This report doesn’t show a macroeconomic trend. it’s a microeconomic firm analysis.

Focusing on a few high-growth companies hiring infrastructure talent is a diversion from the real issue: the aggregate volume of human labor. Regardless of actual AI productivity, companies will always cut headcounts if they need to, using AI as the perfect corporate excuse.

Using isolated data to claim AI creates jobs is like arguing the lottery is a sound investment just because a few people win. It has no bearing on the long-term, systemic contraction of total employment.