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Bloomberg Economics: AI Wrongly Blamed for Britain's Job Losses — Vacancies in AI-Exposed Roles Have Actually Risen Since Summer 2024

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Summary

Bloomberg Economics analyzed UK job vacancy data across AI-exposed occupations and found that vacancies in those roles were already declining before ChatGPT's November 2022 launch, dipped further immediately after its emergence, but have actually risen since summer 2024. The analysis directly challenges the dominant narrative that AI is responsible for Britain's white-collar employment squeeze, finding no causal signal in the data. The finding lands as G7 leaders debate AI workforce displacement in Évian this week.