AI has the potential to improve human lives and a company’s bottom line, but it can also accelerate inequality and eliminate jobs during the worst U.S. recession since the Great Depression. This dual promise and peril led members of the House Budget Committee to hold a hearing today to discuss the impact of AI on economic recovery, the future of work, and the federal budget.
Expert witnesses recommended approaches that ranged from giving people lifelong upskilling accounts to creating regional investment districts and portable benefits.
