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The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
CNBC ^ | 5/19/26 | Gabrielle Fonrouge

Posted on 05/20/2026 3:50:03 AM PDT by CFW

From the Dayton, Ohio, suburbs to boardrooms in Dallas, the employees fueling AT&T’s next wave of growth aren’t fresh-faced college graduates with expensive four-year degrees. They’re skilled, blue-collar workers ready to get their hands dirty — and AT&T can’t find enough of them.

“We need people who know how to actually work with electricity. We need people who understand photonics. We need people who can go into folks’ homes and connect this infrastructure to make it work right,” AT&T CEO John Stankey told CNBC during a recent interview from the company’s Dallas headquarters.

“We find that we’ve got to go out and find them, train them, and incent them to come in,” he said. “It’s not like we’re growing them on trees in the United States.”

AT&T’s dilemma — hunting for blue-collar workers at a time when a record number of college students are projected to graduate this spring — underscores the palpable crisis facing new degree holders as the first wave of the AI revolution hits the U.S. economy.

For much of the postwar era, the American bargain was clear: Go to college, get a degree and claim your place in the middle class. As factories gave way to offices and the U.S. economy increasingly rewarded credentials over physical labor, a four-year diploma became one of the clearest symbols of upward mobility. But as AI spreads across corporate America and begins to absorb the entry-level work that once gave graduates their start, that promise is beginning to fracture.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Culture/Society; Miscellaneous
KEYWORDS: ai; business; education; trades
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If you have a youngster just graduating high school, convince them to go to a trade school rather than going into major debt for a four year degree from an ivy league university.
1 posted on 05/20/2026 3:50:03 AM PDT by CFW
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To: CFW

I have been promoting this for over a decade and even have several posts at FR strongly encouraging trades over college.

Even without the advent of the AI apocalypse shifting from the near dead and valueless college indoctrination to actual real-world work (blue collar) was obvious for anyone who was paying attention.

College grads leave with a useless piece of paper and no skills, they are near useless now to businesses as they need trained after college, blue collar workers from trade school typically can start working much quicker and adding value.


2 posted on 05/20/2026 3:56:06 AM PDT by Skwor
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To: CFW

Not all manual labor is equal. A ditch digger will still have a lousy payday. A plumber or lineman will retire at 50 with a nice home and a boat if he so chooses.


3 posted on 05/20/2026 4:00:40 AM PDT by Sirius Lee ("Never argue with a fool, onlookers may not be able to tell the difference.)
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To: Skwor

My grandson the electrician in CA makes serious money.
His cars and house are paid for.


4 posted on 05/20/2026 4:00:41 AM PDT by ComputerGuy
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To: CFW
Four years ago, against my better judgement, my wife pushed my HS-aged son to attend classes at a university that was not cheap, and he bombed out in less than a semester. Not because he's stupid, but because he was one of those COVID Grads that spent Senior year in lockdown, he came to hate the schoolroom experience.

Fast-forward to today and in less than two years he's a graduate of Universal Tech Institute with an earned Associates and a mid-level Factory Certification for BMW automobiles. Has a job in Charleston, SC waiting for him starting in June. I'm stunned at what the market will pay for these guys. He'll start as a factory trained auto technician for the largest BMW retailer in SC with opportunities to advance from there.

My first career was the same path. Since he has no historic reference, he doesn't realize (yet) that this was a way better option than college at this time. College certainly isn't for everyone.

5 posted on 05/20/2026 4:05:14 AM PDT by paulcissa (The left hates you and wants you dead.)
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To: Skwor

You and I both.

Those that go to a one or two year trade school program are well on their way to a middle class life-style while their peers in university are on the second or third year of accumulating more debt.

When you start your career $50k to $100K in debt, you spend the next 20 years trying to dig yourself out of a hole. Unless you are going into a career such as a doctor, lawyer, engineer, etc the degree is worth little.


6 posted on 05/20/2026 4:11:45 AM PDT by CFW
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To: paulcissa

“Fast-forward to today and in less than two years he’s a graduate of Universal Tech Institute with an earned Associates and a mid-level Factory Certification for BMW automobiles. Has a job in Charleston, SC waiting for him starting in June. I’m stunned at what the market will pay for these guys. He’ll start as a factory trained auto technician for the largest BMW retailer in SC with opportunities to advance from there.”


Congratulations to you and your son! I saw an interview with a Ford executive a few weeks ago and it was amazing how much they were paying for entry-level mechanics. He said there was a major shortage. Your son will do well!


7 posted on 05/20/2026 4:13:56 AM PDT by CFW
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To: Skwor

Related news:

“Target beats Wall Street estimates, hikes sales outlook as shoppers start to return”

https://www.cnbc.com/2026/05/20/target-tgt-q1-2026-earnings.html


8 posted on 05/20/2026 4:14:33 AM PDT by CFW
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To: ComputerGuy
The average salary for electricians in California varies based on experience and certification. Here are some key figures:

The average annual salary is approximately $60,587.

For Electrician I, the average salary is around $61,318.

The average salary for electricians can range from $49,300 to $67,600.

Certified electricians earn an average of $80,235.

These figures reflect the competitive compensation in the electrical industry across California.


That is not killer money.
9 posted on 05/20/2026 4:21:57 AM PDT by central_va (DI won't be reconstructed and I do not give a damn)
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To: central_va

He is above average. I say again, he makes killer money.


10 posted on 05/20/2026 4:24:26 AM PDT by ComputerGuy
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To: Skwor

While I absolutely agree in principle my concern is when no one else ca afford to hire tradesmen for anything but absolute necessities and there are more of them what happens

Started my adult life doing construction in a recession and there were far more people willing to work for cheap than there was work


11 posted on 05/20/2026 4:28:48 AM PDT by Manuel OKelley
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To: CFW

“… said May Hu, a 26-year-old tech consultant turned social media influencer who said she was laid off from Deloitte last year for what she described as nonperformance reasons.”

Just the person you want to hear from in this kind of article, although to be honest, Deloitte laid off tons of people when Elon and his buddies decided companies like Deloitte and Booz-Allen didn’t deserve any more government money.


12 posted on 05/20/2026 4:40:47 AM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.)
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To: paulcissa

Congratulations to this young man for getting a hands on job in automotive. I don’t know that I would necessarily pick BMW to work for, but at least it is a real job with possibilities. As a former Toyota tech at a low level dealership, I can easily (now) see that this was the best part of my automotive career. At least in most areas there is a good demand for this type of person.


13 posted on 05/20/2026 4:57:56 AM PDT by oldtech (oltech)
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To: ComputerGuy

Both Lowes and Target beat expectations with 1st quarter earnings. SOME consumers are apparently spending money.

“Lowe’s beats Wall Street expectations against ‘challenging’ housing backdrop”

https://www.cnbc.com/2026/05/20/lowes-low-q1-2026-earnings.html


14 posted on 05/20/2026 5:01:17 AM PDT by CFW
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To: CFW

I’m convincing my new grad to do both. First off, by not selecting a College that is expensive and is a good value. The kid had some name brand choices to be sure but chose the economical route.

Then, hit trade school.


15 posted on 05/20/2026 5:07:30 AM PDT by FlipWilson
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To: CFW

I am still not sold on AI. I look at it this way. If I hire someone name Alex Ingels and he gave me the work product that AI produces, I would fire him.


16 posted on 05/20/2026 5:10:51 AM PDT by FlipWilson
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To: CFW

My wife, by herself, practically supports our local Lowes.
We recently bought two houses and she’s ‘fixing them up’.


17 posted on 05/20/2026 5:13:49 AM PDT by ComputerGuy
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To: FlipWilson

Go to trade school, get the job, then go to night school to get the traditional college degree.


18 posted on 05/20/2026 5:15:16 AM PDT by dfwgator ("I am Charlie Kirk!")
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To: dfwgator

Quote: “ Go to trade school, get the job, then go to night school to get the traditional college degree.”

Except College is almost free thanks to a scholarship. I’d agree with you if it wasn’t.


19 posted on 05/20/2026 5:21:17 AM PDT by FlipWilson
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To: central_va; ComputerGuy
He'll be able to - if he has the initiative - be self-employed as a contractor or become specialized in the trade, maybe high voltage or controls.

I am a Master Electrician and Electrical Contractor.
It is not hard for me to earn $1k/day.

ComputerGuy - tell your son to just keep focused, have fun and enjoy his life and career.

20 posted on 05/20/2026 5:47:53 AM PDT by 1FreeAmerican
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