After the Paycheck: The Book I Wrote Because Nobody Else Would Tell the Truth About AI and Your Income

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Author Thorsten Meyer has released his new book, ‘After the Paycheck’, which critically examines how artificial intelligence is reshaping the economy and employment. The book presents a grounded perspective on the ongoing shifts, emphasizing that the core issue is ownership of AI and data, not just automation or technological progress.

The book, available as a serialized chapter and e-book, argues that the narrative of either total job loss or universal abundance is oversimplified. Meyer highlights that AI’s real impact is gradual, affecting work tasks incrementally, especially for young workers and those in entry-level positions. He stresses that the key factor is who owns the models, data, and computing power, with ownership concentrated among a few large entities.

He describes three primary responses to AI-driven change: income support measures like basic income or job guarantees, ownership strategies such as employee equity or sovereign wealth funds, and skills development through targeted retraining. Meyer warns that while wealth-building tools like sovereign funds can be effective, they often result in unequal outcomes, as seen in Norway versus other nations. He also critiques the overhyped promise of retraining, emphasizing that structural change is necessary for meaningful adaptation.

The book includes a chapter on how to interpret headlines about AI and jobs critically, noting that even reputable research can reach conflicting conclusions. Meyer openly states his bias, acknowledging that he benefits from AI tools but advocates for broader sharing of AI’s gains to prevent increasing inequality.