“Therefore AI cannot cause overall unemployment to rise, even if the Luddite arguments are right this time.”
Andreessen’s case is that health care, education and housing are so regulated that AI cannot touch them, so jobs are safe. It is a promise that the losses land only in the sectors where workers have no licensing board to hide behind. The proof is a chart where the regulated sectors swallow 99% of the economy. His good news is that everything gets expensive and nothing gets better.