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    The White Collar Revolution by @ttunguz

    Venture Capitalist at Theory

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    2 minute read / Nov 6, 2024 /

    The White Collar Revolution

    The major areas of AI innovation automate white-collar work. Reviewing the BLS’ data on employment for white collar work, I aggregated the data to these categories.

    It’s striking that most of them already have a significant number of AI startups pursuing their ambitions to change workflows.

    Occupation Employment (in millions) AI Technology
    Software Developers & IT 2.71 Code completion, generation, refactoring, security analysis
    Education & Librarians 2.37 Computer adaptive instruction & testing
    Engineers 1.73 AI CAD, construction, permitting
    Accountants & Auditors 1.38 Automated book closing & reconciliation ; document ingestion
    Life, Physical, & Social Science Occupations 1.22 AI radiology, drug discovery, research analysis
    Finance 1.13 Public & private company diligence, compliance analysis
    Marketing & PR 0.9 Ad creative production, AI design, customer lifecycle at scale
    Management Analysts 0.88 Powerpoint creation, data analysis
    Lawyers 0.8 Paralegal automation, opinion & demand letter drafting
    Human Resources Specialists 0.73
    Medical & Health Services Managers 0.49
    Sales Managers 0.4 Automated sales coaching, AI sales development
    Architects, Surveyors, & Cartographers 0.28

    Software engineers were the first to benefit with Copilot. Today, there’s a panoply of different kinds of AI software for developers, including test generation, code refactoring, code generation, & security analysis.

    Within education, The promise of computer adaptive testing and an individualized tutor and the style of Alexander the Great & Aristotle is possible.,

    Automated document ingestion & reconciliation for closing books is changing accounting. AI powered financial due diligence rips through public filings, private placement memoranda, & compliance automation.

    Legaltech has surged automating demand letters for personal injury, writing briefs for attorneys, & chomping away paralegal work.

    We could keep iterating through the list. But if a founder wanted a list of jobs to automate, the BLS’ white collar jobs boards is a wonderful place to start. AI will change these workflows & capture a meaningful fraction of the labor spend.

    It’s a roadmap for the White Collar Revolution.


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