| ▲ | nairboon 2 hours ago | |
So they studied change in "headcount" (full-time, part-time?), but what are these heads doing? A more interesting metric to study would be changes in wages for a normalized position (e.g. 40h/week, 4w PTO/y). Then you could disentangle the different effects of actually hiring a highly paid worker or replacing a highly paid worker with two new assistants + an AI subscription for less total compensation. AI is just the latest stage of a long trend in automation. If you check the first chart in the recent article of the NY FED [1] you'll see that the labor share has been on a decline for decades, and the trend hints at an accelerating decline. In light of this larger trend, I wouldn't expect that the wages of the "increased headcount" according to ramp's article is growing or holding ground. [1]: https://libertystreeteconomics.newyorkfed.org/2026/06/the-po... | ||
| ▲ | 2 hours ago | parent [-] | |
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