Skip to playerSkip to main content
  • 23 minutes ago
The anticipated AI job crisis is no longer a future concern — it is already in motion. Former presidential candidate Andrew Yang cautions that within the next 12 to 18 months, millions of white-collar professionals may find themselves unemployed as AI rapidly takes on high-skill activities. No office job is entirely secure, affecting everyone from marketers and software developers to attorneys and accountants.

The impact will extend beyond corporate environments. Yang suggests that the consequences will reach restaurants, dry cleaners, dog walkers, and all local businesses reliant on stable incomes. A rise in personal bankruptcies could follow, further diminishing the middle class.

Tech figures such as Elon Musk, Sam Altman, and Michael Dell are already exploring potential remedies — including universal basic income — as AI revolutionizes the labor market quicker than anticipated.

Yang also notes that the value of college degrees may wane. Attributes like soft skills, creativity, leadership, and perseverance might gain precedence over academic achievements.

The AI revolution is not on the horizon; it is unfolding now. Are we prepared for what lies ahead?

Category

🗞
News
Transcript
00:00The AI job-pocalypse is no longer a warning.
00:02It is already here.
00:04Entrepreneur and former presidential candidate Andrew Yang
00:07says millions of white-collar workers could lose their jobs
00:10in the next 12 to 18 months.
00:12And the reason is simple.
00:14AI can now do the work of a very smart human in seconds.
00:18Yang says marketers, coders, designers, lawyers, accountants,
00:23and call center workers are all at risk.
00:26But the shockwave will not stop with office jobs.
00:28When people lose income, local businesses feel the hit.
00:33Dry cleaners.
00:34Restaurants.
00:36Dog walkers.
00:37All take a financial blow.
00:38And Yang warns personal bankruptcies could surge
00:41as the economy becomes even more winner-take-all.
00:44He has sounded this alarm for years,
00:46and leaders like Elon Musk and Sam Altman agree
00:49a universal income may be needed.
00:51Even Michael Dell has floated ideas pointing in that direction.
00:55Yang says something deeper is breaking.
00:57A college degree is no longer the shield it once was.
01:01Graduates face rising unemployment.
01:03Schools are shutting down.
01:04And the cost-benefit of higher education is shifting fast.
01:08He believes soft skills, not test scores, could matter more in the AI era.
01:13Communication.
01:14Leadership.
01:15Creativity.
01:16The AI revolution is not coming.
01:19It is happening right now.
01:21And the question is, are we ready for the world it creates?
01:24The connection is an incredible challenge.
01:24That's right.
01:24It creates a common sense in the United States.
01:25And our education is very To fund okay to contribute.
Comments

Recommended