Tag: if ai causes

Illustration by Tag Hartman-Simkins / Futurism. Source: Getty Images Blue collar workers may be enjoying a certain degree of schadenfreude at seeing the panic over tech, finance, and other white collar workers potentially losing their jobs to AI. But mass job destruction would end up being bad for virtually everyone who actually has to work for a living, not just overpaid office drones. That’s according to one of the authors of a new report from Citrini Re

Getty / Futurism These days, the conversation around AI automation and the job market is increasingly focused on “labor displacement,” the phenomenon in which new technology eliminates certain jobs but supposedly creates new ones elsewhere. But AI, more than any tech that came before it, represents the possibility of mass unemployment on an unprecedented scale. Because a working class person’s wellbeing in a market economy depends almost entirely on their