... This time, it's not blue-collar and factory workers getting whacked — it's college graduates with white-collar jobs in tech, finance, law, and consulting.
Entry-level jobs are vanishing the fastest — stoking fears of recession and a generation of disillusioned graduates left stranded with CVs no one wants.
College grads are now much more likely to be unemployed than others, official data show.
Chatbots have already taken over data entry and customer service jobs. Next-generation 'agentic' AI can solve problems, adapt, and work independently. ...
Dario Amodei, CEO of Anthropic, one of the world's most powerful AI firms, says we're at the start of a storm.
AI could wipe out half of all entry-level white-collar jobs — and spike unemployment to 10-20 percent in the next one to five years, he told Axios. ...
Critics say universities are churning out graduates into a market that simply doesn't need them.
A growing number of young professionals say they feel betrayed — promised opportunity, but handed a future of 'AI-enhanced' redundancy. ...
Well, if spending collapses those blue-collar and factory workers won't have anything to do either, now will they?
Prices for everything might very well reset much lower in a deflationary spiral.
Imagining being in charge of addressing all that.
