- Entry
- $607.77
- Final
- $716.07 +17.8%
- Target
- —
- Score
- +1.00
The short version is this: I think people have the order backwards. This AI wave does not hit the bottom of the income ladder first. It hits higher income white collar work first. Software engineers, accountants, analysts, lawyers, and a lot of other people whose salaries are supporting big mortgages, car loans, and a huge amount of consumer spending. That is why I do not think this is just a labor story. If that income starts getting pressured at scale, …
— ORIGINAL POST ·
I wrote a full thesis on why AI hits white collar jobs first and credit markets next. Here’s my position.
· r/wallstreetbets
· Mar 10, 2026