#job-displacement

#job-displacement

In an episode of "The Diary of the CEO" podcast released on Thursday, the Bridgewater Associates founder called AI a "truly fantastic" tool to leverage, but one that will drive inequality. "There'll be a limited number of winners and a bunch of losers," he said. "It's going to create much greater polarity, which we're seeing through the system." It will lead to "the top one to 10% benefitting a lot. So that will be the dividing force," the billionaire added.

vocal and growing group of conservatives who are fundamentally suspicious of the benefits of technological innovation,

Hawley said he planned to introduce a bill on the topic "soon," but declined to offer further details. A self-styled populist, Hawley staked out his stance against autonomous vehicles in a speech at the National Conservatism last week, where he cast AI as part of a transhumanist project and called for a series of restrictions on the technology. "Only humans should drive cars and trucks," Hawley said at the time.

AI is dominating the economy and at the top of policy agendas. Ads for it are everywhere. Your favorite artist is probably experimenting with it. And as hundreds of billions of dollars get poured into the tech, it can feel like the whole world is holding its breath for when it somehow becomes superintelligent and magically ushers us into a utopic age.

Altman expressed optimism for Generation Z, stating, 'I would feel like the luckiest kid in all of history,' despite acknowledging potential job displacement from AI.

AI is the future - and we must stay ahead of the game by ensuring our students and workforce are prepared to lead the way. We are preparing tomorrow's innovators, today.

The unemployment rate for young people between 20 to 30 years old in the tech sector has increased by about 3% since the beginning of the year, according to Joseph Briggs, senior global economist of Goldman Sachs' research division.

Figure's Helix robot has made remarkable advancements in package sorting, improving speed and accuracy, suggesting a future where robots could reliably replace human labor.

Wherever you land on this spectrum, it's evident that AI is controversial with consumers.

Vulcan marks a significant advancement in robotics by combining touch and AI, enabling robots to identify and handle a wider range of items.