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Ford Motor CEO: White collar jobs at risk from AI Login/Join 
Baroque Bloke
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posted
“In a terrifying admission that signals a seismic change in corporate America, the CEO of one of the biggest carmakers in the US has broken cover to admit the devastating effects AI will have on the workforce.

While some execs have attempted vague assurances for American workers, Ford Motor CEO Jim Farley has predicted the rise of AI will take a sledgehammer to jobs.

'Artificial intelligence is going to replace literally half of all white-collar workers in the U.S.,' Farley told author Walter Isaacson at the Aspen Ideas Festival last week.

'AI will leave a lot of white-collar people behind.' 

Bosses have been cautious about publicly admitting the reality of how many jobs could be cut from their companies as a result of AI.

That tide appears to be turning however, and Farley's comments are among the most transparent. …”

DailyMail article:
https://mol.im/a/14872217



Serious about crackers.
 
Posts: 10301 | Location: San Diego | Registered: July 26, 2014Reply With QuoteReport This Post
safe & sound
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quote:
Ford Motor CEO Jim Farley has predicted the rise of AI will take a sledgehammer to jobs.


I'm not the CEO of a fortune company, but I've been predicting this for years.

Think of all of the things that humans do that will be replaced by computers and/or robots.

Here we come!



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Posts: 16094 | Location: St. Charles, MO, USA | Registered: September 22, 2003Reply With QuoteReport This Post
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quote:
data entry and processing, telemarketing, customer service, scheduling and manufacturing assembly lines.

No shit...this has been a known factor for the last 10-years, the crux has been how mature is AI programing, the ease of use for the platform and the cost to implement it.
Most menial tasks can be handled by AI/robotics to be overseen by a single-person, the up-front set-up costs usually scare off most business owners.
 
Posts: 15576 | Location: Wine Country | Registered: September 20, 2000Reply With QuoteReport This Post
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Business can always choose to retain human workers instead of switching to AI. Less profit but better for the economy, if half the workforce is unemployed who is going to be able to afford to buy your products?
 
Posts: 1953 | Location: USA | Registered: December 11, 2005Reply With QuoteReport This Post
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Well a college education costing tens of thousands of dollars is pure stupid compared to AI. We all knew this was coming but higher education which is purely self serving said no worries. Just one more example of the lies perpetrated by College elites.
 
Posts: 410 | Location: NE Kansas | Registered: March 28, 2009Reply With QuoteReport This Post
Just because you can,
doesn't mean you should
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The job market will change and people that can change will still have jobs.
Many tradesmen, plumbers, electricians, auto mechanics, won't be replaced by AI but they can use the technology to become more efficient.

The countries that have existed on low wage assembly line jobs are in for a wake up call and won't have that labor cost advantage anymore.
Many of those industries may come back to the US but the jobs themselves might not as there will be a robot in their place.


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Posts: 10358 | Location: NE GA | Registered: August 22, 2002Reply With QuoteReport This Post
Baroque Bloke
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^^^^^^^
quote:
The countries that have existed on low wage assembly line jobs are in for a wake up call and won't have that labor cost advantage anymore.
Many of those industries may come back to the US but the jobs themselves might not as there will be a robot in their place.


Excellent points.



Serious about crackers.
 
Posts: 10301 | Location: San Diego | Registered: July 26, 2014Reply With QuoteReport This Post
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How long will it be until the robots are taxed like the humans they replaced?


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Posts: 14079 | Registered: January 17, 2011Reply With QuoteReport This Post
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quote:
Originally posted by wcb6092:
How long will it be until the robots businesses are taxed like the humans they replaced?
 
Posts: 7651 | Registered: May 12, 2004Reply With QuoteReport This Post
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Fair point that those who can and will adjust will still have jobs. My lifelong experience (45 years) tells me 50% of those jobs were charity to. BEgin with. Let’s take this moment and change that.
 
Posts: 410 | Location: NE Kansas | Registered: March 28, 2009Reply With QuoteReport This Post
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quote:
Originally posted by wcb6092:
How long will it be until the robots are taxed like the humans they replaced?


Robbie the Robot is already asking for tips when he brings you your food at the Mikey D’s drive thru or the counter; and it’s an automated 18% too.


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Posts: 3001 | Location: Falls of the Ohio River, Kain-tuk-e | Registered: January 13, 2005Reply With QuoteReport This Post
Political Cynic
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And he is just realizing this now?
 
Posts: 54563 | Location: Tucson Arizona | Registered: January 16, 2002Reply With QuoteReport This Post
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And based on latest surveys and statistics, 90 percent of US university students are using AI/Chatgpt for their assignments and to cheat, probably be better to just use AI to begin with.

Need to go back to Viva Voce (oral exams) like they use in other countries. Or like a promotion board in the military. I have met some people with degrees that have just blown my mind how they even graduated High School.
 
Posts: 4169 | Location: FL, GA,HB, and all points beyond | Registered: February 10, 2010Reply With QuoteReport This Post
The Ice Cream Man
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An amazing amount of tasks are “read data from one box, find the box it needs to go into, and enter it there.”

Those tasks are going away.

If that’s how someone really spent their day, welcome to freedom/time to move to value creation.

It’s just freeing people from mundane tasks. No different than the power saw, etc.

As for the degenerates who use AI to do all of their classwork, I’m guessing they are the same crowd which has been high since they were 12. They are dead weight, anyway, unless some of the brain damage reversal research pans out. (Seems to work in alcohol altered brains in mice.)
 
Posts: 6402 | Location: Republic of Ice Cream, Low Country, SC. | Registered: May 24, 2007Reply With QuoteReport This Post
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Science fiction, a documentary of the future, has been predicting this for more than 100 years. AI will be the perfect example of the faster it goes, the faster it goes. Hundreds of millions of humans will not have jobs. Doesn’t matter whether they want to work or not. Elon Musk will be like a gorilla that can use sign language. The machines will be doing everything. Won’t be long before there will be robots to take care of the robots. Then we won’t even be needed to oil the computer gears. Hopefully Colossus, or Skynet will find something for us to do. Everything will have to be free, or maybe some kind of barter system. If you can’t get a job, you can’t make money.
Hopefully AI will be benevolent and we will be able to concentrate on art, writing books, music, tending our gardens, or maybe there will be fleets of Enterprise class starships and we’ll roam the galaxies looking for intelligent life.
 
Posts: 3341 | Location: NE Kansas | Registered: February 24, 2007Reply With QuoteReport This Post
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Maybe AI can learn to code?

Seriously, when they pitted AI to play chess with an Atari 2600, it was an absolute slaughter.

The Atari 2600 won every single time.

They changed the interface between the two thinking the AI couldn't read the board correctly.

Same thing. AI got a hard core 8-bit ass kicking.

I don't think that AI will be able to do what I do.



 
Posts: 9880 | Location: Somewhere looking for ammo that nobody has at a place I haven't been to for a pistol I couldn't live without... | Registered: December 02, 2014Reply With QuoteReport This Post
Left-Handed,
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Most AI's are human language models that have been "taught" with data from a lot of publications.

They are not logical or analytical models.

I can see a medical AI system that has been fed millions of symptoms, tests, diagnoses, treatment plans, and outcomes do better than most doctors. I don't think it would replace doctors but it would be an aid to them, possibly used by nurse practitioners or PA's to do most of the work, with the doctor overseeing things.

Lots of marketing, public relations, and HR jobs could be done with AI I think.

Lots of purely procedural jobs - taking info from one system and entering it into another - such as running an inventory report in one system, and then manually entering purchase orders into another system should already be automated using traditional methods, but often are not. This inefficiency in legacy companies is one reason K-Mart and Sears died while Wal Mart thrives with it's much more highly integrated systems.

Accounting and Finance I don't know.

Engineering would need more logical and analytical AI systems.
 
Posts: 5228 | Location: Indiana | Registered: December 28, 2004Reply With QuoteReport This Post
Left-Handed,
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And also consider this:

Desktop software has allowed all office workers to create spreadsheets, presentations, and other documents and share/present them virtually. Has this reduced the amount of time it takes to make such materials and make decisions based on the information?

Not really. Now we have to make many more iterations, do more scenarios, and what have you at management request, while making them prettier with animations and transitions and other non-content fluff.

AI will now be an input, or perhaps create some of the materials, but then management will ask for many more scenarios to be evaluated via AI.

This is a similar effect as CAD and 3D modeling vs. hand drawings. Because we can do more iterations easily, we do. Because we can do redesigns more easily, we do. But overall products don't come to market any faster.
 
Posts: 5228 | Location: Indiana | Registered: December 28, 2004Reply With QuoteReport This Post
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