Skip to content
Amman —

A jobless economy.. Is the moment approaching?

For decades, technological advancement was associated with the fear of job loss, but history has shown that technology, in turn, created new professions and sectors. However, the current transformation appears different in its speed and breadth. Artificial intelligence does not only target manual labor; it has also entered fields that were considered relatively protected, such as analysis, programming, customer service, design, and accounting.

The economic problem does not necessarily lie in the disappearance of work, but in the potential widening gap between the speed of technology and the speed of human and institutional adaptability. A single employee, aided by artificial intelligence tools, may be able to accomplish what previously required an entire team to achieve. While this may raise productivity and profits, it could simultaneously reduce the demand for certain types of labor.

Here, a more complex equation emerges: What happens when productivity rises while job opportunities do not rise at the same pace? Companies and consumers may benefit from lower costs and higher efficiency, but the distribution of these gains becomes a sensitive economic and social issue. If profits become concentrated among corporations and high-skilled individuals, income and wealth disparities may widen.

Nevertheless, talking about a jobless economy might be premature. Every major technological wave has created new needs that did not exist before. Jobs related to artificial intelligence, data, cybersecurity, energy, and health technologies may emerge, but the challenge is that these jobs may require skills entirely different from those lost by their former holders.

In this transition, the impact of technology will not be equal across countries. Economies with strong digital infrastructure, flexible educational systems, and companies capable of investing in innovation will be better able to turn technology into new opportunities. Conversely, economies relying on routine, low-skilled jobs may face greater pressures—not only on the labor market, but also on social stability and domestic demand. Hence, the question of jobs becomes a question of the future of growth itself.

Therefore, the upcoming battle will not be solely between man and machine, but between economies preparing for transformation and those content with merely watching it. Education, training, and workforce reskilling will no longer be marginal social files; they will become an essential part of economic policy.

We may not reach a jobless economy, but we might approach an economy without jobs as we have known them. The real question is not whether technology will change the labor market, but who will possess the ability to adapt to it, and who will pay the price for falling behind?

Know more about this story?Send us a tip

Al Rai

AI

Ask about this report — answers stay grounded in its text.

Answers are experimental and grounded in Al Rai reporting. Each question uses 2 credits.