Comment by trod1234
To put this in perspective.
This generally speaking accounts for somewhere between 60-70% of all the jobs out there in the US right now, those jobs called white collar jobs.
For the sake of argument, let me ask you these questions, and upon you answering, I think the answers will become clear and the majority will understand that we are in a crisis where no one is responding because our politicians are asleep at the wheel, our communications have been compromised, and people individually having been paralyzed unable to respond in unity to even save themselves. The politicians are front-of-line blocking to extract value from their positions.
> Is there anywhere that can absorb 60-70% of the jobs in an economy? That is a much simpler to answer question, no there are not.
People have finite time, they must exchange that time for money to buy food. This under austrian and other economics is called capital formation, though its usually referred to the excess above and beyond what we use individually; AI forces time labor value to 0, destroying this. There are limits to exchange where exchange will not happen (Adam Smith). The neglect towards this limitation follows a standard Demand vs. Need misconception that most people have. Demand includes only those that have the resources to make a successful equitable exchange. Need includes all the people who do not. The two are not the same. What do you do with the people who need food but lack ability either physically, or mentally? Not all people are capable of work in all areas. If there is nothing to trade, without food they die. You also don't have children without sufficient resources, and the population dies from aging out too.
> Is there any way to discriminate and know upfront who is skilled and competent, and who is not?
There are costs that any business must exceed in profit, but even more importantly, there are costs that are borne by those seeking employment unpaid, that are finite. What happens when they can't differentiate between legitimate employers and dead drop shredders that lead you on (ghost positions/candidates). This is a communication channel that becomes jammed. Is there any way to exceed Shannon's Limit on noisy channels? No.
There is currently no way to differentiate a signal so you get the same action in communications networks as you get with RNA interference in cellular networks. Matches don't happen, and the effective pool shrinks with the best/brightest/competent moving to areas that are not disrupted (brain drain).
> Is there any way in a sequential pipeline structure (career development) when nothing goes in, for something to come out?
What happens to professions where there is no economic benefit to specializing into that skill set?
You have to invest first upfront with no return; who will choose to do that with a guaranteed loss baked into the choice. What happens to Chemists, Engineers, Doctors, Researchers... the professions needed to sustain our current society.
> When production is disrupted, what happens under systems based in money printing (deficit spending).
Generally speaking, you get inflation to the point of helicopter money. Simultaneously the firm unable to compete against an unconstrained money-printer will go out of business, sieving the money and resources into fewer hands, right up until a critical point where the less money in circulation forces deflation. When growth can no longer move forward, you get a huge crash. When that money printing continued for 3 generations, and you equally have a generation incapable of going back because the knowledge and experience based on the principles that underpinned everything was lost and not passed on.
With no path forward, no medium of exchange, no production is possible, and this is what is called in some circles, Socio-economic collapse.
Without modern supply chains, we can't produce the food to feed ourselves at current population levels. The process of extraction of resources destroyed the natural sustaining flows (Catton). Globally, the planet may only sustain 2Bn people in total following such a die off, assuming MAD doesn't make the environment uninhabitable.
The people who became wealthy will die off during that phase change, because they became wealthy through parasitism, and the inherent value of things largely disappear when you have no one whom you can trade with.
The only people who may have a shot of surviving are the ones who prepared ahead of time (potentially breaking laws that are intended to disarm and make helpless). Basically those who can both ruthlessly defend their resources, and produce everything they need independently from scratch.
I don't know a single person today that can do this in its entirety. Even for the basics, you rely on material dependencies processed with high-tech processes, procedures, and professions; that individuals largely cannot do themselves. The details matter, where many single points of failure (SPOFs) means there's a high likelihood you don't survive. This is the structural problem with centralization.