SITUATION EXPLAINED: What is the coming great divergence between AI-led and analog economies? We asked @UnderSecE Jacob Helberg, Under Secretary of State for Economic Affairs: "My viewpoint is if you look at the data dispassionately and with a cool head, you'll quickly see that unemployment is still around four to five percent. Very, very low." "There was a study published just recently that basically shows that companies who incorporate AI actually lead to a higher demand for workers. They're hiring more because their company is more productive, they're more competitive, they have more revenue over time, and they're reinvesting those resources into hiring more people." "There was a study published by the Council of Economic Advisors that I had the opportunity to co-author that basically posits that there is a very good chance that countries who lag in incorporating AI across their economy will likely have much, much lower rates of economic growth than countries who do." "What that means is a widening of the gap, what we call a great divergence, a divergence between AI-led economies and analog economies."