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The Nexus
TECHNOLOGYJun 27 · 12:00 UTCFORTUNEEva Roytburg

Nobel laureate economist warns AI jobs apocalypse fears could become a self-fulfilling prophesy

Nobel laureate economist Robert Shiller warns that fears of AI causing mass job losses could become a self-fulfilling prophecy by driving negative economic behavior. Surveys show low public confidence in AI's societal benefits, with 40% of Americans expecting negative impacts. Shiller cites historical examples of economic crises fueled by fear and highlights current AI industry leaders' alarmist projections as amplifying public anxiety.

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