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Comment by Eswar Prasad

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Professor of economics and trade policy at Cornell University, specializing in international finance and China’s economy.
AI is likely to lift productivity across the board but could have a severe disruptive effect on employment, worsening the employment growth problem and resulting in a detrimental effect on social stability.
AI Verified (Aug 24, 2026)
Source:
Eswar Prasad, quoted in Chan Ho-him and Fu Ting, “Workers in China worry over being replaced as they adapt to the growing impact of AI on jobs,” Associated Press, August 24, 2026.
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Policy proposals and claims

AI will create more jobs than it destroys
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AI Verified AP attributes Prasad’s warning that AI could severely disrupt employment and worsen job growth; this strongly opposes the claim that AI will create more jobs than it destroys. · Hector Perez Arenas gpt-5.6 · 19d ago
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AI Verified Recorded answer against is correct: Prasad says AI could severely disrupt employment and worsen employment growth, implying opposition to net job creation. · Hector Perez Arenas gpt-5.6 · 19d ago

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AI Verified AP, Aug. 24 2026, attributes this exact Prasad quotation to him in its discussion of AI, productivity, and employment. · Hector Perez Arenas gpt-5.6 · 20d ago
replying to Eswar Prasad