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A guy who's built companies for 25 years just went on Diary of a CEO and said plumbers will earn more than lawyers within the next 2 years.
Sounds insane.
But the numbers actually back it up:
Last week alone, $280 BILLION was wiped off the value of legal and data companies. Thomson Reuters crashed. LegalZoom got hammered. The entire knowledge economy felt the shockwave in real time.
Why?
Because AI just proved it can do what a $500/hour lawyer does for $20 a month.
Daniel Priestley went on the show and explained how he recently had a legal case that was quoted at $60,000 by a law firm. Instead of paying, his team used Claude.
The AI gave them a full coaching session on how to handle the case, mapped out multiple decision tree pathways, generated every document they needed, and even built a spreadsheet breaking down exactly what to say and what not to say in the negotiation.
Total cost: $20 a month.
They resolved the case without a lawyer.
Now multiply that by every business in the world that's paying legal fees they no longer need to pay. The entire financial model of knowledge work is collapsing in real time.
Meanwhile, ask yourself this:
Can AI fix your toilet?
Can it rewire your house? Lay your foundation? Replace your roof?
It can't. And it won't be able to for decades.
Here's where the supply and demand crisis gets ugly...
Governments spent 20 years pushing every young person into university. Get a degree or you'll never get a job.
So an entire generation that should've become plumbers, electricians, and builders went and got master's degrees in subjects nobody was hiring for. They came out with $60-80K in debt and ZERO marketable skills.
That created a massive shortage of tradespeople. And now AI is about to flood the market with unemployed knowledge workers while the demand for people who work with their hands explodes.
The math is simple:
Too many lawyers, not enough plumbers. AI makes the lawyer surplus worse every single month.
Priestley called this the most important economic shift of our LIFETIME.
For 30 years, blue collar work has been devalued. Everyone wanted to sit behind a screen. White collar was the "smart" path.
That era just ended.
The pendulum is swinging back hard. And the people who positioned themselves in physical, hands-on work that AI cannot touch are about to be the highest earners in the economy.
For anyone building a business right now, the lesson is clear:
Stop chasing what's "prestigious." Chase what's SCARCE.
AI can write your contracts, build your website, run your ads, and draft your emails. But it cannot show up to your client's office, shake their hand, and solve a physical problem.
The winners of the next decade won't be the most technically skilled.
They'll be the ones who bet on what machines can't do.
WOW.
This woman says that over the next six years, the US Department of Defense is looking for 600,000 welders & electricians just to maintain our military equipment.
That’s not including what is needed to make new equipment.
This is a matter of national security:
The construction industry had 264,000 job openings on the last day of February, according to an Associated Builders and Contractors analysis of data from the US Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey @ABCNational@BLS_gov#JOLTS
https://t.co/bW21xR2VeH
There has been a labor shortage in the #construction industry for the past few years and according to an @ABCNational analysis of #data, as of the last day of January, there were 236,000 job openings.
Discover more insights from the report! ⤵️
https://t.co/zAgW9Okwnq
Elon Musk: Electricians and plumbers are a lot more important than incremental political science majors.
“I have a lot of respect for people who work with their hands.
We need electricians, plumbers, and carpenters. That's a lot more important than having incremental political science majors.
We should not have this idea that to be successful you need to have a four-year college. That is simply not true.”
Harrisburg, Pennsylvania, October 19, 2024
“ABC and its federal contractor members are ecstatic that the judicial system has delivered justice for American taxpayers and the 90% of the U.S. construction industry workforce that is nonunion."
https://t.co/2TBPVb3ITD
#ABCMeritShopProud
Elon Musk: Let the builders of America build!
“I said I'd be happy to help improve the government efficiency, which I think is sorely needed.
We've got a gigantic government bureaucracy. We've got overregulation.
You've got agencies that have overlapping responsibilities.
There's something like 450 federal government agencies, almost two per year since America was founded. So, we're just creating new agencies all the time.
And it's getting to the point where basically everything's illegal. You just can't get anything done.
These become real costs to people. They're hidden costs, but they're very substantial.
It's very hard to build new housing if you're burdened with massive requirements that don't make any sense. It drives up the housing cost, it slows down new housing starts.
We need to let the builders of America build.”
Interview with Tucker Carlson, November 5, 2024
Elon Musk: Electricians and plumbers are a lot more important than incremental political science majors.
“I have a lot of respect for people who work with their hands.
We need electricians, plumbers, and carpenters. That's a lot more important than having incremental political science majors.
We should not have this idea that to be successful you need to have a four-year college. That is simply not true.”
Harrisburg, Pennsylvania, October 19, 2024
Recruiting and retaining a great team is a key has been particularly challenging for construction businesses in recent years. One often overlooked strategy in attracting and keeping the right people is developing and communicating company values. https://t.co/l9esBL57Vo
Mile Rowe: Gen Z “will be the next tool belt generation”
“The evidence demands a verdict”
“These kids are looking around and they’re seeing $94K a year at Tufts.
They’re seeing a $52 billion endowment at Harvard.”
“They’re saying: Why do I want to start a career in a major I haven’t even declared yet, and go that far into debt to pursue a job that probably doesn’t even exist?”
From Fox News
Of all the bad ideas before Congress, The PRO Act is among the most odious. If it passes, 70,000,000 independent contractors across the country will lose their independent status. And thousands of small businesses that can’t hire full time employees will be forced to close.