In late May, Dario Amodei, the CEO of Anthropic, sounded a cautionary note, warning that advancements in AI technology could result in the disappearance of half of entry-level jobs within the next five years. This dire prediction suggests a potential surge in US unemployment rates, potentially reaching as high as 20%. However, Jensen Huang, the CEO of Nvidia, holds a differing opinion on this matter. While Amodei is not the sole voice raising this concern, his forecast has garnered significant attention and sparked widespread debate. In response, Amodei advocates for the establishment of universal transparency standards in AI development. This, he believes, would enable the public and policymakers to gain a comprehensive understanding of AI models' capabilities and associated risks, thereby allowing them to prepare adequately in advance.