Volvo Cars is set to cut approximately 3,000 jobs, primarily affecting white-collar employees, as part of a significant restructuring plan. CEO Håkan Samuelsson aims to save $1.9 billion through ...

Artificial intelligence could wipe out half of all entry-level white-collar jobs and cause US unemployment to spike as high as 20%, according to the chief executive of a top AI company.

In an interview with Axios, Anthropic CEO Dario Amodei said that AI could "wipe out" as much as half of all entry-level white-collar jobs. Amodei, who runs the OpenAI competitor behind the ChatGPT ...

Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty ...

Axios framed Amodei’s economic prediction as a “white-collar bloodbath.” Even some AI optimists were put off by Amodei’s stark characterization. “Someone needs to remind the CEO that at ...

The first is that, Hayes argues, Trump’s true goal here is to “effectively end white collar prosecution and white collar crime as a category.” And the second is that all of this poses the ...

Dario Amodei, chief executive officer of artificial intelligence company Anthropic PBC, has warned in an interview that AI could eliminate up to half of all entry-level white-collar jobs within ...

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With certain exceptions such as careers in the financial sector or at major trading firms, white-collar jobs don't pay particularly well, and what's more, the once-common practice of so-called ...