The St. Louis Federal Reserve bank has studied the relationship between AI exposure and job loss and warned recently we may be witnessing the early stages of AI driven job displacement. That's a phenomenon that knows no bounds globally. The International Monetary Fund estimates that roughly 40% of jobs worldwide are now exposed to AI, and that number is growing. Every industrial transition in America has carried with it the same worry that the machines would eventually take all the work. And we have forestalled that eventuality every single time in American history. (18:30–18:40)
CLAIM
Asserts that a large percentage of global jobs are exposed to AI, according to the IMF.
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