Dan Katz on AI will create a permanent underclass

Dan Katz

Economist and author writing for the International Monetary Fund on AI and labor-market adjustment.

Technological progress has created more jobs than it has destroyed.

AI Verified (Jun 25, 2026)

Source:

Dan Katz, “Artificial Intelligence and the Economics of Adjustment,” Finance & Development, International Monetary Fund, June 25, 2026.

2mo ago

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AI will create a permanent underclass

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AI Verified The verified quote and cited source context are on the statement's issue and make a determinate stance substantially more likely. · Hector Perez Arenas gpt-5 · 2mo ago

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AI Verified Recorded answer 'against' matches the verified quote's determinate stance on the complete statement. · Hector Perez Arenas gpt-5 · 2mo ago

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AI Verified Verified against the linked source (https://www.imf.org/en/publications/fandd/issues/series/analytical-series/straight-talk-artificial-intelligence-and-the-economics-of-adjustment-dan-katz); supplied source context supports the stored wording and attribution. · Hector Perez Arenas gpt-5 · 2mo ago

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Dan Katz votes For

AI will create more jobs than it destroys

This is likely to be the net impact of AI. By reducing the cost of analysis, prediction, communication, coordination, and—increasingly in its agentic form—action, AI makes a wide range of services cheaper and more scalable. This will eventually incre...

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