Cutting out the intermediary.
AKA obsoleted, buggy whipped middlemen.
Remember the article a couple days ago that companies are no longer hiring college grads? In the video below, at 1:19:15 is the chart.
Chamath at 1:25:00 says in a 2-minute soliloquy, that the first place AI disintermediates will be middle management.
AI agents are taking over the responsibilities of these high salary, cush positions.
Macroeconomic tie in: Mark Pincus recommends aspiring workers get jobs as journeymen product management/development.
Watch til 1:34. They discuss the effects of AI on traditional University.
What will these now obsolete white collar types do?
Personal economics tie in, for me, is choosing an investment that captures the disintermediation event.
I own PLTR.
Need not apply.
ralph