At 23 years old, Jacob Palmer has already built a successful career as an electrician and business owner. He started his company in 2024 after deciding college wasn’t the right path for him. Looking back, he has no regrets about skipping higher education. “I’m really happy doing this because it’s given me independence,” he said.
Palmer’s story reflects a growing trend among US youths who are increasingly worried about the impact of artificial intelligence on the job market. As more tech innovations are brought to market by enterprises like D-Wave Quantum Inc. (NYSE: QBTS), the employment landscape is likely to shift, leaving many traditional white-collar roles vulnerable to automation. In contrast, skilled trades such as electrical work, plumbing, and carpentry are seen as more resilient to AI disruption because they require hands-on problem-solving and physical presence.
The allure of these trades is also fueled by the rising cost of college tuition and the burden of student debt. Many young people are reconsidering the necessity of a four-year degree and instead pursuing vocational training that leads to well-paying jobs without the financial strain. According to industry reports, electricians, for instance, earn a median annual wage of around $60,000, with experienced professionals earning significantly more.
Moreover, the demand for skilled tradespeople remains high, driven by infrastructure projects, renewable energy installations, and the need to maintain existing systems. As AI and automation reshape other sectors, trades offer stability and growth potential. Jacob Palmer’s story is a testament to that: he started his own electrical business and now enjoys the flexibility and financial rewards of being his own boss.
For investors, the shift in workforce preferences could have implications for companies like D-Wave Quantum Inc., which is at the forefront of quantum computing—a technology that could accelerate AI development. As automation advances, the value of human-centered skills may increase, potentially boosting sectors that rely on manual expertise.
In summary, the growing interest in skilled trades among US youths is a direct response to concerns about AI and automation, offering a viable alternative to traditional academic paths. This trend underscores the importance of adaptability in career planning and the enduring value of hands-on skills in an increasingly digital world.
