The Safety Net Isn’t Ready for Artificial Intelligence
Economists warn that the US federal safety net is unprepared for potential widespread job losses due to artificial intelligence, with unemployment benefits and job-retraining programs being insufficient. The current unemployment system is unlikely to cover many workers displaced by AI, and Congress has made little effort to prepare for this potential crisis.
The US federal safety net is unprepared for potential widespread job losses due to artificial intelligence. Economists warn that the nearly century-old unemployment system is unlikely to cover many workers displaced by AI. Job-retraining programs and other forms of aid have not been updated for the current threat and, in some cases, have lapsed altogether. Republicans in Congress made it more difficult for people without jobs to receive food assistance and health care benefits. If many Americans are disrupted by technology, they may find government aid insufficient or be ineligible to receive it. Labor experts say the government should begin preparing for AI job losses now, rather than waiting until the crisis has begun.
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