So much for jobs coming back to the US. Mid and entry level jobs are disappearing by the tens of thousands and the trend is accelerating thanks to enhanced AI and its adoption across the jobs universe. Finance, law, entertainment are all in its crosshairs and the only people benefitting are those who can afford to play in the stock market. It’s time to rethink what’s happening around us.
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AI isn't ki-ling jobs - at least not yet.
The U.S. economy is absolutely cooked right now due to tariffs, market uncertainty, and international relations that have caused the value of the dollar to plummet. There are ~7 companies keeping the U.S. afloat right now with unprecedented spending on AI, nearly all of which has yet to turn a profit. When that bubble pops, may God help us.
Companies understand they can't state any of the above as reasons to why they're laying off workers due to our current government's history of retaliation. Speaking the objective truth gets your government contracts and/or funding immediately pulled, thus they blame AI.
We literally have an AI focus group at Verizon to figure out how to use it, and thus far assisting with Excel formulas and incorrectly summarizing emails seems to be its primary use cases.
TLDR; AI isn't the problem - the economy is hot garbage right now
Let’s be clear: this isn’t AI, it’s outsourcing. The layoffs are hammering U.S. employees only, while hiring in India is so aggressive they’re literally running out of office space for new hires.
Now let that sink in then look up the HIRE Act 2025. Outsourcing lobbyists, backed by dirty lawmakers, are fighting it tooth and nail because it threatens their $931 billion racket, projected to balloon to $1.6 trillion in just five years with a 10% annual growth rate. That’s 10% more U.S. jobs stolen and shipped overseas every year, while greedy corporations rake in profits here in the US then insult us by claiming there’s ‘no talent in the U.S.’.
If there’s ‘no talent here,’ then why are they making billions off our labor and customers? Hire here or go take your business there you greedy schmucks.
The post-scarcity model calls for a 16-hour workweek IF the upper crust can lose some greed.