Matt BrittonFounder & CEO powering AI-driven consumer insights

Is AI The New Model T For The Job Market?

Name: Is AI The New Model T For The Job Market?
Uploaded: 2025-04-18T17:22:55Z
Channel: Matt Britton
Description: AI will destroy jobs now but create new ones later, like the Model T did. When cars replaced horses, 70,000 carriage businesses closed, yet the auto…

18 Apr 2025

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AI will destroy jobs now but create new ones later, like the Model T did. When cars replaced horses, 70,000 carriage businesses closed, yet the auto industry generated 40% of new U.S. jobs over the next 15 years.

Questions this video answers

Speaker states: 'There are 70,000 7,000 businesses' (transcript shows both figures).

Speaker claims about '40% of all the new jobs'.

What AI is going to do in the short term is take away a lot of jobs, and then over time, it'll add more jobs. We saw it happen with the automobile, with the Model T. There are 70,000 7, 000 businesses that were in the horse and carriage business that went out of business when the Model T was introduced. And then over the next 15 years, I think it's 40% of all the new jobs that were created in the United States were from the automotive industry.