"If white-collar work were to shrink even 10%," Khan told Fortune, "it's going to feel like a depression."
"They've been making upper middle class, affluent salaries for the last 20 years," Khan said. "Their identity is tied to this. And now all of a sudden, you're going to have this mass shift in the job market."
AI milestones have rapidly progressed from Deep Blue beating Kasparov in 1997 to ChatGPT passing the bar exam in 2023 and DeepMind winning at the International Math Olympiad. Business leaders predict artificial general intelligence could arrive soon, accelerating adoption. Experts warn of substantial economic disruption, with the potential for mass unemployment and identity loss among displaced white-collar workers. A 2025 MIT study found AI could replace nearly 12% of the U.S. workforce. Even a 10% shrinkage in white-collar work could feel like a depression. Potential displacement could span roles from Uber drivers to radiology technicians.
Read at Fortune
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