Financial workers’ careers are not directly affected very much by populist prejudice because 1) they provide a useful service and ultimately people pay for services and 2) they are employed by financial firms who do not share that prejudice. Likewise in short timeline worlds AI companies are probably providing a lot of services to the world, allowing them to pay high compensation, and AI engineers would have little reason to want to work elsewhere. So even if they are broadly disliked (which I doubt) they could still have very lucrative careers.
Obviously its a different story if antipathy towards the financial sector gets large enough to lead to a communist takeover.
I believe the scale of unemployment could be much higher. E.g. 5% ->15% unemployment in 3 years.
During the financial crisis U-3 rose from 5% to 10% over about 2 years, suggesting on this metric at least you should think it is at least comparable (2.5%/year vs 3.3%/year).
Financial workers’ careers are not directly affected very much by populist prejudice because 1) they provide a useful service and ultimately people pay for services and 2) they are employed by financial firms who do not share that prejudice. Likewise in short timeline worlds AI companies are probably providing a lot of services to the world, allowing them to pay high compensation, and AI engineers would have little reason to want to work elsewhere. So even if they are broadly disliked (which I doubt) they could still have very lucrative careers.
Obviously its a different story if antipathy towards the financial sector gets large enough to lead to a communist takeover.
During the financial crisis U-3 rose from 5% to 10% over about 2 years, suggesting on this metric at least you should think it is at least comparable (2.5%/year vs 3.3%/year).