The SEC just lowered barriers to day-trading, which Dylan Vergara predicts will flood sales jobs with desperate, broke ex-traders looking to recover losses. He lost thousands day-trading in college and sees this coming wave as potential competition, though sales remains one of the few fields AI hasn't disrupted yet.
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Breaking news for salespeople. The SEC just basically said, hey, anybody can gamble their money day trading now. So sales jobs are going to get a little bit more competitive because once these people go and lose all their money, they're going to have their back against the wall and need to make it back. When I tried to day trade in college, the only thing that stopped me from losing my money faster was the fact that I can only make so many trades per week. And I did eventually lose a lot of money and I learned my lesson. Now anybody can learn that lesson faster and end up in sales. Low barrier to entry. Make a lot of money fast, no school needed. AI hasn't replaced it yet. Is this good news or bad news for us? I mean, I run a business in this space. I think it's good news for us, but you guys let me know, man. I think, I think there's going to be some more salespeople soon.