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AI Take-Off Phase Threatens Half of Entry-Level and White-Collar Jobs
- This week, Ford CEO Jim Farley cautioned that artificial intelligence could displace approximately 50% of white-collar jobs in the United States, while highlighting the resulting shifts in employment and increased demand for skilled trade workers.
- The heightened scrutiny around AI's impact follows major tech firms cutting 74,716 jobs from January to May amid economic uncertainty and a move to increase AI-driven efficiencies.
- Companies like Shopify now require managers to prove AI cannot accomplish tasks before approving new hires, reflecting a broader shift in hiring practices influenced by AI adoption.
- Anthropic CEO Dario Amodei warned that artificial intelligence may lead to the disappearance of up to 50% of entry-level white-collar positions, potentially driving U.S. unemployment rates as high as 20% within the next five years, and emphasized the importance of being transparent about these challenges.
- Executives and economists acknowledge AI will fundamentally reshape many jobs but also stress the need to prioritize worker wellbeing and new training to address workforce transitions ahead.
55 Articles
55 Articles
Prof Pate urges tertiary institutions to embrace AI to tackle unemployment – Daily Trust
The Vice Chancellor of the Federal University of Kashere (FUK), Professor Umaru Pate, has urged tertiary institutions in the country to embrace Artificial Intelligence (AI) in order to tackle unemployment and address poverty in the country. Speaking at the 6th, 7th, 8th and 9th combined Convocation Ceremony of the university, Pate explained that as AI is causing some jobs to disappear and creating new opportunities at the same time, it is only t…
Because of AI, many jobs will disappear, tax revenues will break away. That's why a Geneva professor is calling for new ways.
247wallst.com
ussanews.comCEO Jim Farley Says Ford’s Future Could Be Ruined
Ford (NYSE: F) CEO Jim Farley told an audience at the 2025 Aspen Ideas Festival, “We are in a global competition with China and it’s not just EVs and if we lose this we do not have a future at Ford.” He had been to China, driven its EVs, and looked at a standard they have set that is well above Ford’s. It is not the first time he has made a similar observation. Key Points China Can Make High Quality And Inexpensive EVs Ford Has Invested $30 B…
The impact of artificial intelligence on the labour market is still open, but it seems to some to be a pleasure to stir up fear of job loss.
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