#worker-displacement

[ follow ]
#ai-bubble #economic-growth #market-competition #macroeconomic-risk #ai-workforce-training #tax-credit
Artificial intelligence
fromFortune
5 days ago

AI will hurt the economy before it helps it. Here's what comes after, according to Nobel laureate Joseph Stiglitz | Fortune

AI investment currently drives economic growth but rests on unsustainable assumptions about returns and limited competition, creating a bubble that will burst and harm workers lacking institutional support for displacement.
fromNextgov.com
3 weeks ago

Tech bills of the week: AI training tax breaks; modernizing agriculture with emerging tech, and more

Introduced on Friday, Feb. 13 by Reps. Josh Gottheimer, D-N.J., and Mike Lawler, R-N.Y., the AI Workforce Training Act would modify the Internal Revenue Code of 1986 to support tax credits for companies providing AI training to employees equal to 30% of the qualified expense with a limit of $2,500 per employee. Eligible expenses are listed as accredited courses, workshops, certificate programs and in-house instruction covering areas like data literacy, machine learning fundamentals, prompt engineering, AI ethics education and more.
US politics
[ Load more ]