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Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers

FortuneSaturday, July 5, 2025 at 6:35:22 PM
Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers
Ford CEO Jim Farley is sounding the alarm on AI’s impact on white-collar jobs, predicting it could eliminate half of them. But here’s the twist: while tech hiring has plummeted, industries like manufacturing, trades, and service roles—what Farley calls the "essential economy"—are desperate for workers. His blunt take? Maybe steering everyone toward tech jobs isn’t the smartest move when there’s a growing mismatch between skills and real-world demand.
Editor’s Note: This isn’t just another "AI will steal jobs" headline. Farley’s comments highlight a deeper imbalance—we’re over-indexing on tech while ignoring critical, hands-on jobs that keep society running. It’s a wake-up call for how we think about education, careers, and where the opportunities (and risks) actually lie in the future economy.
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