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7/1/2025, 12:09:43 AM
>>81670896
Shipping white collar work to India et al. is a far greater existential threat to any white collar job (that does not require a security clearance) than AI. If we see ~20% of the workforce just fall off a cliff into nothingness, don't expect to see no drastic results from that.
Half the S&P 500 relies on the AI hype bubble not popping, but its use-cases are far more narrow than expected. If their models were really the equivalent of workers being paid 300k/yr, they wouldn't be giving them out for free or maybe 20 bucks a month. ZIRP ending was materially far worse for white collar work and caused a bubble for software devs that we're still recovering from popping, but there are still tons of new openings for devs. It's just drastically more competitive and not a free ez 200k TC starting route anymore, more akin to what other STEM paths have always been.
Shipping white collar work to India et al. is a far greater existential threat to any white collar job (that does not require a security clearance) than AI. If we see ~20% of the workforce just fall off a cliff into nothingness, don't expect to see no drastic results from that.
Half the S&P 500 relies on the AI hype bubble not popping, but its use-cases are far more narrow than expected. If their models were really the equivalent of workers being paid 300k/yr, they wouldn't be giving them out for free or maybe 20 bucks a month. ZIRP ending was materially far worse for white collar work and caused a bubble for software devs that we're still recovering from popping, but there are still tons of new openings for devs. It's just drastically more competitive and not a free ez 200k TC starting route anymore, more akin to what other STEM paths have always been.
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