ANDREW NEIL: The rise of AI will decimate middle class jobs – but it’s not ALL bad news and here’s why…

I have a friend in storage. It is not the most eye -catching job to be sure, it is profitable. It has enriched it and is still expanding because it creates new storage facilities for companies and individuals throughout the country.

This is a well -managed job, but last year, artificial intelligence or artificial intelligence can make companies more productive and profitable.

AI is now drawing planning practices, appeals, associated legal documents and other complex documents required by its business and receives it in some of the time and cost. Of course, it means that the use of AI will need less people as they grow. However, what they hold will be much more productive.

A smaller work that is currently out of the machines. However, AI will not start to replace all professions starting with accountants and lawyers.

AI’s threat to jobs frightening – some experts talk about ‘business apocalypse’. But a world we need less accountants and lawyers? Each cloud has a silver primer.

The use of my friend’s AI is only a small example of the technological revolution swept through work and society, and is as comprehensive as the agricultural, industrial and digital revolutions that have come to the last 300 years ago.

However, this time threat blue-collar jobs-not losses in pre-technology uprisings-not, including mid-administration and above.

Look at the Atlantic and you can see the losses of work that has already begun to be installed. America is always the pioneer of such tendencies, but what happened there is here with increasing speed these days. Warning signs from the United States are already open: Britain’s middle class needs to be prepared for serious shocks.

Microsoft, which is at the end of artificial intelligence developments, reduces its labor force by 15,000 this year. American giants, such as Amazon ($ 2.5 trillion – $ 1.9 trillion) and JPMorgan (the largest bank in the world), said that the labor force will shrink significantly before ten years.

The General Manager of Wells Fargo (another US Banking Giant) has largely fallen into every quarter for five years, using AI to a large extent – a cumulative interruption of over 20 percent to payroll, with more.

Meanwhile, Ford’s boss AI’s automobile company expects to replace half of the white -collar labor force in the United States.

Thought tanks compete to put a number on white -collar jobs in Geopardy: always tens of millions. The effect is already felt by beginners.

“ A 23 -year -old university graduate what do you get to do these days? ‘The last cruel joke in corporate America. ‘Nothing. AI can do the job instead. ‘

It’s not just a joke. In the United States – and more in the UK – in the UK – from graduate recruitment, information technology to financing, insurance and all kinds of services are slowing down in every field.

Since 2020, a decreasing share of university graduates is landing works that require evacuated qualities. In general, the US unemployment rate is approximately 4 percent. However, 6.6 percent for new university graduates.

If you doubt that only well -educated middle class work expectations are about to be seriously challenged, consider the importance. Then think about this: the unemployed rate among the latest US graduates is increasing faster than the young people who are not degrees.

The artificial intelligence revolution is in danger, even those who managed to secretly enter the jobs before gathering steam. Companies are dismissing the last entry -level workers, because AI discovered that they can do their jobs cheaper and more efficiently. Good -trained young people are now competing for less good entry -level business.

Even high cliffs suffer. In the Wall Street and in London, where large financial operations and law firms are famous for offering the best and brightest six -digit starting salaries, less to grab less of such publications.

Even well -paid entry -level jobs include a lot of men work in the first years. AI does this now. So you don’t need much recruitment.

Microsoft has released a list of the most risk jobs this week. Sales representatives, translators, customer service employees, account clerks, large areas of middle management and almost every white -collar profession of all kinds of analysts. Journalists (Gulp) and Publishers (Double Gulp), such as fashion fashion models at risk (AI can create excellent virtual alternatives).

Microsoft also said which jobs are at least at risk from AI. From construction workers to house cleaners, oil equipment, they caught overwhelming blue, including physical activity. However, some high -graded positions can be unauthorized for AI, such as engineers and technicians.

We are only in the skirts of the AI revolution. So far, AI models are largely used to increase the job – so, while people are concentrating on efforts that add more value, they are used to help them do their jobs better and more efficiently by making AI’s rote things.

However, the future of artificial intelligence will include the automation of AI. That’s when the title of things will be the most devastating. Already the latest AI technology can be eaten with many tasks of human performance.

Even older AI models can be more than requirements. And they don’t all go quietly. When a company decided to distribute a new AI model to scan E -POSTS, he threatened to reveal the ‘dismissed’ out -of -marriage relationship (E -mail).

So what to do? First, do not stand on the path of progress on the path of impoverishment. The economic future of America and China seems brighter, because while AI is at the forefront of the development, it seems to be an economic stagnant water because it is an AI-rran in Europe.

Secondly, remember that in the end, all major technology revolutions create more work than they have destroyed. True, we don’t know what these things will be (just enough to claim that politicians are doing). This is what makes scary. However, it was also valid for the digital revolution of the 1980s and the 1990s. The world is now shaken by jobs that did not exist 20 years ago.

Third, appreciate that AI is an opportunity as a threat. Since the 2008 financial crisis, the world’s major market economies have traveled in the increase in weak productivity, more than the UK for sclerotic economic growth and stagnant living standards.

AI offers an escape from this productivity trap, which leads to long -term prosperity explosion (such as the industrial revolution) and the new, unknown works will come from the length created by growth led by productivity.

First of all, it’s time to wake up. Politicians and some commentators in the Western world are obsessed with their birth rates. They want governments to do something about it.

However, in general, if things are to be inadequate, there are millions of people at record levels and millions of people who do not work, as in the case of Britain – then it will seem perverted to worry about the decreasing population in the AI age.

Labor scarcity will be the least of England’s problems in the coming years and politicians realize that they are better.

Bad productivity has reduced Britain to a country where we need to spend more to get less. However, AI offers a promise of a future where we can do more and more. If it means a temporary journey for the middle class, it is not more than the working class has to endure in previous technology revolutions.

And in the end award – a new period of welfare – worth the struggle.