There is no "remedy". The reason I focus on 25% unemployment is because a great depression will impact everyone. A 50% unemployment, we have never seen before. At this point, IMHO it is too late to try and "prepare". The people who will be the last to be fired have already been chosen. But suppose you still have a job after 50% have been laid off, do you have any idea what it will be like to commute to work? What it will be like to leave your wife and children at home? There is only one logical way to respond and that is to turn to the Lord Jesus, savior of the world.
AI will eliminate jobs and bring in a civil war
Isaiah 19:1 The burden of Egypt.
In the Bible Egypt is likened to the world's economy. It is dominated by one major river, and rivers signify commerce. One of their major industries was horses, and in the commercial world transportation is a major driver to the economy. Also they use slave labor to build treasure cities. Think of the great cities of the world, NYC, London and Hong Kong are all banking capitals of the world.
Behold, the Lord rideth upon a swift cloud, and shall come into Egypt: and the idols of Egypt shall be moved at his presence, and the heart of Egypt shall melt in the midst of it.
The idols are "moved" and "Melt". Go to Wall Street and their idol is the bull market, if you have a bull market melt it is a good picture of it petering out. The economy "moves" when some major new innovation comes along like the PC, or the Internet, or the steam engine. Today that major new innovation is Artificial Intelligence and Robots.
2 And I will set the Egyptians against the Egyptians: and they shall fight every one against his brother, and every one against his neighbour; city against city, and kingdom against kingdom.
This is a civil war. We had a civil war in the US when the economy was "moved" and we had machines that could do the jobs of slaves in the south and so the North wanted the slaves for their factories. The economy moved on a much smaller scale when the internet came along as people moved to "silicon valley" and other centers of high tech. AI will be far more disruptive than that.
3 And the spirit of Egypt shall fail in the midst thereof; and I will destroy the counsel thereof: and they shall seek to the idols, and to the charmers, and to them that have familiar spirits, and to the wizards.
The council this time has been that this time is no different than previous times. People thought the PC would put people out of business or the internet would or the industrial revolution would. Jobs changed but no one lost their job. However, they are ignoring the Civil War, yes, this time is going to rhyme with the Civil war, only instead of people who pick cotton to make white collars losing their jobs it will be those who wear the white collars who lose their jobs.
4 And the Egyptians will I give over into the hand of a cruel lord; and a fierce king shall rule over them, saith the Lord, the Lord of hosts.
It is called the Beast Empire. Look at how easily Amazon.com fires people, or IBM, or Intel, or Meta, or Google. This is a hint at how cruel this lord will be. It will be a simple return on investment analysis, they won't care about your years of service, instead all they care about is what kind of return can you give for your salary compared to the cost of AI and robots.
5 And the waters shall fail from the sea, and the river shall be wasted and dried up.
It will be a great depression which is like a drought to an agricultural community or over fishing to a fishing community.
6 And they shall turn the rivers far away; and the brooks of defence shall be emptied and dried up: the reeds and flags shall wither. 7 The paper reeds by the brooks, by the mouth of the brooks, and every thing sown by the brooks, shall wither, be driven away, and be no more.
We have major multinational corporations, they are the river and the sea, they will dry up and fail. But then there are much smaller businesses which have contracts with these large multinationals, those contracts will dry up and fail. Also, in addition to multinational corporations we have government contracts. Imagine if the US, China, Japan, Russia, Iran and Pakistan were to all go bankrupt.
8 The fishers also shall mourn, and all they that cast angle into the brooks shall lament, and they that spread nets upon the waters shall languish. 9 Moreover they that work in fine flax, and they that weave networks, shall be confounded.
There are two kinds of industries here. Think of all the people making six figure salaries and million dollar bonuses as big fish in the sea. These people will support other industries like car salesmen, realtors, shopping malls, etc. Those are your fishermen. Then there are others who take the cotton grown on big farms and make fine clothes with them. You could be a private contractor, those jobs also will dry up.
10 And they shall be broken in the purposes thereof, all that make sluices and ponds for fish.
Then of course you have schools of fish. The way you build up a fishing industry is you take the small hatchlings and keep them in safe little ponds where you feed them. All the schools will also fail. Right now AI is smarter than any graduate student. So why should a kid go to college or graduate school? JHS and HS kids can use AI today and don't need 4, 6 or 8 years more of education. So yes, colleges are about to go broke.