Fresh grads will be fine regardless. You're okay to start over from scratch at 25. 42 on the other hand is tough
I feel for the mid-career people with families to support. Can't imagine how stressful that would be
I feel for the mid-career people with families to support. Can't imagine how stressful that would be
Of course labor jobs will always exist, and a 25 year old would (on average) be much more physically able for that than someone older, so it goes both ways.
A mortgage: if you were assuming a strong income that would continue, you very likely could be forced to sell your house and take a huge loss
A family, kids: people relying on you
Time: at this point you have retirement plans and financial deadlines you need to hit if it's to ever become a reality
God forbid you have any health issues that cost $$$ which tend to come as you age. Can you afford to lose health insurance?
If you think about re-skilling and starting off at entry level.. people don't really want to hire older beginners.
Of course that's absolute worst case scenario, but I guarantee there are a lot of people there.
I'd 100% choose living out of my car for a while. In your 20s you can upend everything and completely reinvent yourself. Time, minimal responsibilities and energy are priceless
> could pivot to business and people-oriented roles by leveraging what they have now
There's a reason that's really vague, right? Because who knows if it'll be available
I don't think AI is gunna reach this point but who knows. It's not off the table