The Future of White-Collar Workers in the Age of AI

Introduction

As the world continues to embrace automation and artificial intelligence, there is a growing concern about the future of white-collar knowledge workers. With the looming possibility of a recession, experts are predicting a jobless recovery that could have a particularly devastating impact on this group of workers.

The Unemployment Risk

According to recent studies, the use of AI and automation could result in a much larger unemployment risk for white-collar workers compared to blue-collar workers. This is due to the fact that AI is increasingly being used to perform tasks that were traditionally reserved for white-collar workers, such as data analysis and financial planning.

The Impact on the Next Recession

In the event of a recession, the jobless recovery prospects for these workers look grim. With AI and automation taking over their tasks, it is likely that these workers will struggle to find employment in new fields, leading to a prolonged and anemic recovery. This unprecedented shift in the labor market could have long-term consequences for these workers and the economy as a whole.