White House AI report calls for "aggressive" policies to help workers
Artificial intelligence should be welcomed for its potential economic benefits, according to a new White House report on AI and the economy, but "aggressive" public policy must be implemented to ensure everyone benefits from its development. While this new platform could potentially lead to new growth opportunities in the US, higher wages and more leisure time for people, there are obvious negative impacts on the horizon: "Job displacement is likely to be one of the most serious negative consequences of AI-driven automation, impacting entire industries and communities," the report says. Anywhere from 9 percent to 47 percent of jobs could be threatened over the next decade or two due to the rise of AI, the report says, citing outside research. Looking at driving-related jobs as a case study, the White House's Council of Economic Advisers (CEA) estimates that somewhere between 2,196,940 and 3,089,990 jobs (out of 3,723,930 jobs, as of May 2015) will be threatened. Still, the report says, "Technology is not destiny; economic incentives and public policy can play a significant role in shaping the direction and effects of technological change."
Dec-21-2016, 20:45:02 GMT