Part 3/13:
Amade cautioned that AI’s disruptive potential is not just a future threat but a near-term reality, with job markets already on the brink of significant transformation. He warned that upwards of 20% of jobs—particularly those in the entry-level and white-collar sectors—could vanish entirely due to automation. His estimate of overall unemployment could reach as high as 10-20%, a figure comparable to the hardship of the Great Depression.
The Predictors of a Disrupted Workforce
Multiple industry leaders have echoed similar fears:
- Jim Farley, CEO of Ford, predicts that AI could eliminate half of all white-collar jobs in the U.S., underlining the broad scope of potential unemployment.