#job-displacement

#job-displacement

Senators Josh Hawley (R-Mo.) and Mark Warner (D-Va.) have introduced new legislation aimed at increasing transparency around how artificial intelligence is reshaping the U.S. workforce. The proposal, known as the AI-Related Jobs Impact Clarity Act, would compel large companies and federal agencies to report AI-related job changes to the Labor Department on a quarterly basis. The bipartisan push signals broad concern about AI's effect on employment trends.

"I think I'm deeply uncomfortable with these decisions being made by a few companies, by a few people," Amodei told Anderson Cooper in a "60 Minutes" episode that aired Sunday. "Like who elected you and Sam Altman?" asked Anderson. "No one. Honestly, no one," Amodei replied.

What happened with AWS outage recently is only a brief foreshadow of what might eventually come to pass if this trend continues. Imagine a world where most programmers are primarily LLM prompters with a very shallow understanding of core programming skills or even operational skills pertaining to an app, framework or library. What will we do if a major outage or technical issue occurs then and no person around knows what's really going on?

His reward for going along with those demands, after being a faithful servant for 17 years at the edutech company? Getting replaced by a large language model, along with a couple dozen of his coworkers. That's, of course, after his boss reassured him that he wouldn't be replaced with AI. Deepening the bitter irony, Cantera - a researcher and historian - had actually grown pretty fond of the AI help, telling WaPo that it "was an incredible tool for me as a writer."

"The agricultural revolution unfolded over thousands of years. The industrial revolution took more than a century," the report reads. "Artificial labor could reshape the economy in less than a decade."

I love being able to bounce ideas off the AI like I do my other writer colleagues.

The debut of Meta's Vibes and OpenAI's Sora 2 has seemingly put a new type of worker in AI's path of destruction: Professional online creators. The new AI video feeds are fun, bizarre, uncanny, and suddenly very popular. Above all, they are social. They are meant to spark conversation, shares, likes, and engagement. And instead of the painstaking content creation process behind today's human-created video, their content is generated effortlessly via prompts.

Artificial intelligence is transforming not only the jobs people hold, but also the skills they rely on to do them. New data from LinkedIn shows that 85 percent of U.S. professionals could see at least a quarter of their skills affected by AI. In other words, a significant portion of workers' expertise may need to evolve to keep pace. As a reflection of this shift, the most in-demand skill over the past year, unsurprisingly, has been AI literacy.

In an episode of "The Diary of the CEO" podcast released on Thursday, the Bridgewater Associates founder called AI a "truly fantastic" tool to leverage, but one that will drive inequality. "There'll be a limited number of winners and a bunch of losers," he said. "It's going to create much greater polarity, which we're seeing through the system." It will lead to "the top one to 10% benefitting a lot. So that will be the dividing force," the billionaire added.

vocal and growing group of conservatives who are fundamentally suspicious of the benefits of technological innovation,

AI is dominating the economy and at the top of policy agendas. Ads for it are everywhere. Your favorite artist is probably experimenting with it. And as hundreds of billions of dollars get poured into the tech, it can feel like the whole world is holding its breath for when it somehow becomes superintelligent and magically ushers us into a utopic age.

Altman expressed optimism for Generation Z, stating, 'I would feel like the luckiest kid in all of history,' despite acknowledging potential job displacement from AI.

AI is the future - and we must stay ahead of the game by ensuring our students and workforce are prepared to lead the way. We are preparing tomorrow's innovators, today.

The unemployment rate for young people between 20 to 30 years old in the tech sector has increased by about 3% since the beginning of the year, according to Joseph Briggs, senior global economist of Goldman Sachs' research division.