The Impact of Artificial Intelligence on Job Layoffs

🔄The market rewards layoffs and corporations are utilizing artificial intelligence to automate jobs.

👨‍💼White-collar jobs, especially in middle management and sales, are being eradicated due to artificial intelligence.

🔧Investing in trade schools and pursuing blue-collar jobs is becoming more valuable.

💼Corporations will utilize your skill set when they need you, but will get rid of it when they don't.

🎓College education is still valuable for learning how to think, but the cost needs to be reconsidered.

Why are white-collar jobs being eradicated?

—Artificial intelligence and automation can now perform tasks that were previously done by white-collar workers, leading to job cuts.

Are blue-collar jobs more secure?

—Blue-collar jobs are becoming more important due to the automation of white-collar jobs. Investing in trade schools and reskilling can lead to more job security.

Should I start my own business?

—Starting your own business can provide more control over your career, especially in a market where corporations may not prioritize employee well-being.

Is a college degree still valuable?

—College education is still valuable for learning how to think, but the high cost of tuition needs to be addressed.

What skills are in demand?

—Technical skills, technology, coding, and artificial intelligence skills are currently in high demand.

00:09IBM and Google announced layoffs this month, joining the wave of job cuts caused by the impact of artificial intelligence and automation.

00:20The market rewards layoffs, and there is a certain amount of bloat that happens, especially during COVID-19.

00:39Companies are increasingly using artificial intelligence to automate jobs and reduce the need for human workers.

01:02Blue-collar jobs are becoming more valuable, and investing in trade schools is recommended.

02:22White-collar jobs, especially in middle management and sales, are being eradicated due to the use of artificial intelligence.