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#MiddleClass

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“Several #CEOs of major #tech companies in the US have warned that AI will wipe out millions of white-collar and #EntryLevel #TechJobs by as early as 2030. Are we right to fear for the next generation of young people? I am a tech pessimist.

Not only will #AI make many relatively well-paying #MiddleClass #jobs redundant, but its rampant use during critical learning and developmental stages of life threatens to leave young people dependent on it as a tool for basic #research, #writing and #analysis, and ill-equipped to face the challenges of a changing and unstable world.

This is only amplified by the infiltration of #SocialMedia and #TechCompanies into every corner of #social and #cultural life, and with it the addiction-driven commodification of our #time and #attention, packaged into #data insights and #marketing opportunities for sale to #ThirdParties.”

#WhiteCollar / #ZeroHourWork <smh.com.au/national/the-first-> (paywall) / <archive.md/BkUQw>

The Sydney Morning Herald · ‘The first generation with declining standards of living’: Australia’s faltering economic standingBy Greg Callaghan

The Impact of AI on the Middle Class Economy

A late-night scroll through 2024’s tech headlines reveals billions in profits. There are AI breakthroughs. However, there's a quiet undercurrent of layoffs. Hundreds of thousands of workers are gone. I wonder what will happen if the machines we build to make life easier begin to dismantle our society's foundation. The promise of artificial intelligence dazzles—productivity, efficiency, cost cuts. But the shadow it casts is long, and the middle class, once the heartbeat of the U.S. […]

munaeem.de/2025/06/07/the-impa