BlockBeats reported that Cathie Wood, in her monthly market commentary, criticized Dario Amodei's statements regarding AI risks and large-scale unemployment, and said ARK Invest expects to face a labor shortage.
Hassett, director of the White House National Economic Council, said the artificial intelligence bubble is a cause for concern and that the government is studying the recent rapid growth in employment.
According to reports, Google DeepMind researchers believe that once the collaboration capabilities of multiple agents cross the “super-collaboration” threshold, market concentration, employment, and wages may change abruptly.
Phoenix News Tech, citing Business Insider, reported that Bill Gates said on a podcast that AI could replace some service, accounting, and blue-collar jobs, and that employment and society will undergo dramatic adjustments over the next 20 years.
PANews cited 36 a KrASIA report saying that eBay China launched a new round of workforce adjustments this week at major offices including Shanghai. Multiple sources said the proportion of layoffs may reach 80%. The relevant scale and proportion have not been officially confirmed by eBay.
PANews, citing unusual_whales, reported that Jeff Bezos believes AI could enable Americans to support a family by working 3 days per week and could lead to labor shortages rather than mass unemployment.
Federal Reserve Chair Kevin Waller said that the Productivity and Employment Special Task Force will hold November 16 hearings in the San Francisco Bay Area to study AI the impact of artificial intelligence on economic activity and the labor market.
U.S. through October 10 weekly initial jobless claims were 199000 people, below the expected 200000 people; the previous reading was revised up to 198000 people.
IMF President says AI Infrastructure investment is supporting approximately 3%growth in the global economy and warns that AI will have long-term impacts on employment, taxation, and education. Singapore’s president also warned that demand for entry-level positions is declining.
After Trump and executives from multiple AI companies were interviewed following a White House luncheon, Musk discussed the impact of AI on employment, while Dario Amodei reiterated his views on technological risks and safety governance.
X account @mattyryze posted: “in all of recorded history there is not one single clear, well-established example of a major technological revolution causing a sustained absolute decline in total human employment. not a one. AI will be no different.”
A social media post claims that the U.S. private sector has added more than 1000000 jobs, while the federal workforce has fallen to 1960 levels not seen since the 19__BIBIBI_NUM_n__s.