US Edition"AI Will Leave a Lot of White-Collar People Behind" - Ford CEO Latest to Claim AI Will Wipe Out Millions of Jobs
- Ford CEO Jim Farley cautioned at the Aspen Ideas Festival that artificial intelligence could displace up to 50% of white-collar jobs in the United States.
- This warning reflects broader concern as major companies shift spending from hiring new employees to investing in AI software, suppressing hiring in some sectors.
- Executives from Amazon, Microsoft, IBM, and others report AI-driven workforce reductions and efficiency gains, though direct evidence of widespread human obsolescence remains limited.
- AI's impact is complex: while some roles shrink or vanish, others will grow, especially skilled trades and technical jobs, as the economy adapts with new workforce needs.
- These developments suggest AI will substantially reshape job markets, requiring policy attention to protect workers and adapt training for evolving employment demands.
24 Articles
24 Articles
CEOs Say AI Is Poised to Wipe Out an Astonishing Number of Jobs
Billionaire tech moguls aren't the only ones doomsaying about artificial intelligence layoffs. CEOs across a range of industries are now jumping on the bandwagon, saying it's no longer a matter of "if," but "how many" jobs AI will take. A recent survey by the Wall Street Journal explored just how pervasive the automation idea is throughout a number of industries, and execs aren't pulling any punches. For example, CEO of Ford Motor Company Jim Fa…
David Author, professor at MIT, warns that generation AI will not eliminate jobs, but it could depreciate the value of certain human skills, as happened with typists.
derwesten.de
Artificial intelligence (AI) is fundamentally changing the labour market. Amazon and Ford expect massive job losses.
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