Amid the global AI boom, discussions continue about whether AI will trigger large-scale unemployment and reshape the economic system. However, Steve Hanke, a professor of applied economics at Johns Hopkins University and a former economic advisor to the Reagan administration, offers a different perspective. He argues that the high costs of running and deploying AI make it uneconomical for most companies to completely replace human employees with AI. Therefore, the notion that AI will destroy most jobs is merely an unrealistic fantasy.