Sacks says less than 5% of layoffs announced last year were attributable to AI per Challenger Gray report.
“You look at things like the Challenger Gray report, which tallies up the number of layoffs in the economy. Less than 5% of the layoffs that were announced last year were attributable to AI.”
Sacks cites Yale Budget Lab finding no discernible AI labor market disruption three years after ChatGPT launch.
“There's a study by Yale, the Yale Budget Lab, which concluded no discernible disruption to the labor market in the first three years after the launch of SHAT GPT.”