For the back half of the 20th century (what Fortune founder Henry Luce called “The American Century”), MBA and law degree programs were a ticket to a great office job and a path to the American Dream. The 21st century is asking the question: What happens when all those office jobs get automated?..
And then white collar employees will be out of jobs, because they couldn’t do their jobs without a computer. Maybe that’s what he meant.
and it will create a cascading effect, no new graduates into the industry since they would be discouraged from the field altogether or even enroll in a college.