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Lump of labour fallacy

Lump of labour fallacy

Search complete. 2 mentions across 1 episode found for "Lump of labour fallacy".

Sep 16, 2026

Dhruv KhullarGUEST
4:18
And so in all these ways, we might actually see a version of Jevin's paradox being brought about by AI in healthcare.
Stephen MorrisseyHOST
4:26
And then second, you write that concerns about AI-driven job loss are sometimes influenced by the lump of labor fallacy.
Stephen MorrisseyHOST
4:34
You've begun to answer this already.
Stephen MorrisseyHOST
4:35
How could AI begin to change the type and the amount of work to be done in medicine?
Dhruv KhullarGUEST
4:41
That's right.
Dhruv KhullarGUEST
4:41
So the lump of labor fallacy is this idea that there's a fixed amount of work or a lump of labor that needs to be done in any given sector or in the economy as a whole.
Dhruv KhullarGUEST
4:52
And by that logic, you might think that if AI is doing more of the work, that less work would be needed to be done by humans.
Dhruv KhullarGUEST
5:00
But in fact, we know that the work that we do, the type, the amount, the ways in which we work, that changes over time in response to new technologies.

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