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Josh Hawley: “The St. Louis Federal Reserve bank has studied the…”

Featuring: Josh Hawley, Republican | U.S. Senate Missouri

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AI and America's Moral Covenant with Senator Josh Hawley

Published | Video Starts at 18:15

The Economist reported recently, maybe you read it, that nearly one in five American workers now believes that artificial intelligence or automation is likely to replace him. Now that's not just perception. It is empirically verifiable. 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. (18:15–18:27)

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Asserts that the St. Louis Federal Reserve has identified potential early stages of AI-driven job displacement.

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