Ford's CEO Warns Half of White-Collar Workers Will Lose Jobs to AI, Shares Rise Despite Grim Projections

Ford's CEO, Jim Farley, predicts AI will replace half of all white-collar workers in the US. Investors seem pleased, sending shares up despite grim projections. Farley's predictions align with those of Amazon and JPMorgan Chase. Ford also lost a head-to-head battle with General Motors' Corvette in a recent sports car race. Wall Street analysts have a Hold consensus rating on Ford stock.