New post: The Managed Decline

Morgan Stanley reports that Britain is losing more jobs to AI than any other major economy. The response has been predictable: warnings about mass unemployment, calls for retraining, vague gestures toward moral duty.

None of this engages the actual question. Why is Britain so exposed?

The answer is not technological. It is historical. Fifty years of policy choices produced an economy dependent on precisely the service work that large language models can automate. The destruction of manufacturing. The credential (university degree) compromise offered to the middle class. The promise that knowledge work would be safe.

That promise is now being revoked.

Read the full piece on what comes after the service economy. The answer may be: nothing.