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Oblivious to what’s coming

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If you talk to people about LLM’s like ChatGPT, Perplexity, or Claude, you’ll still hear things like, ‘They hallucinate and will make up fake research’, and something I heard recently, ‘they actually make work harder because workers need to spend more time editing and cleaning up what they produce’. What people who say this don’t realize is that this is pre-January 2026, and we are now fully into February 2026. Yes, things are moving that fast! And furthermore, what most people, including me, have not been paying attention to is that when we use the free version of these tools, we are essentially months and months behind what the latest models can do.

Matt Shumer’s ‘Something Big Is Happening‘, was written just 4 days ago and has already been seen by millions of people. Yes, it’s a bit of a long read, but it is also a ‘must read’. Here is an excerpt:

“Dario Amodei, who is probably the most safety-focused CEO in the AI industry, has publicly predicted that AI will eliminate 50% of entry-level white-collar jobs within one to five years. And many people in the industry think he’s being conservative. Given what the latest models can do, the capability for massive disruption could be here by the end of this year. It’ll take some time to ripple through the economy, but the underlying ability is arriving now.

This is different from every previous wave of automation, and I need you to understand why. AI isn’t replacing one specific skill. It’s a general substitute for cognitive work. It gets better at everything simultaneously. When factories automated, a displaced worker could retrain as an office worker. When the internet disrupted retail, workers moved into logistics or services. But AI doesn’t leave a convenient gap to move into. Whatever you retrain for, it’s improving at that too.”

I recently shared my thoughts on the upcoming ‘Fiscal year end squeeze‘, where I said, “Corporations care about pleasing shareholders and maintaining stock value over caring for the people who work for them. This is the ugly side of capitalism. Eliminate thousands of salaries and suddenly the balance sheet proves to be more profitable. Never mind that these are people’s careers and livelihood that are being cut short. And never mind about loyalty to the company.” What I’m realizing now, after reading Matt’s article, is that the situation is far worse than I thought, because AI is coming after not just these jobs, but almost every other jobs these newly unemployed people will be looking for.

If I was out of a job right now, what I’d be doing is paying the monthly fees for the 2-3 best AI models out there and learning how to power use them. I wouldn’t be looking for a job, I’d be trying to find a niche where I could work for myself, or maybe become a contractor doing things for people who don’t realize that AI is good enough to get the work done faster than they can do it. Because the reality is that the vast majority of people in the world are oblivious to just how fast this disruption is coming, and unlike other disruptions in the past this one is going to happen everywhere and all at once. Most people can’t fathom how disruptive this will be, and even as I share this as a warning… I’m not sure I fully grasp the full impact either.

Fiscal year end squeeze

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Globally, we’ve seen jumps in prices in the last year that are unsustainable. It seems like everything in the grocery store is more expensive, and prices seem to continue to creep up. The impact must be felt around the world, and cost rises like this unjustly affect people below and near the poverty line more than they affect anyone else.

Now throw on top of this the loss of a job for the main breadwinner in the family, and the results are devastating. Unfortunately a lot of people are about to lose their jobs.

We are reaching, in the next couple months, the fiscal year end for a lot of large corporations, and two related patterns we’ve seen a lot of recently are going to repeat.

  1. Profits over people
  2. Massive layoffs

Corporations care about pleasing shareholders and maintaining stock value over caring for the people who work for them. This is the ugly side of capitalism. Eliminate thousands of salaries and suddenly the balance sheet proves to be more profitable. Never mind that these are people’s careers and livelihood that are being cut short. And never mind about loyalty to the company.

Cut. Save. Profit. And in a year, repeat.

And we aren’t taking about a few dozen jobs, we are talking about tens and cumulatively hundreds of thousands of jobs worldwide. We are talking about people with mortgages, people losing health care, people who were already living paycheque to paycheque, suddenly jobless. People who thought they were going to be ok, suddenly seeking a job in a challenging market where thousands like them are in the same situation.

Beyond purely meeting shareholder targets, AI and robotics are also taking jobs away. Companies are choosing to use the former salaries of employees to buy chips and memory storage. Manufacturers are replacing employees with robots that don’t take breaks or sick leave, and which don’t need to end their shift after 8 hours. On top of shareholder pressures, there are pressures to eliminate jobs and have the AI Revolution transform the workplace more dramatically than the Industrial Revolution did.

I think this year we are going to see this happen at an alarming scale. The irony is, the large scale layoffs that I see about to happen, added to soaring prices, are going to drastically affect the spending of consumers who buy the products these large companies need purchased. However, many of these billion dollar companies are circumventing this too, by committing billions of dollars to purchase goods and services from each other, again inflating their perceived profits for shareholders.

All this to say that I see a lot of short term financial pain for a significant number of people in the coming months. I’m predicting the fiscal year end squeeze is going to be a hardship like none we’ve seen before, and a lot of people, a lot of families, are going to struggle as a result.

Gen X Wave

We are in for a unique change in the workforce. We are approaching a wave of Generation X retirements and that’s leading to shortages in the workforce. Teachers, nurses, doctors, plumbers, and many more positions that AI won’t easily replace, are seeing retirements happen faster than they can be replaced.

So part one of the change is simple to see, and that’s workforce shortages. The other part of this wave is these same Gen X’ers taking on different jobs. People retiring in their late 50’s and early 60’s are not all going to leave the workforce completely. This will happen for a couple reasons.

They won’t leave because their pensions need to be subsidized to live the life they want to live, and they won’t leave because work gives meaning to a lot of them… being productive is important in feeling young and staying healthy. Some of these people will continue working in their old fields after receiving there pension, ‘double-dipping’ and earning both a pension and also doing their old job part time. But others will go into whole new fields.

This is a part of the wave that is undefined and even exciting. I think you are going to see an increase in ‘creatives’ who are going to be 55+ in age. Older social media influencers, and artists, and producers of creative content. You’ll see novelists whose first best seller was written after the author turned 60. You’ll see short, clever, high quality filmmaking and storytelling. You’ll see new companies going viral with first-time CEO’s and entrepreneurs who are also senior citizens.

When Gen X retires they are going to ‘hit different’. Then again they are a generation that seemed to define themselves as different all along. I’m excited to see how they hit retirement are redefine it in the coming years.