For many years, the rule of thumb was that working hard will guarantee some level of success. But according to Wall Street veteran Jamie Dimon, for the generations now entering the workforce hard graft alone won’t cut it. In a world increasingly shaped by artificial intelligence successful individuals will have to be armed with the tools needed in specific sectors.
By 2025, this had dropped to 97.4, meaning the average American family trying to buy their first home doesn’t have the income to qualify for a mortgage on a median-priced home.
Dimon said that AI and coding are areas where “we know we need the skills,” adding speedy industry training courses also present paths to secure employment: “And it works, those things work. We just have to get people to invest in them.”
Second was solar photovoltaic installers with a growth rate of 48% and annual pay of a little under $49,000—again, no degree required.
While the billions being invested into AI have pushed up valuations courtesy of promised efficiencies and streamlining, Huang points out that it will also have real-world impacts when it comes to building data centers and the wider infrastructure needed to support the shift.
