AI is already taking white-collar jobs, and it's likely just the beginning

Workforce Reduction & Automation - Business executives in banking, auto, tech, and retail sectors anticipate workforce reductions due to AI [1] - Ford CEO aims to replace 50% of white-collar workers with AI [1] - Salesforce claims AI is handling up to 50% of the company's workload [2] - Goldman Sachs estimates AI could lead to 6-7% job losses among US workers [3] - Entry-level hiring in AI-exposed jobs has decreased by 13% [3] Cost Efficiency & Reinvestment - Companies are automating tasks to create meaningful efficiency and reinvest in business growth [2] Conflicting Reports & Industry Consensus - Yale Budget Lab indicates no discernible job disruption from AI [4] - New York Fed reports only 1% of service firms laid off workers due to AI in the last 6 months [4] - Tech industry leaders like Amazon, Palantir, and Salesforce agree AI and automation will shrink workforces [5]