No. of Recommendations: 3
We have just seen white collar layoffs at UPS & Amazon.
So apparently some corporate executives view AI as good enough to begin shedding middle management jobs.
Thus far unemployment numbers have not increased. How long will that be the case as corporate execs figure AI decimation of white collar professional jobs will juice profits & stock returns. Just a new version of off shoring and automation that very negatively affected the working class. Now it’s the professional class turn.
Thus AI will further damage the career and income prospects of college educated workers eventually disrupting the flow of students to universities affecting their finances.
AI leads to further thinning of the already increasingly precarious middle class will also greatly weaken social stability, particularly at a time when social safety nets are being stressed.
I can forsee a boom in bodyguard services for the ultra wealthy. A dozen or so bodyguards very well be insufficient in societal upheaval.
Already there is increasing support for socialism in the young college students as they are saddled with educational debt and increased housing expense. Now their careers are at stake!
The disaffected working class elected the current president in 2016. I wonder who might arise to appeal to the struggling middle class. I really don’t see anyone rising above in the establishment political class addressing this problem.
Is this the Peter Tuchin predicted, political instability in USA & Europe due to overproduction of elites and rising public debt?
It seems AI will have macroeconomic as well as societal upheaval consequences.
Luckily for me, at age 74 1/2 years of age, the full consequences likely won’t arrive until I expire. I hope.
Well maybe not.
https://www.msn.com/en-us/news/us/pentagon-readyin...The Pentagon has ordered thousands of specialized National Guard personnel to complete civil unrest mission training over the next several months, an indication that the Trump administration’s effort to send uniformed military forces into urban centers — once reserved for extraordinary emergencies — could become the norm.https://www.theatlantic.com/politics/archive/2025/...Stephen Miller, Marco Rubio, Kristi Noem, and others have taken over homes that until recently housed senior officers. 