General

General

@david
6 months ago

Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite

There’s a quiet revolution happening in the American job market — and it’s not the one we were promised-- but it is what we expected.

Amazon said this week that they would cut 14,000 corporate jobs, with plans to eliminate 10% of it's workforce eventually. UPS said it has reduced management workforce by 14,000 positions over the past 22 months, Target said they would cut 1,800 jobs.

Earlier in October, white-collar workers from Rivian, Molson Coors, Booz Allen Hamilton and General Motors received pink slips. Added up, this represents tens of thousands of newly laid off white-collar workers.

These are the roles that for decades defined middle-class security — corporate management, HR, and tech-adjacent desk work.

Meanwhile, blue-collar and trade jobs are booming — construction, healthcare, hospitality — the very roles that were once considered less “aspirational.” And young college grads?

This isn’t just about layoffs. It’s about a rebalancing of what work means in the age of automation.

If you’ve been following this project for awhile, you know I’ve been saying this forver: we’re entering an era where financial independence can’t rely on a paycheck alone. The people who’ll thrive are those who own assets, leverage technology intelligently, and adapt faster than the institutions do.

Because the truth is — the system isn’t broken. It’s evolving. And the question is: are we evolving with it?