The article discusses the implications of artificial intelligence (AI) on employment, highlighting contrasting views from influential figures like Bill Gates and Eric Schmidt. Gates predicts that within a decade, most human jobs will be replaced by AI, leading to an era of 'free intelligence'. Schmidt warns that most programmers could be replaced by AI within a year, but there are reasons for optimism regarding human employment. Evidence shows that despite AI's capabilities, such as Cursor's AI writing a billion lines of code daily, the job market for software developers remains stable. Microsoft Copilot subscriptions have stagnated, indicating AI serves as a companion rather than a replacement. Moreover, studies show muted effects of AI on employment overall, with increased firm productivity leading to new job creation. Historical trends suggest that technological advancements often result in higher employment. The article concludes by addressing market dynamics, economic indicators, and the potential long-term impact of humanoid robots on jobs, while maintaining that for now, human employment remains relatively secure.

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