AI Layoff Bloodbath, Wealth Shift Shock

● AI Layoff Bloodbath, Wealth Shift Shock

I have included in today’s article the terrifying current situation that could put your livelihood at risk right now, as well as the wealth transfer opportunities that others are missing.It is not simply at the level of “there are many layoffs in the US.”We uncover the real reason behind the Big Tech layoffs sweeping through at a level comparable to the 2008 global financial crisis, and the shocking reality that even specialized professions like accountants and lawyers are no longer hiring new recruits.In particular, I have completely reinterpreted and organized from my own perspective the ‘movement path of AI infrastructure investment’ and the ‘stock sectors that will enjoy a solitary boom’, which other news outlets do not tell you, so if you read to the end, your eyes for reading the global economic outlook will completely change.

1. A Fierce Wind Comparable to the Global Financial Crisis: The True Face of US Big Tech Layoffs

Normalization of Pandemic Overhiring? No, the Real Culprit is AI

The number of layoffs announced by the US government and companies last year skyrocketed by a whopping 58% compared to the previous year.This is a massive level equivalent to the time of the global financial crisis that drove the whole world into fear in 2008.Especially, excluding the reduction of civil servants by the Trump administration, the Big Tech industry took the hardest hit.Many media outlets and companies say it is a process of ‘normalizing’ the workforce that was overly hired due to the non-face-to-face boom during the 2020-2022 pandemic period.However, the underlying truth is completely different.It is not that companies are firing people because they are struggling, but because they no longer need that many ‘humans’ due to AI.Even Amazon CEO Andy Jassy openly mentioned through an internal document that “the overall workforce will shrink as AI changes the way we work.”

Companies Preferring AI Agents Over Humans

Just two years ago, AI was merely a fascinating chatbot, or an auxiliary tool that humans had to manually correct one by one.But now, ‘AI agent’ models that actively think and work like humans are pouring out.AI is handling not only simple repetitive tasks, but also highly advanced data analysis, content creation, and coding.From a company’s perspective, there is no reason not to use AI, which works 24 hours without getting tired, has no emotional drain, and has productivity dozens of times higher than a human.Ultimately, the organizational chart of the future is highly likely to be slimmed down to a structure of ‘1 team leader (human) + multiple team members (AI agents)’.A national crisis of extreme polarization where only a very small number of executives amass immense wealth while the majority of workers lose their jobs, along with deteriorating tax revenues and market contraction due to the collapse of the middle class, is just around the corner.

2. Robo-labor (Robot Labor) is Coming: The Reality of AI Restructuring Striking by Profession

The Voice Acting Industry: The Paradox of My Voice Stealing My Job

One of the places that took a direct hit is voice actors who act with their voices.The workload of a 22-year veteran voice actor has plummeted by more than 80% since the introduction of AI.Nowadays, companies use AI to churn out massive amounts of advertisements at very low costs.If you record and train a character’s voice for just 20 to 30 minutes, AI perfectly articulates every sentence at a level indistinguishable from a human.Furthermore, due to the unfair ‘buyout contract’ practice of using it unlimitedly once recorded, voice actors are not even protected for the rights to their own voices.There are even gloomy forecasts that by 2027, about 79% of voice acting roles will be at risk of job replacement.

Amazon’s 16,000 Job Cuts: The Fall of White-Collar Workers Putting Korean Managers at Risk Too

Amazon expanded its restructuring scale to 30,000 people in just three months, and we must note that 16,000 of them are ‘middle managers’.A massive number of typical office-worker manager-level employees who used to make reports and brief their superiors have been cut.This is no longer another country’s story, but a reality that will soon strike ‘Manager Kims’ in Korean companies as well.If in the past humans competed against humans in the workplace, an era of ‘labor-robot conflict’ (worker vs. robot) has now opened where humans compete against AI.In addition, an all-out pressure has begun where physical AI (robots) replaces field and production workers, and software AI pushes out white-collar workers.

No Exceptions for Lawyers and Accountants: The Disappearance of New Hires in Specialized Professions

Are specialized professions safe? Not at all.Major domestic accounting firms have drastically reduced their hiring of new accountants.This is because AI tools now finish complex basic data research and classification tasks in 20 to 30 minutes, which junior new hires used to spend all week on in the past.As a result, an unprecedented situation occurred last year where 70% of those who passed the CPA exam failed to get a job.The legal market is the same; as AI excellently performs precedent searches and drafts contracts, the incentive to hire new lawyers has disappeared.The ‘career ladder’ itself, where one grew by learning the job from the bottom up in an apprenticeship style, is completely collapsing.

Chain Job Cuts Triggered by Global Big Tech: China’s Baidu and Germany’s TikTok

China’s largest portal, Baidu, is cutting up to 30% of its personnel by department at the end of the year.This is because they widely applied their own excellent AI coding tools and generative AI assistants internally, which improved work efficiency so much that a large surplus workforce was generated.At TikTok’s German branch as well, hundreds of employees who censored sexually explicit or violent videos were fired.This also happened because AI and algorithms perfectly replaced the human eye.

3. 🚨 [Exclusive Insight] The Most Important Fact That News Outlets Do Not Tell You 🚨

Employment Downturn = Economic Downturn? This Formula is Now Broken

Normally, people think the economy is destroyed when layoffs increase and the unemployment rate skyrockets.But now it is completely different!This is because companies are not firing people due to poor business, but they are reducing labor costs and introducing AI to extract extreme efficiency.In other words, an ‘optical illusion’ and ‘decoupling’ phenomenon is occurring where, even though workers’ jobs disappear, corporate profits increase and the stock market enjoys a solitary boom.This is exactly why you will be in big trouble if you bet on the stock market going down just because jobs are disappearing.

Where Will the Money Not Spent on Humans Go? The Answer is ‘Investment in AI-Related Stocks’

Where will Big Tech companies like Amazon and Meta spend the massive costs saved by cutting people?Will they pile it up as retained earnings? No.They are pouring astronomical amounts of money directly into AI infrastructure and physical AI (robots).We must trace this exact movement path of funds.Ultimately, investment momentum for HBM and high-performance AI semiconductor companies like Samsung Electronics and SK Hynix will inevitably intensify rather than diminish.Furthermore, for robots to move 24 hours without getting tired, an innovative power source is needed, right?That is why supply and demand are heavily leaning toward secondary batteries, including ‘solid-state batteries’.To create wealth in the midst of a crisis, you must pay attention to hardware companies that fill the void left by slashed labor costs.

Personal Survival Strategy: Only Those Who Command AI Will Survive

According to a survey by KBS and the Korea Labor Institute, more than half of the respondents answered that AI will replace 70% of existing tasks.The new hiring ladder for the youth has already broken.If so, how should an ordinary office worker survive?The answer is to become “a person who inflates my productivity tenfold by utilizing AI.”Organizations will be slimmed down, but the market value of a few core point talents who remain in those slimmed-down organizations and command AI agents like their own hands and feet will rather skyrocket.A job transition to find an irreplaceable position and retraining to utilize AI tools are more urgent now than ever before.

< Summary >

The number of layoffs in the US in 2024 skyrocketed to a level comparable to the financial crisis, and the core point cause is not pandemic normalization but human replacement by AI.
A fierce wind of layoffs is blowing regardless of profession, such as the firing of 16,000 Amazon middle managers, the disappearance of new hires for accountants and lawyers, and the evaporation of 80% of voice actors’ workloads.
Even though the job market freezes, a ‘decoupling’ phenomenon is occurring where corporate performance and the stock market rise because companies reduce labor costs to invest in AI.
The labor costs saved by companies are flowing strongly into AI semiconductor infrastructure like Samsung Electronics and SK Hynix, as well as robot value chains such as solid-state batteries.
The survival strategy for office workers is solely a job transition that maximizes one’s own productivity by actively utilizing AI tools.

*Source: KBS News

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