For years, AI industry watchers of all stripes have been warning of a coming jobs apocalypse driven by ultra-intelligent AI systems that will be able to replicate most human tasks more cheaply. Now, newly updated research from Stanford University economists suggests AI seems to be causing significant entry-level job losses for younger workers in some fields, even as older workers appear largely unaffected so far.

The August 2026 edition of "Canaries in the Coal Mine? Six Facts about the Recent Employment Effects of Artificial Intelligence" updates and revises a paper of the same name published last year with fresh data and refined statistics. In that update, the Stanford researchers find the employment trends they identified for entry-level workers last year are persisting and expanding. Specifically, employment levels for workers ages 22 to 25 in the most "AI-exposed" occupations are now 19 percent below those of their peers in fields less exposed to AI disruption.

Last year, that gap measured just 13 percent.

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Talk of the affordability crisis may be penetrating corporate boardrooms. Hot on the heels of the name and starting price for Ford's new affordable electric truck, news leaked today that the sub-$30,000 Fathom isn't the only cheap Ford in the works. According to a report at Automotive News, the automaker is working on a new entry-level crossover that will start at around $25,000, although don't expect it in showrooms until 2029.

The leak is courtesy of an unnamed Ford dealer, which, together with its peers, was shown an early prototype described as resembling a first-gen Ford Escape. The crossover is said to have both hybrid and unelectrified powertrain options, and Automotive News notes that several sources have told it that Ford will assemble a hybrid crossover at its Hermosillo plant in Mexico in 2029, alongside the Bronco Sport and Maverick.

Additionally, Ford apparently showed off a four-door Mustang, which Automotive News compares to the Porsche Panamera in terms of size and styling, albeit with a sub-$40,000 price tag (making it almost a third the price of the cheapest Panamera). And a third nugget of news—the universal electric vehicle platform that will build the Fathom will result in four other electric Ford models as well.

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