Where were all of these chicken littles when millions of jobs were shipped overseas when manufacturing was STUPIDLY offshored?
Pretty amazing our government is speeding up and subsidizing the AI development to eradicate inefficient human labor in certain areas.
I’ll never know what to truly make of unemployment numbers unless we get rid of all kinds of welfare. Unless that happens we’ll never know how many of the “unemployed” are gaming the system.
How many young people just aren’t willing to do relatively crummy jobs to get some experience, and bide time while they move up?
Remember Biden said “Learn to code.” Well it looks like AI will be taking most of those jobs, so those that foolishly took that idiot’s advice will be hating life. Nothing left but to get one’s hands dirty. Machinists, electricians, plumbers, most any traditional trade will be their best bet.
We will still need plumbers, welders, firefighters, police officers, etc.
We're not going to need computer programmers.
The greatest retirement in history is underway. And it will continue for another 5 years or so.
The issues with a lot of trends is that the writers do not take the demographic bubble we are moving through.
The fourth turning will continue until the easily 2030’s. We will go through a crisis, but it will end and it will be good for a while afterwards. All life is cyclical.
I think this statistic should be changed to at least 18 to 25. 16 and 17 year-olds are still in high school school not be working anyway. I wonder when this category was created
Jobs can’t find workers and workers can’t find jobs.
Strange.
“Is this AI/the economy, etc. or what it doesn’t sound good for young people...”
Please get Rand Paul or somebody to teach you how to write a coherent sentence.
It’s not AI. Many young people simply don’t know how to work. There are many exceptions of course. But many companies simply won’t hire entitled woke young people. Examples abound.
30-40% of all jobs will be eliminated in about 3 years. Everybody is going to suffer big time. You have kids starting college, get them into a healthcare field.
You ain’t seen nothing yet. Wait till AI starts taking over the job market.
Now break down the numbers for the 19 to 24 year olds...I suspect the numbers would be different. 16 to 18 year olds are for the most part still in high school and will work minimum part time jobs on their summers off. I suspect the 16 to 18 year old skew the numbers real high. then add in the students who are 18 to 22 who are in colleg and may be in and out of jobs due to their schooling.
The statistics appear bogus in terms of their real world impact.
Around here many are boondocking and/or part-timing. They do a few things for cash. Full-time jobs are going unfilled because they don’t want them.
Illegals, child labor laws and technology (think fast food kiosks) all contribute to young people not having jobs. Plus probably over protective parents.
No. AI provides a handy excuse to deflect blame from people who are causing the problems. At best, AI demonstrates that way too many jobs are actually useless in an economy based on financial tricks and marketing deceptions. And those jobs are useless with or without AI systems.
We are seeing the economy in turmoil because of decades of bad decisions by the ruling elites throughout the West. Those bad decisions mostly continue and won't stop until the people making them are gone.
Are we on the verge of a generational jobs crisis?
We are well past the verge. We are in it. The new jobs for the new generations do not pay enough to live on at the scale of previous generations. That is true in America and in Europe.
Gen-Z is screwed. The smarter ones know it; the others can feel it. They are also the ones who will be stuck picking up the pieces and putting them back together in some kind of new system. They will do that too. There are some very smart, very tough people hidden in the new generation and they will show themselves as circumstances expose them.
I don't know what the replacement system will be. Nobody really does. It looks like we are going to do the entire socialism, fascism, communism dance again with a new portion of Islam in the steps. Whatever the result may be will have fewer people dancing to the tune as it plays out.
Look for it to get worse.
Democrat party supporting people are a pain
in the ass and given modern technology,
many “white collar” and blue collar factory
jobs can be replaced by a machine, thus they will be.
Societie’s problem is what to to do
with all these relatively low mental
ability voters that have been displaced by machines?
High producers will tire of supporting people that vote against the high producers interests.
We will “Balkanize”. Many science fiction
stories have been written on this subject.
Many may come true.
unlike defective machines we don’t or can’t
get rid of “defective” humans so we are stuck
with idiots that have rights.
How many jobs have dems eliminated with high minimum wage laws?