Compressing the economy means putting some significant percentage of white collar workers (let’s say 30%) out of a job, because their job can now be done by GPT

Compressing the economy means putting some significant percentage of white collar workers (let’s say 30%) out of a job, because their job can now be done by GPT-6 for 5 cents per day. Some of these people will become destitute, while others who have the education or talent will move to other as-yet unimpacted sectors. So the labour supply for these jobs goes up, and salaries are suppressed.