RICH LOWRY

ChatGPT is coming for your job.

That’s the fear about the rapid advances in artificial intelligence.

In a headline the other day, Axios warned of a “white-collar bloodbath.” The CEO of the artificial intelligence firm Anthropic told the publication that AI could destroy half of all entry-level white-collar jobs in the next one to five years and drive the unemployment rate up to 10 to 20%, or roughly Great Depression levels.

This sounds dire, but we’ve been here before. In the 1930s, John Maynard Keynes thought that labor-saving devices were “outrunning the pace at which we can find new uses for labor.” Analysts thought the same thing in the 1960s, when John F. Kennedy warned “the automation problem is as important as any we face,” and in our era, too.

If a prediction has be

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