The Looming Economic BOMB The Elites Want You to Look Away From

There is a major economic iceberg ahead that may eliminate up to 30 percent of jobs over the next five years and 50 percent over the next 20 years—yet politicians and media are barely mentioning it.

As we suffer together through the hourly chaos and crisis of Trump 2.0, it’s hard to remember that one day Donald Trump will be gone.

If laws, and the U.S. Constitution, still apply in America, that day will come in January 2029. Then, a term-limited Trump will exit Washington and hand over—willingly or unwillingly—the Oval Office to a fellow-MAGA traveler or, ideally, a progressive populist.

When that happens, the proletariat will be met with an even greater threat than Trump or MAGA: corporate-controlled artificial intelligence erasing their jobs and endangering their families very survival.

As Forbes reports, by 2030, 30 percent of U.S. jobs are predicted to be eliminated; even worse, that number will skyrocket to 50 percent by 2045.

Estimates vary, but experts converge on a transformative window of 10 to 30 years for AI to reshape most jobs. A McKinsey report projects that by 2030, 30% of current U.S. jobs could be automated, with 60% significantly altered by AI tools. Goldman Sachs predicts up that to 50% of jobs could be fully automated by 2045, driven by generative AI and robotics.

If you dig even further into the numbers, the carnage will be even worse for the youngest among us. Dario Amodei, the CEO of AI-company Anthropic, is ringing the alarm bells despite his company, technically, being part of the problem. He told Axios that AI could “wipe out half of all entry-level white-collar jobs” over the next five years, which would most aggressively harm workers right out of college and young professionals under 30.

Amodei estimated that the AI apocolypse would spike unemployment to 10-20 percent over the next five years.

But that’s just the official unemployment number he’s estimating (which would be bad enough). I’m here to tell you it will likely be even worse.

Right now, before the AI assault has fully launched, our real unemployment—not the bullshit number pushed and propagandized by purchased politicians and corporate media—is nearing Great Depression levels!

You may be asking where am I getting my math from? File it under the broken clock is right twice a day rule, but of all places, Politico provided actual facts on how bad the CURRENT economic bleeding is for working people. From Politico’s story titled “Voters Were Right About the Economy. The Data Was Wrong” (section bolded by me for emphasis):

I don’t believe those who went into this past election taking pride in the unemployment numbers understood that the near-record low unemployment figures — the figure was a mere 4.2 percent in November — counted homeless people doing occasional work as “employed.” But the implications are powerful. If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.

So, if the current real unemployment, when factoring in all the part-time, gig-work, and low-wage work, is damn-near Great Depression levels, isn’t it reasonable to expect it to get even worse than our historic rock bottom when AI has its way with the masses?

The predictions for 10-20 percent unemployment over the next five years is only factoring in the total elimination of jobs; but what about the full-time workers whose jobs aren’t completely eliminated but have their hours significantly cut due to AI offsetting some of their responsibilities? In that case, in our current fucked up economic and political system, those full-time workers—whose families’ healthcare is tied to their full-time employment— would dip below 40-hours a week, thus losing their health insurance and other benefits.

Besides themselves, who’s gonna shed a tear for them? Certainly not their corporate bosses hoarding more profits at their expense—their starving, bleeding-out workers be damned. Certainly not the corrupt politicians who are supposed to be representing them. Those ghouls don’t fully understand AI or the economic chainsaw linked with it (and don’t care to).

After all, the only jobs they’re focused on keeping are their own.

The problems aren’t limited to the top line numbers of Americans’ whose jobs will be entirely eliminated, or will have their jobs cut in half through shrunken hours and benefits. The even bigger problem is systemic: where, and who, do those workers turn to?

The U.S. unemployment system is already in tatters. In most states, unemployment insurance is only offered for about six months (and contingent on the unemployed showing some type of evidence they are looking for work and securing interviews). The last time the unemployment system had a mass surge of applicants—in 2020 and 2021 during the worst of the COVID pandemic—many states became overwhelmed, with recipient payments delayed and, in many cases, the unemployed never receiving them.

Fast-forward to 50-100 million Americans applying for unemployment within the same time period; besides most states’ unemployment systems not having the money to meet those demands, most of their actual systems would not be able to promptly dole out the money.

Beyond unemployment, during a once-in-a-century pandemic, when nearly 10 million Americans lost their jobs, and employee-sponsored healthcare, the U.S. government’s big idea to provide healthcare to economic victims was not a temporary universal healthcare or public option program.

It was COBRA.

That’s right, the scam that is COBRA, the emergency health “care” program that costs Americans on average between $400 and $700 a month just to keep their costly, overpriced health insurance plan from the company that just laid them off (that’s an additional $400-700 a month on top of still paying your co-pays, co-insurance, and other surprise medical bills).

If that’s all our neoliberal corporatist government provided during a deadly pandemic, what makes you think they’re going to do any better amidst an AI apocalypse?

Assuming no big-picture, structural policy changes come over the next five years—at this point a healthy assumption—this will leave unemployed Americans with no choice but to flood overwhelmed Medicaid offices, or sites like GoFundMe, to beg their fellow comrades for help paying for essential healthcare.

But don’t worry Jordan, AI will cure cancer, the tech overlords shout! Wonderful, but who's going to pay for the preemptive screenings, and treatments, the unemployed masses will need to even obtain that cure?

Right now, it’s hard to navigate past the chaos, and fear, the fascist Trump regime is bombarding us with. But, if the masses don’t all come together, right now, to loudly demand a rock-solid plan—and laws—to restrain the worst of AI, prevent a mass economic bloodbath, and an even worse economic dystopia than already exists…

Trump will be the least of your problems.

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