Andrew Yang predicts AI could eliminate half of white-collar jobs
Newsy
Andrew Yang warns AI could cut up to half of white-collar jobs, with ripple effects on service industries. Most Americans expect losses.
Former presidential candidate Andrew Yang predicts that up to 50% of white-collar workers could lose their jobs as companies adopt artificial intelligence.
Writing on Substack, Yang said that as companies seek efficiency, competitors will quickly follow.
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“It will become a competition because the stock market will reward you if you cut headcount and punish you if you don’t,” Yang wrote. “As one investor put it, ‘Sell anything that consists of people sitting at a desk looking at a computer.’”
Yang said the impacts will extend beyond white-collar workers. Those who support office employees, such as janitors and food service staff, will also be affected.
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