Senators Hawley and Warner are introducing a bill to require US companies to provide the government quarterly reporting on jobs lost to AI.
"The American people need to have an accurate understanding of how AI is affecting our workforce, so we can ensure that AI works for the people, not the other way around."
More likely, a first step in taxing companies that use AI to become more efficient.
So now there are at least two external reasons pushing companies to cut workers as soon as possible:
1) To pay for AI, even before it is cost justified or proven. Some because of the huge expenditures (Big tech companies buying "terawatts" of compute). Others because everyone else is doing it and they want to keep Wall Street analysts happy.
2) Now, lay off as many as possible before there is a tax on it.
I think this is a terrible idea. Companies already pay to layoff (unemployment), making a special case for AI is pure populism. We want our companies to innovate and get better. Don't we?
https://www.hawley.senate.gov/hawley-warner-to-introduce-bipartisan-legislation-revealing-number-of-jobs-lost-to-ai/
"The American people need to have an accurate understanding of how AI is affecting our workforce, so we can ensure that AI works for the people, not the other way around."
More likely, a first step in taxing companies that use AI to become more efficient.
So now there are at least two external reasons pushing companies to cut workers as soon as possible:
1) To pay for AI, even before it is cost justified or proven. Some because of the huge expenditures (Big tech companies buying "terawatts" of compute). Others because everyone else is doing it and they want to keep Wall Street analysts happy.
2) Now, lay off as many as possible before there is a tax on it.
I think this is a terrible idea. Companies already pay to layoff (unemployment), making a special case for AI is pure populism. We want our companies to innovate and get better. Don't we?
https://www.hawley.senate.gov/hawley-warner-to-introduce-bipartisan-legislation-revealing-number-of-jobs-lost-to-ai/