There's a 'Deep Misunderstanding' about AI and Job Losses That Has the Department of Labor's Attention

Abstract

At the CNBC Work Summit, Department of Labor Acting Secretary Julie Su urged workers to assert their voices regarding artificial intelligence (AI) in the workplace, emphasizing that job displacement isn't inevitable. Drawing attention to successful strikes in various industries where AI was a bargaining point, Su stressed the need for workers across all sectors to remain vigilant. MIT economics and labor expert Daron Acemoglu echoed these concerns, highlighting the importance of AI enhancing rather than detracting from workers' jobs and lives, noting current trends are problematic.