There is a particular kind of professional disappearance that does not show up in the unemployment figures. The illustrator still has a desk. The translator still has a website. The session musician still owns a violin. None of them have been fired. None of them have been informed, in any official capacity, that their occupation is being phased out. Their names remain on the same freelance registers, the same union rolls, the same tax filings as last year. And yet, quietly, almost imperceptibly at first, the floor underneath their work has begun to give way.

This is the strangest economic story of the decade, and it is unfolding without a moment of high drama. There are no factory closures, no mass layoffs, no town-square photographs of redundant workers carrying cardboard boxes. Instead, there is a slow, grinding compression of the rates a cover illustrator can charge for a magazine commission, a slight but stubborn drop in the volume of subtitling work coming through the agency in São Paulo, a pause in the email chain from the German publisher who used to commission a translator in Lagos every six months. Each individual moment is deniable. Taken together, they describe a structural rearrangement of the creative economy that the existing policy vocabulary, fixated on automation and job displacement, is not equipped to name.