Updated: Sep 24
The emergence of a cognitive elite, and, for the first time in history, the almost total convergence of intellectuals with the financial elite explains the coming extinction of the middle class.
What is coming is a ruthless meritocracy that will admit only those individuals with the skills to do work that can’t be replaced by algorithms and robots. There won’t be many openings. In most professions and trades, to the extent human involvement is still necessary, competence will be secondary to affirmative action because automated procedures and artificial intelligence prompts will tell workers what to do.
Read the full article: https://amgreatness.com/2022/09/20/why-the-middle-class-is-being-destroyed/