2 days ago

Bernie Sanders and Bill Gates Warn AI Could Erase Jobs

Bernie Sanders and Bill Gates Warn AI Could Erase Jobs
Bernie Sanders Agrees With Bill Gates On AI: ‘We Must Act Before It’s Too Late’ · timesnownews.com

Bernie Sanders agrees with Bill Gates that artificial intelligence could change work in a major way.

Sanders says some jobs may disappear forever.

He believes entry-level and mid-level workers could face the biggest risks.

New jobs may be created, but they could require many years of training.

This could make it hard for people who lose their jobs to move into new ones.

Sanders compares the concern with the Great Depression, when unemployment in the United States reached about 25 percent.

He says AI’s effects might not be as severe, but they may not end when the economy improves.

He believes people should act before the problem becomes too large.

Key facts

Main concern
Artificial intelligence may cause many jobs to disappear permanently.
Most exposed jobs
Entry-level and mid-level positions.
New employment
New jobs are expected to mostly require skills that take many years to learn.
Historical comparison
U.S. unemployment was roughly 25 percent in 1933 during the Great Depression.
Economic recovery
Great Depression-era unemployment eventually improved as demand, investment, and growth returned.
Political significance
Concerns about AI’s employment effects are becoming part of political debate.

Quotes

Bernie Sanders

US senator commenting on the potential employment effects of artificial intelligence

“Many jobs will disappear forever. In 1933, during the Great Depression, unemployment in the United States was roughly 25 per cent. It remained in double digits for much of the following decade.”
timesnownews.com

Sources

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