We face potential unemployment on par with the Great Depression. We need a mass employment program to get through it. AI can pay for it. An AI tax should target the companies that stand to make billions of dollars by laying people off.
Daniel Costa, Ben Zipperer
Economic Policy Institute
Trump’s draconian immigration enforcement is harming all workers. The theory was simple: remove immigrant workers, and native-born U.S. citizens would fill those open positions. Well, the results are in, and the opposite is happening.
Our male protagonists — or perhaps men more broadly — are searching for meaning, solace, or glory anywhere but in the workplace. The trend represents a collective ambiguity about the point of work.
Artificial intelligence is unlikely to produce permanent mass unemployment, Vivek Chibber argues. But without class struggle from below and state action, automation will deepen inequality and leave workers to bear its costs.
The stark bifurcation of corporate victories and weak labor data raises concerns among economists of jobless growth jeopardizing the U.S. workforce, as well as a K-shaped economy, where the rich get richer while the poor get poorer.
As the Supreme Court now considers whether Trump can take over the Federal Reserve, we lose either way. In what may be its most difficult challenge: To whom does it owe its ultimate submission and greatest obeisance: Donald Trump, or Wall Street?
There has been a clear deterioration in the labor market for Black workers this year. The decline in Black workers’ employment appears to be concentrated among Black women.
With a new executive order and model state legislation criminalizing homelessness, the richest people in the U.S. are making it easier to lock up the poorest. Today in Washington, DC the order is out - lock up the unhoused.
By many estimates, the increasing use of artificial intelligence is set to produce significant job losses. The prospect of serious disruption demands that we start formulating egalitarian policy solutions right now.
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