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Story summary
- Ford Motor Company Chief Executive Officer James Farley warns of a looming U.S. labor crisis, citing $12 trillion in GDP and shortages of 600,000 factory workers and 500,000 construction workers.
- Farley warns AI could displace many white-collar jobs, worsening the shortfall.
- Goldman Sachs says 500,000 AI-infrastructure jobs are needed, with a shortfall in energy apprentices.
- Both call for investment in vocational education and apprenticeships to close the gap.
