AI Isn’t Taking Your Job—It’s Silently Shrinking Your Paycheck

New workplace data shows AI isn’t causing mass layoffs—it’s quietly suppressing wages for nearly 6 million workers, and higher earners could be next.

BY BRUCE CRUMLEY @BRUCEC_INC

Illustration: Inc; Photo: Adobe Stock

Fears of an “employment apocalypse” resulting from businesses adopting work automating artificial intelligence tools have thus far—happily—proven unfounded. But a new analysis does detect another way that employees most exposed to the tech are being negatively affected: with a painful squeeze on their salaries as employers seek higher return on AI investments.

That mix of good and bad news on AI’s labor market impact came in a whitepaper by asset management firm Apollo. Its analysis of Anthropic........

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