Technology News Ai Automation Fueled By Labor Shortages And Recession Fast Company

The Real AI Risk is ‘Meh’ Technology That Takes Jobs and Annoys Us All

Nobel Prize-winning economist Daron Acemoglu’s worst fear isn’t a future where artificial intelligence has taken over everyone’s jobs. AI that powerful may be unnerving, but at least it would uncork a ... Read More

AI’s hidden recession: How fewer jobs and cultural backlash create a governance crisis

AI will redefine how humans create value. Whether it also redefines who is allowed to create value will depend on the choices leaders make now. Read More

Democrats demand ‘robot tax’ as AI reportedly threatens to replace 100M US jobs

A new Senate report warns that artificial intelligence could displace nearly 100 million U.S. jobs within the next decade, spurring Democrats to push for a "robot tax" on companies that replace human ... Read More

AI and Robots Automate Labor-Scarce Sectors

The low birthrate crisis, which began in earnest in the early 2000s, continues. Last year, the number of births was 238,000, and the total fertility rate stood at 0.75. Some companies see opportunity ... Read More

Panic-fueled shortage in memory chips worsens as AI demand overwhelms supply

Silicon Motion Technology's president and CEO, Wallace Kou, has highlighted a severe and ongoing memory shortage, driven by structural changes in the memory industry caused by artificial intelligence ... Read More