Part V · AI IN THE REAL WORLD

Work and the economy

Chapter 1711 min readUpdated: June 2026

17.1Automation: a different wave

17.2Jobs threatened, transformed, created

Diagram17.1. Three fates, not just one. The dominant scenario is not mass disappearance, but recomposition: most jobs will see part of their tasks automated, which demands an adaptation of skills.
  • The most exposed: data entry, basic translation, first-level customer support, certain administrative and accounting functions, repetitive development.
  • The new jobs: machine learning engineer, data scientist, prompt engineer, AI ethicist, model "trainer," AI-specialized lawyer, human-machine coordinator. In France, more than 160,000 AI-related job postings were published in 2026, placing the country at the top in Europe.

17.3The effect on entry-level workers

17.4The hidden labor behind AI

17.5Productivity, growth and the great economic debate

On one side, the optimists recall that every technological revolution (the steam engine, electricity, computing) destroyed jobs but created more, by increasing productivity and creating new wealth and new needs. In their view, AI will free humans from thankless tasks, boost growth and give rise to jobs unimaginable today. To believe that the amount of work is fixed (and therefore that an automated job is a lost job) would be a classic fallacy (the belief in a "fixed amount of work," the lump of labor fallacy). This is the logic of creative destruction described by the economist Joseph Schumpeter: technical progress constantly destroys old activities, but gives rise to new ones, often more productive.

On the other side, the cautious stress that "this time may be different": the wave is faster, broader (it affects almost all sectors at once) and goes after the cognitive, without anyone knowing toward which tasks humans will redeploy. They point to the risks of worsening inequalities (between those who own AI and those subjected to it, between the skilled and the unskilled, between countries) and to the brutality of the transition, even if the long-term outcome were favorable. It is within this framework that fundamental debates over distribution resurface: a universal basic income (paying everyone a basic income, financed by the gains of automation), but also competing avenues, such as training and transition financed by the community, the sharing of working time, a rethought taxation of capital (or even of robots), or AI "dividends." None commands consensus, but all start from the same observation: if AI creates a great deal of value by displacing labor, the question of who benefits will not settle itself.

17.6The return of the body: robotics and manual work


Key takeaways (Chapter 17)

  • The current wave of automation is different: it affects cognitive and creative tasks, not just manual ones. Think in tasks, not jobs: does AI replace or augment?
  • In an unprecedented turn, this wave hit the "white collar" before the "blue collar" (Moravec's paradox); but embodied AI (robots, cobots, exoskeletons, Chapter 13) now extends automation, and augmentation, to manual work.
  • The dominant scenario is recomposition (most jobs transformed, a minority eliminated, a minority augmented); new jobs are emerging.
  • Early-career jobs are the most affected (around 16% decline for 22-to-25-year-olds in exposed jobs in the United States), mainly via a slowdown in hiring.
  • AI rests on hidden human labor (annotation, human feedback, moderation), often precarious and located in the Global South: a question of ethics and justice.
  • The great economic debate (destruction versus abundance) remains open; the central stakes are training and the distribution of the gains, a political choice.

From the labor market to markets in the broader sense: Chapter 18 surveys AI across finance, transport and the other major sectors.