Economist Steve Hanke says AI won't destroy most jobs because it costs more than hiring humans

Aug 3, 2026 - 11:00
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Economist Steve Hanke says AI won't destroy most jobs because it costs more than hiring humans

Steve Hanke, a professor of applied economics at Johns Hopkins University and a former senior economist on President Ronald Reagan's Council of Economic Advisers, doesn't buy into a lot of the AI hype – both the good and the bad.

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