AI doomsday where many workers are ‘essentially unemployable’ is totally possible, Fed governor says

AI doomsday where many workers are ‘essentially unemployable’ is totally possible, Fed governor says

Federal Reserve Governor Michael S. Barr issued a stark warning on Tuesday regarding the potential trajectory of artificial intelligence, outlining a scenario where rapid technological advancement will create a “jobless boom” that leaves a significant portion of the population “essentially unemployable.” Speaking before the New York Association for Business Economics on Feb. 17, Barr discussed the profound uncertainty surrounding how generative …

Andrew Yang predicts millions of Americans could lose their jobs sooner than they think

Yang claims if one company cuts workers, it will turn into a competition which will be devastating.

US Entrepreneur Highlights Potential Job Losses Due to AI in Coming Year

Andrew Yang, the former presidential candidate and entrepreneur, has expressed significant concern regarding the impact of artificial intelligence on employment in the upcoming year. In a recent article on his Substack, Yang suggested that millions of white-collar jobs may be at risk, particularly for professionals in coding, marketing, middle management, and call centers. He presented this impending shift as a quick and competitive process rath…

Andrew Yang's chilling AI prophecy spells doom for millions, predicting a bizarre new normal in the next 18 months

Get ready to see a lot more familiar faces at your local Starbucks, because Andrew Yang is dropping some pretty chilling predictions about the future of work. The Forward Party founder and former presidential candidate thinks that AI is about to “kick millions of white-collar workers to the curb in the next 12 – 18 months.” Yang laid out his thoughts in a recent post on his Substack, painting a picture where companies will enter a fierce competi…

Andrew Yang Warns AI Will Displace Millions of White-Collar Workers Within 18 Months

Andrew Yang, the former presidential candidate and longtime Universal Basic Income advocate, published a blog post this week warning that AI is about to displace millions of white-collar workers in the U.S. over the next 12 to 18 months, a wave he has taken to calling "the Fuckening." Yang cited a conversation with the CEO of a publicly traded tech company who said the firm is cutting 15% of its workforce now and plans another 20% cut in two yea…

Andrew Yang Warns AI Will Wipe Out Millions of Jobs Within the Next 12 to 18 Months

Former U.S. presidential candidate and founder of the Forward Party, Andrew Yang, has issued a stark warning about the near-term impact of artificial intelligence on white-collar employment, predicting that “millions of white-collar workers” could lose their jobs within the next 12 to 18 months. Writing on his Substack on Monday, Yang argued that AI-driven workforce […] The post Andrew Yang Warns AI Will Wipe Out Millions of Jobs Within the Next…