ElevenLabs is thinking big. Just six months after tripling its valuation to $3.3 billion following a $180 million raise, the London-based AI voice startup revealed Thursday that itβs planning an initial public offering (IPO) within five years as it pushes [β¦]
Ford CEO Jim Farley joined the group of executives warning about mass job displacement.
Ker Robertson/Getty Images
The CEO of Ford warned that AI could eliminate half of white-collar jobs.
He emphasized the importance of skilled trades amid a slowdown in tech hiring.
Some CEOs have sounded the AI alarm, while others are more skeptical of mass job displacement.
Jim Farley, the CEO of Ford, pumped the brakes on opting for an office job in the AI era.
Speaking at the Aspen Ideas Festival on June 27 about what he coined the "essential economy," Farley reflected on his own family's journey. His grandfather, he said, was an orphan in Michigan and built a career at Ford from his early days as an hourly employee.
"Look around the room," he said in his opening remarks. "At some point, almost all of your families came from these kinds of jobs."
Farley warned, though, that the American education system focuses on four-year degrees instead of the trades, while hiring at tech firms is falling rapidly.
"Artificial intelligence is going to replace literally half of all white-collar workers in the US," Farley said. That's why, he said, more people are looking to the skilled trades. Representatives for Ford did not immediately respond to BI's request for comment.
Farley isn't the only executive sounding the alarm.
Anthropic CEO Dario Amodei said in May that AI could eliminate half of entry-level office jobs within five years. Companies and governments, Amodei said, should stop "sugarcoating" the risks of widespread job replacement in fields including technology, finance, law, and consulting.
Other leaders have a different view. Cognizant CEO Ravi Kumar told BI that he thinks AI will create more jobs for college graduates, particularly when it comes to human labor. Jensen Huang, the CEO of Nvidia, also disagreed with Amodei's warning, and said AI will change everyone's job but could also crate creative opportunities.
White-collar job postings dropped 12.7% over the year in the first quarter, compared to a 11.6% dip for blue-collar jobs. The tech industry in particular has slowed down hiring. Big Tech firms' hiring of new grads fell around 50% from before the pandemic, according to venture capital firm SignalFire. Some of that has to do with AI, the report said.
We've lived in our house for 30 years and have no plans of moving out any time soon.
Our friends are downsizing, but emotions play a big part in our not leaving our 3,500 square foot house.
There are memories in every corner of this place.
After 30 years, we're not ready to leave our 1970s home, even though it has stairs and no walk-in shower.
Among my friends my age β I'm 67 β downsizing is a major topic at social gatherings. The focus is always on finances and logistics, not the deep feelings that the decision reveals.
Emotions play a big part in why, for now, we're staying in this too-big, too-out-of-date, difficult-to-manage two-level 3,500-square-foot home despite many reasons to go and fewer to stay.
We've put so much work into it
My husband of 40 years and I have upgraded and replaced many things. Our upper level has oak plank floors, and we ripped the kitchen to the studs, put in a long peninsula, and increased cabinet space. We upgraded all the interior doors, replaced the concrete driveway, and improved the drainage. We've added a new roof and refurbished a concrete patio. We've added tiles to the bathroom floors and repainted multiple times. And except for the ubiquitous ancient refrigerator in the basement, we've upgraded with good appliances as needed.
Courtesy of the author
But we don't necessarily love everything we've done throughout the years. The oak planks throughout the upper level are narrow, having been put in years ago, and the trend is wider planks. The remodeled kitchen, chic in 2011, has dark cabinets that are not in vogue.
It's an expensive house
At our price point and on our retirement income, it doesn't make sense to replace wooden floors or upgrade a kitchen that costs more than we'll ever get back.
A costly team cares for our lawn. A landscaper cares for the garden beds, and early every Monday, a team of mowers wakes us up. Another person hauls away branches after our frequent Midwestern storms. A man with a lift and a crew takes down the big trees, about 15 in 30 years. A company fertilizes the acre-sized lot and treats it for moles.
Courtesy of the author
One Mother's Day, my husband looked out the kitchen window and said, "You are not the only mother on the property today," spotting Mr. and Mrs. Ground Hog and their four babies. We hired "The Critter Roper," who gently removed them from our property.
We hired the varmint guy to build a structure to protect our foundation, one of those expenses that cost a pretty penny and are not as exciting as a new car or TV. Our foundation has been safe from varmints ever since.
But we have reasons to stay
All that said, we are comfortable in our home. While the decorative style might be called Eclectic Grammy, each room has relics of past travel, copies of famous paintings, and originals by artist friends. We are surrounded by books everywhere (my husband is a retired librarian), and I can't bear to part with one book yet.
We each have an office, and my husband, who runs an online antiques business, keeps inventory in our basement and yard barn.
I love my yellow-and-white striped wallpapered office and large L-shaped desk. Diverse items hang on the walls β a huge picture of Eleanore Roosevelt, an "I Love Lucy" Vitameatavegamin clock, posters of Baryshnikov, my mother's 1955 Indiana University diploma, a picture my son drew in first grade of "The Cat in the Hat," and a poster of El Greco's "Toledo," the exact spot where my husband and I stood.
My most precious books are on a rough-hewn bookshelf my Dad built when I moved into my first apartment, arm's length away from my comfortable office chair.
From my office, I see West Lake, the canopy of trees in our yard, and lilac bushes that recently bloomed. Three bird feeders hang off the deck rail, awaiting the imminent arrival of the Rose-breasted grosbeaks on their way back to Canada.
I'm not ready to give these things up. My husband, who couldn't run his business from a smaller space, isn't ready to stop his business.
I hear kids in my mind, despite it being empty now
The house is quiet now, but I still love being here despite its too-small rooms and the lack of a linen closet.
In my mind, I hear the noise of children's pool parties and the clatter of my son's quick, child footsteps on the stairs, although he left for college in 2008 and lives on the East Coast.
My maternal grandfather was a real estate agent and always told me, that owning a home is an emotional investment. That statement sticks with me now as my husband and I contemplate when to downsize.
For now, I'm happy to stay in our home on its lovely tree-filled lot, which offers comfort and familiarity, rich memories, and seasonal beauty.
Charlize Theron added a dramatic scene to "The Old Guard 2" during reshoots.
The scene highlights the complex relationship between her character, Andy, and Quα»³nh, played by Veronica NgΓ΄.
"The Old Guard 2" is currently available on Netflix.
Though "The Old Guard" franchise is filled with exciting action sequences, it also has some serious moments, and one of the most dramatic in "The Old Guard 2" was imagined by its star, Charlize Theron.
When immortal warrior Andy (Theron) learns that her friend from centuries ago, Quα»³nh (Veronica NgΓ΄), is actually alive, Andy is beside herself. She has felt guilty all this time that she could never locate her friend. And, to make things worse, Quα»³nh has teamed up with the evil immortal, Discourse (Uma Thurman).
In one scene, soon after learning Quα»³nh is alive, Andy has a memory from back in medieval times. In one of her darkest moments, she almost strangles to death a man who seems to have done nothing wrong to her until Quα»³nh tells her, "This is not who you are."
Charlize Theron in "The Old Guard 2."
Netflix
This dramatic moment is relevant towards the end of the movie when Quα»³nh has her own dark moment. After an all-out battle between Andy's team and Discourse at a nuclear plant, Andy comes across Quα»³nh as she's about to blow up the facility. In that moment, Quα»³nh says to Andy, "Is this when you tell me that this isn't who I am?"
"That was all Charlize," "The Old Guard 2" director Victoria Mahoney told Business Insider, revealing that Theron came up with the sequences when they did reshoots on the movie.
"It was to give the audience another view of who these two were in time and what they've meant to each other," she continued. "It wasn't just fighting side by side but pulling each other from the dark side."
Veronica NgΓ΄ in "The Old Guard 2."
Netflix
Mahoney said they were able to buildout the Andy/Quα»³nh relationship thanks to the groundwork laid out in the first movie.
"My job was to grow all these wonderful aspects of what had already been planted," she said. "How to honor them, celebrate them, and then expand."
She also hopes that delving deeper into their relationship will make the audience think about the Andy and Quα»³nh in their own lives.
"Going to your darkest self, many people can relate to that," Mahoney said. "And that makes them think of the person in their lives who says, 'That's not you.'"
Our trip took us through beautiful parts of Slovenia, from Lake Bled to Piran.
Chantelle Kincy
After seeing a stunning aerial shot of Lake Bled on "The Amazing Race," I booked a trip to Slovenia.
I spent 2 weeks driving through Slovenia, visiting beautiful towns, hiking alpine gorges, and more.
The country's kind locals, diverse landscapes, and peaceful charm made it my top travel destination.
My husband and I were halfway through an episode of CBS's "The Amazing Race" when a brief aerial shot of a glittering alpine lake stopped us cold.
The water shimmered in a perfect shade of blue, a tiny island church sat at its center, and towering green mountains framed the scene like a painting. We looked at each other and said, "Let's go there."
The destination? Lake Bled in Slovenia, a country I couldn't have placed on a map at the time. Within weeks, we'd booked the trip.
I thought this would be a one-off adventure to a pretty spot we'd seen on TV. I had no idea Slovenia would become my favorite travel destination.
We based parts of our trip on 'The Amazing Race' episode
We found Lake Bohinj to be quiet and rugged.
Chantelle Kincy
Although there's an airport in Slovenia's capital city, Ljubljana, we opted to fly into Vienna instead, then take the train into Ljubljana, just like competitors did on "The Amazing Race."
The ride through the countryside was cinematic, with rolling hills, dense forests, and snowy mountains in the distance.
We then rented a car and spent two weeks tracing the show's route, filling in the gaps with places that caught our attention along the way.
From there, we drove to Lake Bled, where the island church and emerald water looked just as magical in person as they did on our screens.
Lake Bled looked absolutely beautifl in real life.
Chantelle Kincy
The nearby Lake Bohinj, quieter and more rugged, felt like a local secret.
We hiked through Vintgar Gorge, where wooden walkways hugged the cliffs over rushing water, and explored the medieval clifftop Predjama Castle, which looks like it was carved straight into the rock.
In the SoΔa Valley, we based ourselves in the mountain town of Bovec.
The SoΔa River shimmered in surreal shades of blue, and we spent hours walking along its banks, dipping our toes in, and soaking up the mountain air.
The SoΔa River looked vibrant and gorgeous.
Chantelle Kincy
We hiked through Tolmin Gorge, crossed hanging bridges, and attempted to paraglide, though the weather didn't cooperate.
Before heading home, we detoured to explore the Ε kocjan Caves, a jaw-dropping underground world with echoing caverns and waterfalls thundering in the dark.
We then ended our trip on the coast in Piran, a tiny seaside town where cars aren't allowed in the historic center.
Piran felt so peaceful.
Chantelle Kincy
We wandered narrow alleyways, climbed to the city walls, and watched the sun dip into the Adriatic while church bells echoed in the distance.
The locals we encountered were so friendly, too
We felt so welcome in Slovenia.
Chantelle Kincy
As beautiful as Slovenia is, the people left the most profound impression.
When I got sick mid-trip, my husband drove to a nearby village to find a pharmacy. The pharmacist didn't speak much English, and my husband spoke no Slovenian aside from "hello" and "thank you," but she still managed to get him everything I needed β and even sent him off with well wishes for me.
Later, we hired a boat captain for a sunset cruise, and he went so far above and beyond that he offered to drive us to the train station the next morning. He still checks in with us to this day.
That level of kindness wasn't the exception β it was the norm. People we encountered everywhere we went in Slovenia seemed patient, welcoming, and eager to help us enjoy their country.
They helped us learn small bits of Slovenian, provided us with suggestions and ideas on how to spend our afternoons, took the time to chat with us, and never made us feel like unwanted tourists.
Now, Slovenia is my favorite travel destination
Slovenia is one of my favorite places I've ever visited.
Chantelle Kincy
Slovenia wasn't on my radar before that random episode of "The Amazing Race," but now it's the first place I recommend to anyone looking for something special.
It gave us adventure, peace, stunning scenery, and meaningful connections, all without the crowds or chaos of more popular European spots.
But more than anything, it just felt good to be there. Slovenia reminded me that sometimes the best trips aren't the ones we plan for months, they're the ones that start with a single, unexpected moment that makes you say, "Let's go."
Samsung might have a foldable launch on the horizon, but that doesnβt mean a new leak canβt have us looking forward to whatβs next for its non-folding flagships.