This is worth thinking about as AI increasingly replaces workers.
And the link to the paper: The AI Layoff Trap by Brett Hemenway Falk, Gerry Tsoukalas :: SSRN
Insights for Navigating an Uncertain World
This is worth thinking about as AI increasingly replaces workers.
Two economists just published a mathematical proof that AI will destroy the economy.
— Jack (@jackcoder0) May 30, 2026
Not might. Not could. Will — if nothing changes.
The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed.… pic.twitter.com/Kh9IVdhG4w
And the link to the paper: The AI Layoff Trap by Brett Hemenway Falk, Gerry Tsoukalas :: SSRN
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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