Hey there, tech lovers! Today, we’re diving into the intriguing world of AI and its impact on jobs—it’s like a competitive game out there, with CEOs throwing bold predictions left and right.

In late May, Dario Amodei, CEO of Anthropic, warned that half of entry-level jobs might disappear within five years due to AI, potentially pushing US unemployment up to 20%. Many others are echoing this sentiment, turning job fears into a kind of showdown among top executives.

For instance, at JPMorgan’s investor day in May, Marianne Lake claimed AI could reduce their workforce by 10%. Amazon’s Andy Jassy also warned of a smaller team ahead because of this technological shift, calling it a “once-in-a-lifetime” event. ThredUp’s CEO added that AI might wipe out more jobs than most people realize.

Ford’s Jim Farley took it further, saying AI may replace half of all white-collar workers in the US. These stark predictions mark a shift from earlier caution, signaling that major changes are approaching, whether we’re ready or not.