A Nobel economist figured out 60 years ago that people learn best on the job. The Atlanta Fed says AI is making that almost impossible
- Posted on May 21, 2026
- By Fortune
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- 1 min read
A Nobel economist figured out 60 years ago that people learn best on the job. The Atlanta Fed says AI is making that almost impossible
A new paper revisits Nobel economist Kenneth Arrow's theory of learning-by-doing, and finds the macroeconomic downside of gutting entry-level work.