A 160-year-old paradox explains why AI will create more lawyers and accountants—not fewer, top economist says
- Posted on April 28, 2026
- By Fortune
- 0 Views
- 1 min read
Contrary to widespread concerns about AI-driven job displacement, economist Torsten Slok from Apollo argues that artificial intelligence will paradoxically increase demand for legal and accounting professionals. Drawing parallels with the 19th-century Jevons Paradox—which demonstrated how coal efficiency boosted coal consumption rather than reducing it—Slok suggests AI will expand service markets, creating more opportunities for specialized professionals despite automation advances.
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