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Senators Want Companies to Report AI Layoffs Amid Job Cuts
The bipartisan AI-Related Job Impacts Clarity Act mandates quarterly reports on AI-driven job changes, aiming to track layoffs, hiring, and retraining across sectors.
- On Wednesday, Senators Mark Warner and Josh Hawley announced the AI-Related Job Impacts Clarity Act, requiring quarterly reports to the Department of Labor from public, private companies and federal agencies.
- After recent mass layoffs, job cuts announced at Amazon, UPS and Target last month totaled more than 60,000 roles amid warnings from Anthropic's CEO about AI eliminating half of entry-level white-collar jobs.
- The bill specifies that the Labor secretary could revise surveys or coordinate with the Census Bureau, with Treasury and SEC consulting on regulations, and reports published on the BLS website.
- Sen. Warner said the bill `will finally give us a clear picture of AI's impact` to show jobs eliminated, retraining, and new opportunities, emphasizing bipartisan concern, Axios reports.
- The data could inform policymakers as companies required to report AI-linked hirings and retraining generate insights, even while experts skeptical of AI as sole cause of layoffs highlight recent layoffs across industries.
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A new bill would require agencies to disclose when AI replaces a federal job
Agencies would be required to disclose when artificial intelligence replaces a federal job under a bipartisan bill in the Senate. Sens. Mark Warner (D-Va.) and Josh Hawley (R-Mo.) announced the AI-Related Job Impacts Clarity Act yesterday. The bill would require major companies and agencies to report AI-related job effects, including layoffs and job displacement, to the Labor Department. Labor would also be required to compile data on AI-related…
Coverage Details
Total News Sources16
Leaning Left1Leaning Right2Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
11%
C 67%
R 22%
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