Cheap AI tools may come at a big long-term cost
Some companies are hiring "AI architects" to help oversee agentic systems and cut down on gaffes. The question is who will occupy those roles in the future if early-career workers are cut off from opportunities today. Professor Simon Johnson doesn't expect companies to take into account the social cost of career disruption in making their decisions. He suggests governments lower payroll taxes for entry-level roles to encourage hiring. "The right lever to pull is one that reduces costs to employers," Johnson said.