Corporate leaders are sounding the alarm about the potential disruption caused by artificial intelligence (AI) on white-collar jobs. The Wall Street Journal reports that CEOs like Ford’s Jim Farley believe AI could replace up to half of all white-collar workers in the US, a stark shift from the more cautious views expressed in the past.
Industry leaders at JPMorgan, Amazon, Anthropic, and Shopify have echoed similar sentiments, predicting workforce reductions, role consolidations, and the need for professionals to adapt. However, not everyone agrees on the timeline or severity of these changes.
Some, like Fiverr CEO Micha Kaufman, view this as an opportunity for a “wake-up call” for professionals across various fields. While many tech companies are reassessing their hiring plans, others are asking teams to take on new projects without expanding staff.
Not all executives agree, with some downplaying the immediate impact of large-scale job losses and others suggesting that AI may shift – rather than eliminate – jobs. The debate highlights the need for professionals to be prepared for a rapidly changing workforce landscape.
Source: https://www.businessreport.com/article/corporate-leaders-are-now-talking-more-openly-about-ai-and-potential-job-cuts