Summary
A White House adviser, Jacob Helberg, stated that concerns about AI causing widespread unemployment in the U.S. are exaggerated. He believes that, like past technological changes, both workers and businesses will adapt, and new job opportunities will arise. The White House is also planning to gather input from business leaders to identify and remove government barriers to AI innovation.
Key Facts
- Jacob Helberg is a White House adviser who spoke at the Axios AI+ DC Summit.
- Helberg compared AI's impact to past technology changes, saying people will adapt.
- Some AI leaders warn that AI might eliminate many entry-level white-collar jobs.
- Economists worry that automation could cause job losses during economic downturns.
- The White House plans to seek feedback from businesses to navigate AI policy.
- New tariffs and a slowdown in job growth are affecting the U.S. economy.
- The Federal Reserve made an interest rate cut due to inflation concerns.
