AI cut 16,000 U.S. jobs a month — what the Goldman Sachs report actually says

The AI & Tech Society by Danar · May 6, 2026 · 18m

Key insight: Premium is growing, not shrinking, as demand outpaces supply

Jevons Paradox

Definition: Increased efficiency often raises total consumption because lower per-unit costs expand demand faster than efficiency reduces use.

Applied to AI:

AI makes workers 2x productive → firm needs fewer workers per task

But lower costs → more demand → potentially more workers in net

Current data:

Augmentation roles: Jevons paradox is working (net +9,000 jobs/month)

Substitution roles: Not working (companies taking cost savings, not expanding service)

The Apprenticeship Crisis

Problem: Junior roles…