Apollo's Marc Rowan says to expect 'blue-collar ascendancy' and 'white-collar stress' in the age of AI
Briefly

Apollo's Marc Rowan says to expect 'blue-collar ascendancy' and 'white-collar stress' in the age of AI
""This will be very, very far-reaching, almost every job will be enhanced or replaced," Rowan said, noting this was "certainly" the biggest tech cycle of his career."
""If you are an Ivy League graduate who's in the liberal arts and certain things, you're 10 years out of school, you're making 60 grand; if you can level a concrete floor, you're making 250 grand.""
""We have no political history of this sort of change," he said, indicating that the consequences of this shift could be significant for politics and society."
""Our company, QTS, and data centers a year ago, it's something..." indicating the ongoing investment in blue-collar job sectors."
The AI revolution is expected to drastically affect white-collar employment, with many jobs being enhanced or replaced. Marc Rowan predicts a shift from blue-collar ascendancy to white-collar stress, highlighting the disparity in earnings between liberal arts graduates and skilled blue-collar workers. This change may lead to political upheaval, particularly in urban areas where white-collar workers reside. Jon Gray anticipates a significant increase in blue-collar employment due to investments in physical infrastructure, suggesting a potential shift in job availability from cities to rural areas.
Read at www.businessinsider.com
Unable to calculate read time
[
|
]