Predicting AI job exposure

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8 Pages

Benedict Evans argues that AI job exposure models may be less predictive than they look. Using accounting automation, CPA demand, newspapers, and Uber as examples, he shows how technology often changes businesses and job definitions in ways neat forecasts miss.

Key Takeaways

Automation Can Expand: Accountants rose from roughly 0.1% to 1.3% of US employment over the 20th century despite decades of software automation.
CPA Hiring Persisted: CPA firms hired around 28,000 accounting graduates in 2020, even after 50 years of financial automation reshaped workflows across firms nationwide.
Models Miss Context: Taxi disruption was hard to spot from 2005 smartphone exposure models, despite $1m medallion mortgages later becoming a major issue.

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