A new report by Citrini Research sent quivers of fear through the stock market for imagining a mass unemployment scenario caused by AI. But in such a scenario, co-author Alap Shah pointed out, white-collar office drones wouldn’t be the only ones feeling the squeeze.
“Let’s say in our scenario, we talk about five percent of folks might get fired in a couple of years,” Shah, CEO of [Littlebird.ai](http://Littlebird.ai), said on a podcast, as quoted by Business Insider. “Those five percent, if there aren’t white collar jobs for them to relocate into, then they’re going to have to move into the gig economy and the blue collar labor force.
“And so that puts pressure on the entire labor market, not just the white collar one,” Shah added.
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A new report by Citrini Research sent quivers of fear through the stock market for imagining a mass unemployment scenario caused by AI. But in such a scenario, co-author Alap Shah pointed out, white-collar office drones wouldn’t be the only ones feeling the squeeze.
“Let’s say in our scenario, we talk about five percent of folks might get fired in a couple of years,” Shah, CEO of [Littlebird.ai](http://Littlebird.ai), said on a podcast, as quoted by Business Insider. “Those five percent, if there aren’t white collar jobs for them to relocate into, then they’re going to have to move into the gig economy and the blue collar labor force.
“And so that puts pressure on the entire labor market, not just the white collar one,” Shah added.