Blackstone Exec Predicts 40k AI Blue-Collar Jobs

Jon Gray, Blackstone President, said AI boom will spur massive blue‑collar hiring as asset managers pour billions into data‑center infrastructure.
QTS, backed by Blackstone, expects 40,000 site workers by year‑end, up from 10,000 a year earlier, per Milken Institute panel.
Gray warned the boom will focus on the U.S. middle region and continue over the next five years, reshaping many jobs.
Boston Consulting Group reports AI could cut up to 15% of jobs in five years, though many roles will be transformed.