Ever since the launch of ChatGPT in 2022, doom-mongers have been predicting a jobs apocalypse. So far, the fears have proved premature: despite chief executives’ promises of AI-driven efficiencies, the new technology has not led to widespread lay-offs.
But economists expect AI to reshape labour markets in more visible ways over the course of 2026, with some workers taking a hit before productivity gains feed through to wages and living standards. Their concern is that governments intent on winning the AI race have not yet done enough to protect those who may lose out — in particular, graduates seeking to enter professions once seen as a safe career path.
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