[2025-06-03] How AI is Causing a White Collar Bloodbath

Economy Media

Tuesday, June 3, 2025

How AI is Causing a White Collar Bloodbath

#jobmarket #techjobs #tech
The rapid rise of artificial intelligence is transforming the labor market, especially by eliminating entry-level white-collar jobs.

Tasks like customer service, legal research, and data analysis are increasingly automated. Reports from McKinsey and the World Economic Forum estimate that AI could displace up to 50% of these roles by 2035.

Major firms like IBM and Accenture are pausing junior hiring as AI tools replace human labor.

This shift not only reduces employment opportunities for recent graduates but also threatens long-term career mobility, wage growth, and economic stability, raising concerns about widespread unemployment and the weakening of the professional talent pipeline.

CHAPTERS:
0:12 White-Collar
0:47 Entry-Level
1:03 Job Losses
1:25 Internships
2:10 Layoffs
2:58 Career Mobility
3:36 Job Market
4:11 Employment
5:06 Administrative Roles
7:15 Workforce

Executive Producer: Danny Pasquel
Produced by: Samantha Harvey
Edited by: Jacob Smith
Animation: Charlotte Brown
Additional Footage: Getty Images

#economymedia, #tech, #jobmarket, #techjobs, #jobs, #artificalintelligence, #alljobs, #chatbots, #technology, #ai, #layoffs

https://www.youtube.com/watch?v=lxvIuoD-nOs

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