It’s no secret that the job landscape has changed dramatically over the past few years. Between the integration of AI and the subsequent mass layoffs that have happened, Mark Cuban has more bad news for working-class America.
Related: Mel Robbins Wants You to Upload Your Financial Documents to AI— Here’s Why That’s a Terrible Idea
Jobs in America
According to a report by J&Y Law, there have been 1.2 million layoffs from January 2025 until now with more on the way. As inflation continues to batter the American public, job losses at this critical time have been especially difficult.
There isn’t much hope on the horizon of an upsurge in job creation either, even as the youngest Boomers continue to retire. Many industries that once employed thousands are disappearing. Cuban recently released a list of areas he believes will either continue to see job losses or be eliminated altogether.
Here’s his full list:
- Companies that fail to integrate AI
- Legacy media
- Traditional accounting and bookkeeping
- Retail without AI or a unique experience
- Generic middle management roles
- Legacy marketing that doesn’t integrate data science
- Customer service call centers
- Standard manufacturing assembly lines
Related: Legendary ‘Taxi Driver’ Writer Makes Bizarre Claim He Had an ‘AI Girlfriend’: ‘What a Disappointment’
How You Can Beat The Odds
Seeing the business mogul list your current occupation can feel daunting, but there are steps you can take to help protect yourself and your future employment. Cuban’s assessment is based heavily on AI integration being necessary for businesses and therefore employees to stay fruitful. He notes that, much like when the internet was introduced, refusing the adopt new technology can leave you behind.
How to guard against job loss:
- Acquire new skills
- Change industries
- Start your own business
- Start a side hustle now
- Move
Learning new skills in AI can help keep you relevant in your own field, but you can also change industries if you don’t want to adopt the unstable tech. If you’re young enough, going into a trade like plumbing, car maintenance and repair, and electrical may be a good move.
You may also want to start your own business or buy into an already profitable one. The quiet millionaires of today own parking garages, laundromats, vending machines, and parking lots. These will always be in demand and are surprisingly profitable.
A small side hustle can give you extra cash to save or invest, while moving to an area that needs your skills may be a viable option.
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It’s true that every industry will change as new technology is adopted. If you get ahead of it now, you can protect yourself against future layoffs and job insecurity.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
