreaking technology. But before you give up one of the best opportunities of our lifetimes to make life-changing wealth, ask yourself if that’s really the case for AI. The chart below is from consulting giant McKinsey & Company. It tracks projected changes in labor demand across 18 industries by 2030. As you can see, according to McKinsey, AI will be a job creator in 14 of these industries. Recommended Link [PhD Predicts America’s Next ‘Nightmare’ Coming in 2024]( Take a look at this… [image]( According to research by investigative journalist Dr. Nomi Prins, some stores have stopped honoring their own shelf prices… In the coming weeks, the cost of your favorite items will soar overnight – while others will crater. And the markets will enter a new era of chaos… Unlike anything you’ve seen in your lifetime. As a matter of fact, according to Dr. Prins, in as little as 60 days, the market will be very, very different than it is right now. All because the coming ‘price shocks’ could affect every financial decision you ever make with your money – EVER again. To explain all the details and to warn Americans, Dr. Prins sat down for an in-depth interview where she breaks everything down in full detail. [Please watch Dr. Prins’ warning before it’s too late.]( -- Many of these new jobs will be in healthcare, STEM (science, technology, engineering, and mathematics), and management. All told, McKinsey expects AI to create 4.2 million jobs over the next seven years. Of the four industries expected to shed jobs because of AI, the two biggest are customer service and office support. That’s not necessarily a bad thing. AI will automate these more mundane tasks and free up time to do more important tasks. Don’t believe me? Consider what happened in the 1970s to bank teller jobs after the introduction of ATMs. Recommended Link [Sinister Gov’t Project to RESET the U.S. Dollar? [Footage Exposed in L.A.]]( [image]( Thanks to a sinister government pilot project greenlit by President Biden… We could soon watch as the [U.S. dollars in YOUR bank account are RESET to zero…]( Leaving you with a worthless savings account. Unfortunately, the most powerful financial forces are backing this government project, including: - 116 billionaires… - 93% of the world’s largest banks… - The CEO of Pfizer… - And 634 of the world’s most elite CEOs from Amazon… Shell… BlackRock… and many more… They are calling for: [“A dramatic change; to abandon the traditional system of money… and replace it with a new one.”]( The stakes? Every dollar you own. [Click Here for Details.]( -- Expect the Unexpected Economists thought ATMs would destroy bank teller jobs. It was a reasonable assumption. The main task of bank tellers was to count out money for customer cash withdrawals. And after the introduction of ATMs, the average number of tellers at banks went from 21 to 13. But then something unexpected happened. Banks were getting more done with fewer workers. They used this boost in efficiency to open more branches. Recommended Link [Market Wizard who predicted negative indexes in 2022 shares shocking new forecast]( [image]( He had 20 straight years of winning trades without a single losing year that put his hedge fund in the top 1% of Barron’s rankings. Last year, he was one of the few experts who accurately predicted the 2022 stock market collapse. While most folks lost money, he showed those following his work how to avoid the carnage and profit from it. His secret? Keeping it simple. [Watch his video here.]( -- Instead of destroying teller jobs, the introduction of ATMs actually increased the number of tellers. This is from James Besson, an economist and technologist at Boston University… Basically, starting in the mid-1990s, ATM machines came in in big numbers. We have, now, something like 400,000-some installed in the U.S. Everybody assumed – including some of the bank managers, at first — that this was going to eliminate the teller job. And it didn’t. In fact, since 2000, not only have teller jobs increased, but they’ve been growing a bit faster than the labor force as a whole. That may eventually change. But the impact of the ATM machine was not to destroy tellers, actually it was to increase it. There will be no shortage of pundits shouting about AI's potential to steal our jobs. But don’t fall for it. Although we may see cuts in customer service jobs, AI is on track to create many more jobs than it destroys. It’s just the latest in a long line of tech advancements that have made our nation more prosperous for everyone. Let’s build wealth together! Regards, Phoenix Van Zutphen Analyst, Brownstone Research --------------------------------------------------------------- Like what you’re reading? Send your thoughts to feedback@brownstoneresearch.com. IN CASE YOU MISSED IT… [“Amazon Loophole” Allows Anyone to Collect Payouts]( Amazon. It’s one of the most profitable companies on Earth. Yet, according to Brad Thomas, a multi-millionaire, best-selling author, and former economic advisor to President Trump... What few people realize is, thanks to a little-known IRS loophole — billions of dollars get paid out each year... Required by law! With the next payout scheduled to go out as soon as December 10th! Brad has been featured on Bloomberg, Fox & Friends, Barron’s, CNN, Kiplinger, NPR, MSNBC, and Forbes... But he’s never revealed this secret anywhere... Until now... 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