K-Shaped Economy: AI Threatens White-Collar Employment — Chris Riegel — Riegel reports that Black Fridayretail activity generated high shopper traffic, though aggregate spending totals remain unclear pending complete data aggregation. Riegel warns of inte

K-Shaped Economy: AI Threatens White-Collar Employment — Chris Riegel — Riegel reports that Black Fridayretail activity generated high shopper traffic, though aggregate spending totals remain unclear pending complete data aggregation. Riegel warns of intensifying "K-shaped economy" dynamics wherein artificial intelligence systematically threatens white-collar professional employment and wage stability traditionally shielded from automation. Riegelhighlights China's deepening economic crisis, including manufacturing downturns, declining industrial utilization, and desperate but ineffective economic pivot toward Russian markets and domestic pharmaceutical production substitution.
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