
The Neil McCoy-Ward Show
The Neil McCoy-Ward Show
The AI Jobs Collapse Has Begun: Economic Fallout, Job Losses & A Silent Middle-Class Crisis
The AI jobs apocalypse isn't coming - it's already here. In this urgent episode, I expose how: College grads are becoming obsolete as companies replace entry-level roles with AI agents. The 20-25% unemployment "death spiral" could trigger another Great Depression. Outsourcing hubs (India/Philippines) face economic collapse as AI kills virtual jobs. The 1% will gain $300 trillion while the bottom 90% lose $5 trillion in the AI wealth shift. I reveal the only "AI-proof" jobs left and share my proven system to future-proof your income. The middle class is being erased - adapt now or get left behind.
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The AI jobs collapse has already begun. And the interesting thing is I don't really think people are ready for what's actually coming next. So in today's video, I want to really break down a lot of things that I've been doing a lot of research today into the AI jobs collapse. And I'm going to focus not on the stuff that you've heard probably a hundred times at this point, but I'm going to focus on some new angles which is why I'm using the word collapse - because in a worst case scenario, the research I've done today does lead to a collapse of the economy, which I know is very alarmist, but bear with me and I'll go through a lot of this.
What we've been told is that AI will replace some jobs, some really basic jobs, but it will create all these new wonderful, amazing jobs. Well, that's not exactly true because yes, it's going to take some jobs, but it's also completely erasing entire income streams for people, collapsing tax bases. This is one thing we'll focus on, and it's going to basically gut the entire structure of the middle class. And then we'll get on to employment scarring. Really, if you look at all of these reports, I think they are missing these key points - they are missing the most important aspects of what is about to come with this AI revolution that they're talking about.
I want to tell you how I got on to this today because I had some stressful... it's not often I have very stressful days but today was very stressful because I don't know if you work the same way that I do, but what I do is when it comes to basic little admin tasks I don't even do those. I just build them up where it gets to the point where they become kind of urgent in some ways. So today I blasted through a load of stuff - government paperwork, medical things - and I got so frustrated being on the phone and these emails back and forth. Here's a prime example: I'm trying to add a new entrance way at my property and it's been going on for months and months of back and forth. After 4 months of this, I get an email with a link to a 200-page document when all I needed was simple answers about the angle of the driveway.
So you know what I did? I went on to AI, downloaded that document, put it into AI and said "This is what I'm trying to achieve - can you please tell me what I need to know?" Within minutes, it told me everything I needed - angles, everything. It even said "Do you want me to draw the models?" So I got all the planning drawings done. What took 4 months with humans took 3 hours with AI. This ladies and gents is what is coming. It's both really good because it saves time, but it is going to get rid of useless jobs where people don't care to help you.
This is a silent coup against the working class. The report says 30 million job losses just in the United States. College graduates are being badly affected right now - companies are saying "I don't need entry-level positions anymore, I'll just use an AI agent." Short-term this helps profitability, but what happens in 5 years when senior people retire? Who fills those roles?
The unemployment death spiral number is 20-25%. We hit that in the Great Depression. Consumer demand collapses, tax revenues shrink, government debt surges, safety nets buckle, and you get political and social instability. AI isn't just doing repetitive tasks anymore - it's doing design work, legal analysis, software development, customer support, ad design, translations, research, writing code, planning marketing campaigns, and client communication.
High-risk jobs going first: admin, customer service, fast foods, checkouts, drivers and dispatch. Medium risk (20-50% automation): retail, finance, legal basics, education, manufacturing. Low risk? Maybe paramedics - I thought about jobs like cleaning fat balls from London sewers, but even that could be automated.
When offices close from fewer staff (like in lockdowns), it kills surrounding businesses too - restaurants, cleaners, janitors, security, receptionists all lose work. The outsourcing nightmare is coming for India, Philippines, Africa - when companies don't need those virtual employees anymore.
The wealth inequality will be staggering - top 10% own 89% of stocks ($110 trillion) which will grow to $300 trillion with AI stocks, while bottom 90% lose $5 trillion. We're already seeing 4 of 5 collapse warning signs: social unrest, political instability, populist backlash, and global economic issues.
Solutions? My Rapid Cash Flow Program predicted all this - I'm offering 90% off for a limited time. Also check the stock market program for AI stocks. We need to prepare because once we hit the wealth singularity trap, there's no going back. Share this video, check the links below, and I'll see you for the walk and talk on Friday. God bless.