Home Business & Finance Lost jobs, inequality, rogue agents: why are we...
Business & Finance

Lost jobs, inequality, rogue agents: why are we accepting oligarchs’ AI agenda? | Robert Reich

Key Points

The dangers of AI become clearer every day. Why are we still acting as if we have no choice about our future?Rather than producing jobs, the US economy actually lost 23,000 jobs in July, according to Bureau of Labor Statistics data released on Friday. In addition, May and June’s job numbers were revised downward, showing a combined 103,000 fewer jobs than previously reported.

The dangers of AI become clearer every day. Why are we still acting as if we have no choice about our future?

Rather than producing jobs, the US economy actually lost 23,000 jobs in July, according to Bureau of Labor Statistics data released on Friday. In addition, May and June’s job numbers were revised downward, showing a combined 103,000 fewer jobs than previously reported.

As if this weren’t bad enough, wage growth has also slowed. Average hourly earnings rose by just 0.1% from June.

Continue reading...
Robert Reich (PERSON) US (LOCATION) Bureau of Labor Statistics (ORG)
Originally published by The Guardian UK Read original →