Where this was said
The Data Problem: Why Government Figures Can't Track AI
At 4:00 · chapter starts 3:35
Castleman delivers a quietly devastating diagnosis of America's economic measurement problem. The monthly jobs report — the gold standard of labor market data — doesn't even have a tech industry line item. Tech employment is scattered across the information sector (which also includes newspapers), professional services, and manufacturing. The categories were established decades ago and haven't kept pace with the economy. Want to know what's happening to recent college graduates month-to-month? That data doesn't exist reliably either. Castleman is careful not to call it an 'oversight' — economies move faster than data infrastructure, and you can't spin up new measures every time something changes — but the practical effect is the same: we are flying blind precisely when we most need to see clearly. [1] — Ben Castleman "The U.S. monthly jobs report doesn't even have a tech industry category — that classification was set up decades ago. The result: we cannot…" 03:35
The U.S. monthly jobs report doesn't even have a tech industry category — that classification was set up decades ago. The result: we cannot isolate what AI is doing to the labor market in real time, leaving policymakers and workers essentially flying blind.
The U.S. monthly jobs report does not break out the tech industry as its own category; tech jobs are spread across information, professional services, and manufacturing sectors established decades ago.
Credible economists using private-sector data from ADP, LinkedIn, and Indeed are reaching polar-opposite conclusions about AI's job impact. One serious report shows entry-level workers in AI-exposed roles losing jobs. Another equally credible report shows AI-adopting companies hiring faster than others.
Credible reports from serious economists using private-sector data (ADP, LinkedIn, Indeed) reach polar-opposite conclusions — some showing job losses in AI-exposed occupations, others showing AI-adopting companies adding jobs faster.