Blog: AI and the Coming White Collar Recession
A recession will give many firms the opportunity to replace highly paid and "protected" workers with AI.
I grew up working class. My father, a career US Army guy, didn't graduate from High School. Like many of his generation he was pulled from school and put to work. But in the 1950s the Army required a high school diploma. My father was not exempt even though he was a veteran of both WW2 and the Korean War. So in his 40s he returned to school and received his GED. After 22 years (mostly in the Army Corp of Engineers) he retired from the Army and went into construction. I was told from a young age I was going to college and have a white collar job. Not because that kind of work was superior to blue collar, manual labor, but because it was secure. My father believed that white collar workers weren't laid off when the inevitable recession came. As long as you did your job well.