AI is coming for jobs, and ‘We’re not ready,’ labor expert says
William Gould, a leading labor expert, warns that artificial intelligence is a looming threat to employment, with potential for massive job losses and social upheaval. Gould suggests that 'wage insurance' for workers displaced by AI could provide a partial solution.
William Gould, a labor expert and Stanford University law school emeritus professor, sees artificial intelligence as a significant threat to employment. He warns that AI's impact will be broad and deep, affecting many traditional tasks. Gould notes that the US is not prepared for the potential job losses and social upheaval. He suggests that 'wage insurance' for workers displaced by AI could help. The US lacks substantial wage insurance, unlike other industrialized countries. Gould fears divisiveness and hateful movements could arise from large-scale job losses, similar to the 1930s Great Depression.
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