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All claims

AI removes entry-level white-collar roles first (Brynjolfsson: ~13% relative employment decline for ages 22-25 in the most AI-exposed occupations since late 2022; Goldman: ~-16k jobs/month net), severing the wage/payroll-tax pipeline that replenishes both the consumer base and federal revenues — feeding directly back into the fiscal arithmetic (C-01) and breaking the C-04 productivity AND consumer-revenue bull cases simultaneously.

medium confidencestructural

as of June 8, 2026

What would prove us wrong

No age-cohort employment bifurcation on replication
Trigger: no significant 22-25 vs 30+ differential in AI-exposed occupations
Payroll-tax revenue tracks baseline
Trigger: within 3% of CBO baseline FY2026-27

Posture implications

  • accumulateaugmentative AI tooling for senior workers (MSFT Copilot enterprise)
  • avoidentry-level staffing (MAN
  • avoidKFY)
  • avoidMag 7 ad-revenue names on a 3-5yr lag (META
  • avoidGOOGL)