If AI wipes out jobs, who will buy all the products? The economic risk nobody is talking about
The Economic Times
The article highlights the economic risk of widespread job loss due to AI, emphasizing that the real danger lies not just in unemployment but in the collapse of consumer spending when millions lose purchasing power. While AI may create new jobs in some sectors, the simultaneous reduction in discretionary spending by displaced workers could severely impact industries like retail and hospitality. The long-term consequences of technological unemployment could lead to lasting economic scarring.
All articles from 4 September 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.