Part 7/15:
Beyond physical jobs, white-collar roles—lawyers, developers, accountants—are rapidly being eroded by AI. The decline of the labor share in income, now down from around 56% fifty years ago to just over 52%, signals a fundamental restructuring. Simultaneously, less than 70% of prime-age men participate in the workforce, with many opting out or unable to find meaningful employment, further weakening the social contract that ties work to dignity and prosperity.