Research from the Massachusetts Institute of Technology and Oak Ridge National Laboratory reveals that approximately 12% of existing U.S. jobs could be replaced by AI technology right now, equating to 1 in 9 American jobs being at risk. Major companies are already responding: HP Inc. plans to cut up to 6,000 jobs by 2028, UPS has eliminated 12,000 corporate roles, and Amazon is undergoing extensive layoffs.
The shift towards AI is fundamentally altering the labor economy. Traditionally, improvements in productivity have led to wage increases; however, the introduction of AI is breaking this link, resulting in profits that favor companies over workers. This trend raises concerns about the permanent devaluation of human labor, especially as companies automate operations to cut costs and maximize efficiency.
As the labor market approaches a breaking point, workers are encouraged to adapt by investing in AI-related stocks and upgrading their skills to navigate a world where human labor is increasingly being replaced by technology.
