For three years, everyone from Goldman, to Richmond Fed President Thomas Barkin, to tech CEOs have been forecasting mass unemployment due to AI wiping out jobs - which would only be accelerated by the proliferation of cheap(er) Chinese models. Ford Motor CEO Jim Farley said last year that AI would replace "literally half of all white-collar workers in the U.S."
And while that may only be a matter of time, tech CEOs have changed their tune - albeit while facing public pitchforks over data centers, the cost of electricity, and their own forecasts of workforce doom.
OpenAI CEO Sam Altman"Our industry underestimated how much we’re going to be able to keep people at the center of everything," OpenAI CEO Sam Altman said earlier this year. In May he told CNBC "We’ve been roughly right on technological predictions and pretty wrong on the social and economic implications."
Last year, Anthropic CEO Dario Amodei warned that AI could eliminate half of entry-level jobs. Now, however, Amodei has changed his tune - suggesting that AI can maximize productivity, the WSJ reports. "They c
