Ford Motor Chief Executive Jim Farley stated in an interview at the Aspen Ideas Festival that artificial intelligence (AI) is expected to replace half of all white-collar workers in the United States. This marks a shift among top executives, including leaders from JPMorgan Chase and Amazon, who are now openly acknowledging the potential for AI to cause substantial job reductions in white-collar sectors. Farley emphasized that AI will leave many white-collar employees behind and highlighted the lack of current solutions to address the asymmetric impact AI will have on the labor market. Industry surveys indicate that AI is increasingly used in managerial decisions, with about 65% of U.S. managers employing AI at work and 94% relying on it for promotions and firings. Other AI industry leaders, such as Anthropic's CEO, have predicted unemployment rates between 10% and 20% due to AI automation. The evolving narrative from CEOs reflects growing concern about AI's transformative effects on employment, while some analysts suggest AI may amplify human ingenuity rather than fully replace jobs.