US EditionSenators 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.
18 Articles
18 Articles
A new bipartisan bill would force companies to reveal how AI is impacting jobs
The Senate recently introduced a bill aimed at revealing AI's real impact on layoffs and job losses. Sponsors Senator Josh Hawley (R) and Senator Mark Warner (D) hope the legislation will transform how organizations report workforce reductions. Its bipartisan backing may also increase its chances of passing in Congress.Read Entire Article
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…
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