CEOs Warn AI Threatens Millions of White-Collar Jobs in US

Artificial intelligence is rapidly transforming the white-collar workforce, with CEOs and industry leaders warning of significant job losses, particularly among middle managers. Reports highlight a trend called the "Great Flattening," where companies like Microsoft, Amazon, Google, and Meta are reducing managerial roles, partly to reinvest savings into AI technologies. Experts predict that AI could eliminate up to 20-50% of white-collar jobs, accelerating unemployment in sectors previously considered secure. Meanwhile, major tech companies face internal challenges adapting to AI advancements; Apple is undergoing a major executive reshuffle amid concerns about its AI strategy and product innovation, with CEO Tim Cook expected to remain but with no immediate successor identified. Intel is also confronting difficulties in the AI race, experiencing massive layoffs and a decline in global rankings, signaling a critical juncture comparable to the "Blackberry moment." These developments underscore the profound impact of AI on both employment structures and corporate leadership in the technology industry.