
Ford CEO Jim Farley 'agrees' with Amazon CEO Andy Jassy's workforce predictions: "AI will leave a lot of white-collar people..."
Jim Farley
has become the latest Fortune 500 executive to publicly warn that artificial intelligence will eliminate millions of
white-collar jobs
across America. Speaking at the Aspen Ideas Festival, Farley predicted that "artificial intelligence is going to replace literally half of all white-collar workers in the US" and that "AI will leave a lot of white-collar people behind."
Farley emphasized the growing disconnect between technological advancement and workforce preparation, noting that "we have to acknowledge that these new technologies are great" but questioned "what are we going to do as a society for the people that it leaves behind that are valuable humans?"
The Ford CEO's stark warning joins a growing chorus of major corporate leaders who are abandoning previous cautious language about AI's job impact.
Amazon CEO Andy Jassy
told employees in June to expect
corporate workforce reductions
due to "once-in-a-lifetime" AI technology, while Anthropic CEO Dario Amodei predicted half of entry-level jobs could disappear within five years, potentially driving unemployment to 10-20%.
CEOs drop the sugarcoating, warns mass layoffs could be coming soon
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Secure Your Child's Future with Strong English Fluency
Planet Spark
Learn More
Undo
The shift represents a dramatic change from executives' previous tendency to hedge when discussing AI's employment impact. JPMorgan Chase CEO Marianne Lake told investors the bank's operations headcount could fall 10% due to AI tools, while Shopify CEO Tobi Lütke has halted hiring unless managers can prove AI cannot perform the job.
Fiverr CEO Micha Kaufman warned his staff that AI threatens all white-collar roles, from programmers to lawyers, writing "AI is coming for you." ThredUp CEO James Reinhart believes AI "will destroy way more jobs than the average person thinks."
Not every CEO have job apocalypse warnings
Not all tech executives share these dire predictions. OpenAI COO Brad Lightcap told podcasters he hasn't seen evidence of wholesale entry-level job replacement, while Nvidia CEO Jensen Huang dismissed widespread displacement warnings as "overly alarmist." However, the growing consensus among major CEOs suggests significant white-collar job disruption may be inevitable as AI capabilities rapidly advance.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
41 minutes ago
- Time of India
Vizag to get AI-powered traffic system, facial recognition for policing
Visakhapatnam: Greater Visakhapatnam Municipal Corporation (GVMC) commissioner Ketan Garg emphasized the critical role of artificial intelligence (AI) in streamlining traffic management across the city. He made the remarks during a review meeting with additional deputy commissioner of police (traffic) Ramaraju and other traffic officials. Garg said plans are underway to implement AI-based road traffic management systems to efficiently handle traffic in the city. "For this purpose, reputed software companies from across the country have been invited. Companies such as Metafusion and NEC from Noida, Data Corp from Bengaluru, CMS Computers from Mumbai, and Brihaspati Technologies from Hyderabad have come forward and initiated pilot projects in Visakhapatnam. These companies gave their presentations at the collectorate in the presence of the Vizag MP M Sribharat, district collector MN Harendhira Prasad, city police commissioner Shankha Brata Bagchi, among others," said Garg. The commissioner explained that through this AI-based traffic system, violations such as over-speeding, riding without a helmet, jumping red signals, illegal parking, and travelling in the wrong direction can be automatically detected, with traffic challans issued accordingly. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo He also mentioned the introduction of a new facial recognition technology in the city. "This technology will help identify individuals with criminal backgrounds or those under suspicion in real time as they move around the city. This information will be relayed to the relevant police station via the command control centre. Signal synchronisation will be implemented at traffic junctions across the city to reduce congestion. Based on traffic density, the signal system will operate dynamically. These innovations are being introduced to alleviate traffic-related issues for the people of the city," added the GVMC commissioner.


Time of India
an hour ago
- Time of India
Tax the rich, but who's rich? Zohran Mamdani's allies call for equality while sitting on millions; reveal disclosures
Liz Krueger (left), Zohran Mamdani (Hans Pennink, AP) Several lawmakers in Albany who describe themselves as socialists and progressives have access to considerable financial resources, despite advocating for policies centered on economic equality and wealth redistribution. Their well-funded positions highlight a growing presence of resource-rich progressive voices in New York politics. State Senator Liz Krueger, who advocated for 'rent control for the rich' while claiming to support the middle class, holds nearly $24 million in investments, based on newly released 2024 financial disclosure statements. It's unlikely that the progressive politician's $142,000 annual salary as a state senator, a position she has held since 2002, is the sole source of her substantial wealth. Krueger's father, Harvey, served as CEO of an investment bank that later merged with Lehman Brothers, where he went on to become vice chairman. The Ridgewood native, who once suggested New York should leave the 'land of the free' and join Canada after President Trump's election, may be even wealthier than reported, as state lawmakers aren't required to disclose assets held in family-established trusts. Krueger, 67, who resides on Manhattan's upper east side with her husband, a retired CUNY professor, holds a diverse portfolio of stocks and bonds, including nearly $8 million in Apple shares, according to the disclosures. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 혈관 뻥~ 뚫는 ''이것.' 끈적,, 콜레스테롤 완벽배출! "혈관 관리" 하나로도 충분하네요! 피로개선 끝판왕 더 알아보기 Undo Another progressive lawmaker, Lieutenant Governor Antonio Delgado, has nearly $1.1 million across various bank accounts. According to the filings, his wife, Lacey Schwartz Delgado, is an Emmy-nominated filmmaker and serves on multiple film boards. Delgado, sometimes referred to as 'No Show Delgado' due to his reported absence from work on numerous occasions while serving as Governor Hochul's $220,000-a-year deputy, is now seeking to succeed her. Meanwhile, socialist State Senator Jabari Brisport, an ally of mayoral candidate Zohran Mamdani in Albany, previously joined AOC in criticizing capitalism. He sold his holdings in the cryptocurrency Ethereum last year to invest up to $250,000 in a 'US Vegan Climate ETF.' Whereas some other disclosures revealed, Assemblymember Phara Souffrant Forrest, balances her role representing Brooklyn with a $50,000 part-time job as a registered nurse. According to her disclosure, she worked at Jacobi Medical Center in the Bronx last year. Emily Gallagher, the Brooklyn assemblywoman known for her anti-car stance and multiple traffic tickets, revealed a new job for her husband. After short periods working at a Greenpoint arts supply store and a wine shop, Andrew Ward Lundwall is now employed at a Williamsburg cannabis shop handling inventory.


Time of India
an hour ago
- Time of India
Oriental Trimex to divest land assets, granite unit
Marble processor and importer Oriental Trimex on Saturday said it plans to divest land assets and a small granite unit in Odisha to reduce expenses and streamline operations. According to a business update shared on stock exchanges, the Odisha-based company said it plans to divest seven acres of land in the Somnathpur Industrial Estate, Balasore, and a small granite unit in the Rairangpur Industrial Area in Mayurbhanj district of the state. "This decisive action will streamline our operations, reduce recurring expenses, and enhance liquidity for more focused investments," it said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Farmer Finds Diamond Ring. When He Shows It To His Wife, She Says, 'I Want A Divorce' Plays Star Undo The company also said that it is poised to commence quarry operations at Black Granite mine this quarter and anticipate initiating commercial production shortly thereafter. The company received an official mining lease from the Odisha government for the Black Granite quarry in May this year. The lease encompasses 4.961 hectares in the village of Potteru in Malkangiri District. Oriental Trimex also announced deployment of a "smart cut" machine with an ultra-thin wire which, it said, will help reduce waste by 20 per cent, optimise yields and bolster profit margins. Live Events On demand scenario, the company informed that the rising trend of luxury apartment developments by prominent builders in the National Capital Region has created a vibrant market for its products, including high-quality imported marbles, indigenous granites, and marble-design vitrified tiles.