
Roland
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The Fuckening of white-collar workers has arrived. blog.andrewyang.com/p/the-end-of-t…

BREAKING: Meta stock surges following reports they’re laying off 20% of the company due to AI.

Everyday that feels like it's the end of the space is getting closer to the proper reset. It makes me more bullish for the space long term

Andrew Yang is calling it "The Fuckening." That's his actual word for it. And honestly it fits. A CEO of a publicly traded tech company told him directly: "We're firing 15% now. Another 20% in two years. Another 20% after that." There are 70 million white collar workers in this country. Yang projects 20 to 50% of those jobs gone within a few years. The low end of that is 14 million people. The entire 2008 crisis wiped out 8.7 million. The difference this time is the jobs don't come back. A recession ends and companies rehire. This time the work still gets done. It just gets done by software. The position itself stops existing. Nothing expands margins like replacing a $379K employee with a $200/month subscription. We track it all at layoffhedge.com. 58 companies. 254,000 people. And climbing. Yang is writing about what's coming. We're counting what's already here.

What’s your plan for work when AI takes your job?

"I'm too scared to talk to this girl" What your ancestors did on a random Tuesday:
















