A CEO trying to reindustrialize America says blue-collar pay is headed for 'massive hyperinflation' and kids should skip college to become welders | Fortune
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A CEO trying to reindustrialize America says blue-collar pay is headed for 'massive hyperinflation' and kids should skip college to become welders | Fortune
""All the white-collar jobs are going to get automated. I think we're going to see massive hyperinflation in blue-collar salaries.""
""Everyone, go tell your kids to quit college and university and go get a welding certification. The country needs you.""
""The Bureau of Labor Statistics listed the median pay for a welder at $51,000 in 2024, lower than the median pay of roughly $60,000 for all workers in the U.S.""
""As the AI data center buildout explodes thanks to record-breaking investments, which will hit $700 billion this year alone, some blue-collar roles are rising in demand.""
Business leaders warn that the knowledge economy is ending as AI automates white-collar jobs, leading to a surge in demand for blue-collar workers. Chris Power, CEO of Hadrian, predicts significant salary increases for blue-collar roles. The AI infrastructure boom is creating a need for electricians and other skilled trades. Despite current statistics showing lower median pay for welders compared to all workers, the demand for blue-collar jobs may provide more job security for future generations than white-collar careers threatened by automation.
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