Bernie Sanders Warns AI Could Eliminate More Than 100M Jobs

Nearly 100 million jobs could be wiped out by AI over the next decade, a new report by Senate Democrats has revealed. The report, from the Senate Health, Education, Labor and Pensions Committee, uses a ChatGPT-based analysis to project that “artificial labor” will reshape the economy, devastating both white- and blue-collar professions. It estimates that 89 percent of fast food jobs, 64 percent of accounting roles, and 47 percent of trucking positions are at risk of automation. Sen. Bernie Sanders, who headed the report, said on Monday that “artificial intelligence and robotics being developed by these multi-billionaires today will allow corporate America to wipe out tens of millions of decent-paying jobs, cut labor costs and boost profits.” Elsewhere in the reports, Democrats argued that the proliferation of AI is not an issue of innovation but an attempt by billionaires and tech CEOs to consolidate wealth and power at the expense of their workers’ labor and should be opposed, citing large-scale job losses at Amazon and Walmart as a result of automation. The findings place Democrats at odds with Republicans, who have argued that the U.S. should be the world leader in AI and have cautioned that excessive regulation could stifle innovation, ceding leadership of the issue to China. In response, the report recommends proactive policies, including a 32-hour workweek, profit-sharing, and a “robot tax” to mitigate the impending disruption.

Read it at Axios

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