2 verifications about Labor Market Labor Market ×
“Entrepreneurship creates jobs with higher average wages than wage employment in the same labor market.”
The evidence points in the opposite direction. Research that directly examines wages paid by startups and young/small firms generally finds lower average pay than at established employers in the same labor market. The claim appears to substitute entrepreneurs’ own income for employee wages, but those are different measures and do not support the stated conclusion.
“Artificial intelligence will displace more jobs than it creates on a net basis.”
The claim that AI will displace more jobs than it creates on a net basis overstates the available evidence. While documented displacement exists in specific sectors (e.g., computer systems design, entry-level roles, AI-vulnerable occupations), the most authoritative aggregate assessments — from the Federal Reserve, World Economic Forum, PwC, and Goldman Sachs — show near-zero net headcount effects or project net job creation. The claim treats localized displacement as proof of an economy-wide net loss, which current evidence does not support.