Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP is the same poster who asked 5 years ago if crypto would cause all banking to collapse; and if self-driving cars would cause the auto industry to collapse. How's that going?

I work for a bank regulator. Trust me when I say this, banks are worried!

https://www.bloomberg.com/news/articles/2026-05-15/crypto-s-win-on-landmark-legislation-reshapes-rivalry-with-banks

Crypto will be gutted once things get too precarious. Keeping sovereign control of money is one of the few things that the EU, US, and China will agree upon.

The US actually doesn't agree with that since it's full speed ahead on incorporating crypto into the mainstream. [We are aiming to the be the crypto king of the world! Pun intended, if you get my drift!] So good luck with that thinking but maybe you should start following the bank regulators to see the regulations that are coming out on this due to multiple legislative actions that have passed with bipartisan support.

Hers is that AI poster again. Shows up every once in a while to crowdsource about AI

Anonymous wrote:

Anonymous wrote:We are eventually going to need some level of government intervention to stabilize job loss due to AI. More and more CEOs are starting to talk about this. I'm hoping that isn't too far away. The unemployment numbers are quite staggering from this year's graduating class. And those who were lucky enough to secure offers are just as nervous about having those offers rescinded.

We also have to see how tech evolves to account for this as it's a much greater impact to society.

Going to get off topic, but manufacturing jobs were decimated from NAFTA and there wasn’t government help. Why would there be help now?

For one thing, the velocity with which this change is happening. The death of manufacturing was a slow moving train. By the time it was felt nationwide, it was already behind us. This is a whole different beast. Not unlike the internet age, but adapting to the internet was a whole lot easier than having to adapt to the technology that does your job. All that to say, I hope the government intervenes especially since CEOs are starting to raise the flag. But, then again, with this Administration, bottom line is if it doesn't benefit them, I'm not sure they'll do much. So ... to that end, you may be right!

Never, AI will take over the grunt work, entry level jobs which will change the workforce dynamic but pursuit of academic attainment for higher level jobs and general enrichment will remain.

Anonymous wrote:

Anonymous wrote:OP is the same poster who asked 5 years ago if crypto would cause all banking to collapse; and if self-driving cars would cause the auto industry to collapse. How's that going?

I work for a bank regulator. Trust me when I say this, banks are worried!

https://www.bloomberg.com/news/articles/2026-05-15/crypto-s-win-on-landmark-legislation-reshapes-rivalry-with-banks

Crypto will be gutted once things get too precarious. Keeping sovereign control of money is one of the few things that the EU, US, and China will agree upon.

Anonymous wrote:OP is the same poster who asked 5 years ago if crypto would cause all banking to collapse; and if self-driving cars would cause the auto industry to collapse. How's that going?

I work for a bank regulator. Trust me when I say this, banks are worried!

https://www.bloomberg.com/news/articles/2026-05-15/crypto-s-win-on-landmark-legislation-reshapes-rivalry-with-banks

Anonymous wrote:We are eventually going to need some level of government intervention to stabilize job loss due to AI. More and more CEOs are starting to talk about this. I'm hoping that isn't too far away. The unemployment numbers are quite staggering from this year's graduating class. And those who were lucky enough to secure offers are just as nervous about having those offers rescinded.

We also have to see how tech evolves to account for this as it's a much greater impact to society.

Going to get off topic, but manufacturing jobs were decimated from NAFTA and there wasn’t government help. Why would there be help now?

We are eventually going to need some level of government intervention to stabilize job loss due to AI. More and more CEOs are starting to talk about this. I'm hoping that isn't too far away. The unemployment numbers are quite staggering from this year's graduating class. And those who were lucky enough to secure offers are just as nervous about having those offers rescinded.

We also have to see how tech evolves to account for this as it's a much greater impact to society.

I think the imminent demographic cliff plus the advances in AI in white collar jobs will impact schools. Hard to justify 120k for Wesleyan in a five years when you could spend 60k on Macalester w/merit and save the money to support your kid in their 20s.

OP is the same poster who asked 5 years ago if crypto would cause all banking to collapse; and if self-driving cars would cause the auto industry to collapse. How's that going?

Anonymous wrote:5 years? I know some top schools will stay around as novelty but overall seems like collapse is imminent. When graduating classes start experiencing increasing double digit unemployment? Seems like that is just around the corner.

For those who see college purely as a means of acquiring some knowledge or skill that will get you to the next step, who knows. Maybe sooner than later. For those of us who value a residential community of higher learning, never. AI will never replace what an excellent or even good college experience provides.

Most of these kids are unemployed because they haven’t found the job they thought they would have, not because there are no jobs.
I am fully prepared for the possibility that my son may eventually work as a mechanic or carpenter after finishing at a SLAC.

Anonymous wrote:Not all of us wish for our children to become part of the Borg.

+1

Not all of us wish for our children to become part of the Borg.

5 years? I know some top schools will stay around as novelty but overall seems like collapse is imminent. When graduating classes start experiencing increasing double digit unemployment? Seems like that is just around the corner.