Ford CEO Jim Farley emphasized at the Aspen Ideas Festival that while AI and technological advancements are transforming productivity for white-collar jobs, essential workers in factories and trades are being overlooked. Many of these crucial roles, such as HVAC installers and electricians, see declining productivity, and there are millions of job openings that remain unfilled. Farley argued for greater government investment in vocational training and pointed out that automation will augment but not completely replace the demand for human labor in essential jobs.
AI, battery plants-they all seem exciting, but they all need HVAC installers, they all need electricians. They need welders... What happens if you have to defend yourself-is Google going to make the tanks? To be totally frank, we've forgotten a lot about that.
We can't ignore it. So far, maybe 10% of our operations can be roboticized. With the humanoid robot, maybe it's 20%. But it's not going to be 80%.
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