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As concerns of widespread job elimination from the rise of artificial intelligence accelerate, the 'lump of labor fallacy' argues that there's not a finite amount of work in an economy and that technology doesn't eliminate tasks, but rather changes the tasks a worker does.

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Rather than a game of musical chairs where workers and AI compete for a limited number of roles in an economy, the lump of labor fallacy suggests that jobs evolve alongside technological advancements.
While the fallacy does acknowledge that some individual jobs will be eliminated, it argues that on the macro-level, technological innovations like AI could actually create new jobs for humans and expand the economy.
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