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RE: LeoThread 2024-12-05 08:38

in LeoFinancelast month

Part 2/7:

This scenario recalls the plight of blue-collar workers in industries like coal mining, who were advised to "learn to code" as a solution to job loss. Now, the shoe is on the other foot—white-collar workers face a similar fate: outsourcing and AI are redefining the work landscape.

Navigating Cost-Cutting Measures

In the relentless pursuit of profit margins, companies are forced to cut costs. As offshoring becomes a standard practice, businesses are increasingly turning toward automation and AI. An apparent dual threat emerges, where skilled workers find themselves in a boxing ring against both cheaper overseas labor and advanced technologies that promise error-free productivity. This dual attack leaves many feeling powerless and uncertain.

The Software Job Market in Flux