Curated and analyzed by the JobGoneToAI team. Original reporting by peoplesworld.org.
U.S. Faces Potential Loss of 100 Million Jobs Due to AI Advancements
— peoplesworld.org
Key Takeaway
The U.S. is projected to lose 100 million jobs over the next decade due to the rapid advancement of artificial intelligence and robotics, according to warnings from the AFL-CIO and Senator Bernie Sanders. This job displacement could exacerbate economic inequality and lead to a mental health crisis among affected workers.
From the Original Report
PALO ALTO, Calif.—The U.S. faces “a tsunami of lost jobs”—100 million over the next decade—to the rapid development of artificial intelligence and robotics taking over a wide range of occupations, ranging from accounting to fast food, the AFL-CIO, Sen. Bernie Sanders, Ind.-Vt., and other members of the Senate Labor Committee warn.
And the potential damage includes further undermining of democracy, Sanders told a crowd at Stanford University in Palo Alto, Calif., as multibillionaires such as Elon Musk and Jeff Bezos use AI to seize and perpetuate control of the political system and infrastructure.
Sanders, the former chair and now top minority member on the Senate Labor Committee, drew on a report the committee’s minority staff recently researched and assembled with the cooperation of the AFL-CIO. He also warned that the U.S.
is woefully unprepared for a job market revolution, which is moving at 10 times the speed and 10 times the breadth of the Industrial Revolution. That fast track could not only make millions of workers obsolete, with no alternative jobs to turn to because AI has replaced them all, but also provide a bleak outlook for today’s graduates, the mostly
This is an excerpt. Read the full article at peoplesworld.org.
Original Source
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