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Bernie Sanders Warns: AI Will Take Jobs While CEOs Cash In

Key Takeaways

  • Bernie ​Sanders warned that AI and robots could cost millions of jobs while boosting CEO profits;
  • He proposed a 32-hour workweek and stronger labor rights instead of mass layoffs;
  • Sanders said AI tools must serve the public, not just tech billionaires or investors.

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Bernie Sanders Warns: AI Will Take Jobs While CEOs Cash In

Senator Bernie Sanders warned that artificial intelligence (AI) and robotics could push many Americans out of work while company executives keep the profits for themselves.

During an interview with The Joe Rogan Experience on June 24, he stated, "Artificial intelligence will displace millions of workers. People will be thrown out on the streets".

He added that those leading these companies do not seem concerned about the impact.

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Sanders repeated some of his long-standing ideas, including better access to healthcare and education, a higher minimum wage, and more worker protections. He also suggested reducing the full-time workweek to 32 hours or four days as an alternative to job cuts.

He argued that this change would allow businesses to share the gains of higher productivity, rather than laying off staff. According to him, fewer hours with the same pay is a better way forward than replacing workers with machines.

If companies refuse to make changes, he stated that more direct steps, such as limiting CEO control, might be needed.

Sanders noted that new tools can be helpful, but only if used in a way that supports everyday people, not just wealthy investors or tech leaders like Elon Musk. He added that public decisions should shape the development and use of powerful tools like artificial general intelligence (AGI).

He also criticized the idea of people forming emotional attachments to AI programs. He described this as a sign of what could go wrong if technology were to replace real human connection.

He said, "All I would say at this moment: The answer is not to fall in love with your AI creature".

Recently, software developers at Amazon shared what their workflow is like with AI. What did they say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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