• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy ‘Should be concerned’: Congress opens up on new threats posed to US labor market
Economy

‘Should be concerned’: Congress opens up on new threats posed to US labor market

by June 2, 2023
by June 2, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

WASHINGTON, D.C. – Congressional lawmakers told Fox News they’re concerned about how artificial Intelligence will impact the job market, but were unsure how to approach the issue.

‘I don’t have answers,’ Rep. Adam Smith, a Democrat, said. ‘There’s no question AI is an incredibly disruptive technology, and we should be closely looking at the implications of it and how best to handle those implications.’

Republican Rep. Ben Cline said he was less concerned.

‘New technologies have come and gone, and with them you have displacement, not necessarily jobs lost, but jobs added and jobs shifting,’ he said. ‘For AI, my concern is less with job displacement and more with national security dangers and protecting that national security infrastructure from AI.’

WATCH CONGRESSIONAL LAWMAKERS SOUND OFF ON HOW AI COULD THREATEN AMERICAN JOBS:

AI advancements could reduce or eliminate 300 million jobs globally, and could cause a ‘significant disruption’ across labor markets, according to a Goldman Sachs analysis published in March.

Most restaurant jobs could be automated in the next five to 10 years, a tech CEO whose AI has placed over a million drive-through orders, told Fox News this week. Lawmakers have repeatedly voiced concern over AI. 

‘I think AI is a danger. It does replace Americans’ jobs,’ Rep. Marjorie Taylor Greene said. ‘This is where Congress—we have to work harder to figure out how to control this.’

‘There’s many dangers to American jobs, not just AI. It’s people coming across the border, competition from other foreign countries,’ the Georgia Republican continued. ‘We have to do everything we can to protect American jobs, including against AI.’

Rep. Byron Donalds of Florida also said AI is a concern for workers. 

‘When you’re trying to replace jobs, the American people should be concerned about that,’ the Republican said. ‘With AI, I think there’s a lot of stuff that we need to study up on and get to know it very, very fast.’

House members from both parties told Fox News the country needs better education on AI to ensure the labor market is ready for next-generation jobs.

‘Experts that were part of creating this technology say that it’s an existential threat to humanity,’ Rep. Debbie Wasserman Schultz, a Democrat, told Fox News. ‘We might want to listen.’

Republican Rep. Mike Flood said the U.S. must prepare students for the skills needed in the digital generation, including AI coding. 

‘We’re going to need a lot higher-skilled workers in the workforce, and that requires our educational system to step up,’ Flood told Fox News. 

‘Let’s work hard like we did when we decided we wanted to go to the moon and our entire nation put our strength behind it,’ he said. ‘We need to do that now with our kids, get them the skills they need and, you know, be ready for 2030.’

To watch lawmakers’ full interviews, click here.

Jon Michael Raasch is an associate producer/writer with Fox News Digital Originals.

This post appeared first on FOX NEWS
You Might Also Like
  • Quantum Computing: its Evolution and its Potential Future
  • Pennsylvania Sen. John Fetterman released from hospital after treatment for depression
  • Here are the 21 House Republicans who voted no on McCarthy’s stopgap funding bill to avert government shutdown
  • Alito pauses Boy Scouts $2.46 billion abuse settlement
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Congress races to research AI-enhanced drones to maintain national security edge over China
next post
Pride month: Local governments host Drag Queen Story Hour events across country

You may also like

Biden admin abruptly delays plan to ban menthol cigarettes amid...

April 27, 2024

Four in five Americans fear nation spiraling into chaos, new...

July 17, 2024

Newsom to headline Democratic campaign event in New Hampshire

July 2, 2024

2024 White House hopefuls shred DOJ, ‘deep state’ over timing...

December 9, 2023

White House can’t say what assassination of top Hamas leader...

July 31, 2024

House GOP leaders say Biden conditioning US support for Israel...

April 6, 2024

Tim Scott becomes fourth GOP presidential candidate to sign RNC’s...

August 11, 2023

Wisconsin Supreme Court race spending tops $42M, Protasiewicz holds $6M...

April 4, 2023

Sen Joni Ernst wants remote government workers investigated: ‘We’re coming...

September 8, 2023

The Speaker’s Lobby: Dominating the DC news cycle

July 22, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Investment Portfolio Feeling Stagnant? Transform Your Path Today

      May 9, 2025
    • Confused by the Market? Let the Traffic Light Indicator Guide You

      May 9, 2025
    • Which Will Hit First: SPX 6100 or SPX 5100?

      May 9, 2025
    • The V Reversal is Impressive, but is it Enough?

      May 9, 2025
    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,633 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,321 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,303 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,534)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Investment Portfolio Feeling Stagnant? Transform Your Path Today

      May 9, 2025
    • Confused by the Market? Let the Traffic Light Indicator Guide...

      May 9, 2025
    • Which Will Hit First: SPX 6100 or SPX 5100?

      May 9, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,534)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    US troops abroad ‘at risk’ due...

    February 5, 2024

    Pentagon reveals details on how Chinese...

    February 5, 2023

    A Secret War in the Making:...

    January 2, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here