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AI Could ‘Destroy Nearly 100 Million Jobs,’ Senate Report Finds

AI Could ‘Destroy Nearly 100 Million Jobs,’ Senate Report Finds

Summary

A Senate report warns that artificial intelligence (AI) and automation might eliminate nearly 100 million U.S. jobs in the next decade. The report, created by staff for Senator Bernie Sanders, predicts significant job losses in sectors like trucking, accounting, and fast food due to automation. While AI investment continues to grow, the report highlights concerns about major workforce disruptions.

Key Facts

  • A Senate report predicts AI could cut nearly 100 million U.S. jobs in 10 years.
  • The report suggests major job losses in trucking, accounting, and fast food sectors.
  • The study was made with help from OpenAI’s ChatGPT.
  • President Trump has pledged billions to AI investments to boost U.S. leadership in technology.
  • Concerns remain about AI's impact on both low-skilled and skilled jobs.
  • The report forecasts over 50% job replacement in 15 out of 20 identified sectors.
  • It acknowledges the uncertainty in AI's long-term effects on the job market.
  • Other studies estimate both significant job loss and creation, causing market transformation.

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