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Patrick Boyle On Finance

AI and the Death of the Career Ladder

Patrick Boyle On Finance

Patrick Boyle

Business, Investing

4.9308 Ratings

🗓️ 1 December 2025

⏱️ 24 minutes

🧾️ Download transcript

Summary

For decades, a university degree was the golden ticket to a stable career and upward mobility. That promise is breaking down. Graduate unemployment is rising, entry-level jobs are disappearing, and automation is hollowing out the first rung of the corporate ladder.


Patrick's Books:

Statistics For The Trading Floor: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://amzn.to/3eerLA0⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Derivatives For The Trading Floor: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://amzn.to/3cjsyPF⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Corporate Finance: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://amzn.to/3fn3rvC ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠


Ways To Support The Channel:

Patreon: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.patreon.com/PatrickBoyleOnFinance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle




Transcript

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0:00.0

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0:04.6

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0:13.6

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0:23.2

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0:25.7

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0:27.9

slash visit Scotland.

0:30.7

Hey there, it's your big McDonald's hunger calling.

0:33.5

And it's not just any kind of hunger.

0:35.0

It's the kind that calls for big arch.

0:37.1

Start with juicy beef, cherry cheese and big arch sauce.

0:40.4

Oh, and don't forget those crispy onions.

0:42.7

Hungry?

0:43.4

You are now.

0:46.8

Saved from 11am, subject to availability.

0:48.8

Price and participation may vary.

0:50.5

For decades, a clear promise defined the aspirations of young adults worldwide.

0:55.8

If you went to university, even if you accumulated some debt, you got a ticket to the middle

1:01.1

class. That ticket guaranteed a white collar job and a salary premium over non-graduates.

1:07.7

It also paved the way to home ownership. That promise has been broken. The

1:13.1

golden ticket turned out to just be a coupon for 10% off the student loan. We're witnessing a rare

...

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