The SatsMate Stack

The Blue Collar Boom AI Can't Stop: The Middle Management Layoff Crisis

Paul SatsMate Season 3 Episode 53

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0:00 | 11:50

Hey Satsmate Stackers, 

It is mind-blowing to see what AI is capable of right now. I know completely non-technical people who have been able to code a website with relative ease. It makes me genuinely happy that there are tools that can help non-technical people create products simply by typing. Everyone's brain works completely differently, and this helps the creative people significantly. In this podcast, I go over the risks of being simply an employee and where there is a decent gap in the market. I know we may not all be cut out for the blue-collar world, but sometimes we just need the right mindset, a bit of money, and a hard work ethic - and we can make a really nice living for ourselves! Specifically, in this podcast, I go over the following: 

  • If you aren’t in the top 10% at what you do in the corporate world, there is a risk you could get automated away
  • X (formerly Twitter) proved you could cut 90% of your workforce and do much better
  • Block, Meta, Oracle, Amazon, Cisco, LinkedIn, Dell, and more are all proving it. They can get by just fine without you; they all can
  • With computer jobs where you just press buttons, answer emails, take calls, sit in a comfy office chair - are you really insulated?
  • From my view, I don’t think this is the best place to be focusing our time & attention
  • Just because it is cushy and good to you now, where are all these middle management office jobs going in the future? 
  • Future organizations will be flat
  • Have you seen what AI can do? 
  • What AI can’t automate is things that we need humans to do - which is why blue collar is having a revival
  • All these AI companies, or AI automation efforts, depend on us. Without us, they cannot operate
  • The bureaucracy, and sue from accounting, or Joe from finance, could be automated - but not the operators of the business, or those out in the field
  • Nursing homes, cleaning businesses, pressure washing, concrete, HVAC, fencing contractors, luxury bathrooms, trash can cleaning business 
  • The silver tsunami is here, and a lot of 50-70 year olds are looking to cash out
  • Now is a great opportunity to automate those businesses that barely have a functioning website and accounting system
  • AI will automate most corporate jobs, especially if you aren’t top-tier

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Best Regards, 

SatsMate Stack

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Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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