The real new threat isn't a permanent underclass but the dissolution of the middle class

max_paperclips · x · 2026-10-20

Quoting Craig Weiss's point that "most people are not psychologically ready for the possibility of a permanent underclass," the author argues a permanent underclass has always existed — what's new is the dissolution of the middle class and the collapse of the meritocracy fiction that says people can move freely between classes. A notable thread in the AI-driven jobs discourse.

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