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. Tasks 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. Major firms like IBM and Accenture are pausing junior hiring as AI tools replace human labor. This 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. CHAPTERS: 0:12 White-Collar 0:47 Entry-Level 1:03 Job Losses 1:25 Internships 2:10 Layoffs 2:58 Career Mobility 3:36 Job Market 4:11 Employment 5:06 Administrative Roles 7:15 Workforce Executive Producer: Danny Pasquel Produced by: Samantha Harvey Edited by: Jacob Smith Animation: Charlotte Brown Additional Footage: Getty Images » Subscribe to Economy Media: https://www.youtube.com/channel/UCc8q4B1bj-668LMHyNXnTxQ?sub_confirmation=1 Conect With Economy Media Everywhere Follow Economy Media on Instagram: https://n9.cl/economymedia #economymedia #tech #jobmarket #techjobs