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I believe that the big story is really the elimination of some “high paying jobs” regardless of the field. This will likely have a trickle-down effect on the e
by jschveibinz 4y ago
I believe that the big story is really the elimination of some “high paying jobs” regardless of the field. This will likely have a trickle-down effect on the entire economy but even moreso in certain locations like SV, DC or Boston.
True technologists will figure out how to adapt and make use of the new technologies, but the number needed will likely be much smaller.
The fewer number of technology jobs implies that managerial jobs will be cut, as well as administrative and support jobs like accounting, HR, etc. These are also high paying jobs.
We are already seeing less of a need for office space, and that means less facilities-related jobs and commercial real estate jobs. Again, these are high paying jobs.
However, there will still need to be some facilities and there will still need to be physical, hands-on technologists for lots of things.
And we will still need networks, communications and data security, AI systems and techniques, AI-interfaces (input/output)(electro-mechanical-biological), next generation mobile communications devices and techniques, next-generation computing devices, automated manufacturing, and people who can do the physical engineering of AI-prescribed solutions.
It’s hard to think about this stuff, or to realize how quickly things can change. But we are on a very steep slope of technological change right now-almost vertical. The rate of change compared to 50 or 100 years ago is dramatic. I’m in my 60’s, and I’ve seen a lot of technological change in my lifetime. Believe me, things are changing very, very fast right now by comparison.