Fortune· 2h ago· 1 min read
Anthropic's head of economics, Peter McCrory , published a lengthy X essay this week arguing AI has caused no material rise in US unemployment—a data-driven rebuttal that lands in sharp tension with CEO Dario Amodei's repeated warnings of an imminent white-collar bloodbath .
The prediction that started it
Amodei has staked out some of the industry's most alarming public positions on AI's labor impact, though his framing has shifted considerably over the past year.
In May 2025, he told Axios AI could wipe out half of all entry-level white-collar jobs and spike unemployment to 10%-20% within one to five years, urging companies and policymakers to stop “sugarcoating” the risk. He doubled down in a January 2026 essay , “ The Adolescence of Technology ,” warning AI functions as a “general labor substitute for humans” that will displace work from the lower tiers of skill levels to the…
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