Cornering The Job Market · 2026-07-10 · 32 min
Pete and Peter promised something lighter this week, and for the most part, they deliver. They open with a new Goldman Sachs report weighing whether an "AI jobs apocalypse" is actually coming. Goldman's answer is more measured than the headlines: disruption spread over roughly 10 years, concentrated mostly in entry-level roles. MIT economist and Nobel laureate Daron Acemoglu takes a tougher stance in the same conversation, predicting millions of displacements and noting that "no general law of economics says that job creation must match job destruction." Pete and Peter don't fully agree on the timeline, but both expect entry-level workers to feel it first. From there, they talk through an AI phone auto-attendant demo they sat in on this week, a Deutsche Bank report claiming AI productivity gains are still years off (a claim Pete and Peter push back on), and why AI adoption looks so different depending on whether a company is an early adopter, a cautious tester, or still on the sidelines.
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