AI layoffs could far outpace new jobs — past economic shocks reveal how fast that can fuel unrest, a professor says

A historic labor shock may be about to hit the job market. That's according to London Business School professor Ekaterina Abramova.She said AI is advancing so quickly that it could trigger mass layoffs long before new jobs emerge to replace them — a mismatch that has historically fueled social unrest. Abramova, who studies technology-driven economic transitions, said the past three years of AI advances mark a sharp break from earlier waves of mechanization.In past eras — from 18th-century textile automati ...