For the back half of the 20th century (what Fortune founder Henry Luce called “The American Century”), MBA and law degree programs were a ticket to a great office job and a path to the American Dream. The 21st century is asking the question: What happens when all those office jobs get automated?..
And now it’s $80 an hour or more to hire a plumber. This is a bad deal no matter how you slice it.
And the commenter above is correct. If AI could do these jobs, so could cheap labor overseas. So the $80 an hour plumber is much more likely than the outsourcing that resulted in the destruction of Detroit as. manufacturing hub.