BlackRock CEO Larry Fink Co-Chair of WEF:

“If AI does to white-collar work what globalization did to blue-collar, we need to confront that directly.”

I have said this for a long time. We need to think about how AI might change the West.

The production jobs were outsourced to the East. The West became heavy on Service sector.

AI is changing the service sector fundamentally. People will be unemployed much faster than you think.