How AI is Causing a White Collar Bloodbath

The rapid rise of artificial intelligence is transforming the labor market, especially by eliminating entry-level white-collar jobs. \r\n\r\nTasks 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. \r\n\r\nMajor firms like IBM and Accenture are pausing junior hiring as AI tools replace human labor. \r\n\r\nThis 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.\r\n\r\nCHAPTERS:\r\n0:12 White-Collar\r\n0:47 Entry-Level\r\n1:03 Job Losses\r\n1:25 Internships\r\n2:10 Layoffs\r\n2:58 Career Mobility\r\n3:36 Job Market\r\n4:11 Employment\r\n5:06 Administrative Roles\r\n7:15 Workforce\r\n\r\n\r\nExecutive Producer: Danny Pasquel\r\nProduced by: Samantha Harvey\r\nEdited by: Jacob Smith\r\nAnimation: Charlotte Brown\r\nAdditional Footage: Getty Images\r\n\r\n» Subscribe to Economy Media: https://www.youtube.com/channel/UCc8q4B1bj-668LMHyNXnTxQ?sub_confirmation=1\r\n\r\n\r\nConect With Economy Media Everywhere\r\nFollow Economy Media on Instagram: https://n9.cl/economymedia\r\n\r\n#economymedia #tech #jobmarket #techjobs