Categories: Bitcoin

Americans Get Wary as AI Layoffs Surpass 100K – Bitcoin News


Key Takeaways:

  • After 110,348 jobs lost to AI since 2025, Oracle and Meta layoffs show tech firms will keep shifting funds to AI.
  • Pew Research found 50% of Americans fear AI’s daily impact, while 36% expect future harm to their jobs.
  • To combat future labor impacts, OpenAI’s Sam Altman proposed an AI wealth fund and taxing AI revenue to fund welfare.

Worries keep rising as U.S. AI-Linked Layoffs Surpass 100K

Artificial intelligence (AI) tech is increasingly being integrated into the lives of American citizens. Still, not everyone shares the same enthusiasm for this adoption, especially regarding its effects on the labor market.

While there are no official numbers, the Alliance for Secure AI, an organization that seeks to educate the public about the implications of AI, estimates that 110,348 jobs have been replaced since January 2025 because of this revolutionary technology.

One of the last layoffs announcements accounted for includes Oracle’s latest 30K round of layoffs and Meta’s recent layoffs in California, both of which were reported to be linked to a rise in AI spending and the need to streamline and cut expenses as the tech sector shifts.

Nonetheless, as this pivot unfolds, Americans remain tepid about the impact of AI in both their daily lives and the labor environment. According to Pew Research, 50% of all Americans were more concerned than excited about the implementation of AI in their everyday lives.

In the same way, the survey reported an increasing concern about the influence that AI tech will have on how people do their jobs. In this regard, 36% think that AI will harm how people do their jobs, while 27% were equally positive and negative on the issue.

As the situation unfolds, industry heads are already preparing proposals to protect America’s social welfare as the industry gets less labor-intensive and more AI-focused. OpenAI’s Sam Altman recently proposed a new AI deal that would tax AI-linked income rather than labor and offer each citizen a stake in an AI-sponsored wealth fund.

Former Presidential candidate Andrew Yang and Anthropic co-founder Dario Amodei share similar takes on the subject, proposing levying AI income to fund public welfare.



Source link

Joseph Rees

Share
Published by
Joseph Rees

Recent Posts

Important for Ripple (XRP) Traders: Rare Bottom Signal Emerges

XRP's recent decline has pushed trader confidence to rare lows, which Santiment believes points…

26 minutes ago

Meta, Instagram, and WhatsApp roll out new paid Plus plans

Meta officially launched paid subscription plans for Instagram, Facebook, and WhatsApp on Wednesday, giving users…

36 minutes ago

Coinbase, Standard Chartered Partner to Add 6 Currency Access

Key TakeawaysCoinbase expanded institutional fiat access through Standard Chartered across six major currencies.New rails aim…

39 minutes ago

Strive’s Bitcoin buying spree crosses a rare daily supply line

Strive, Inc. has used its SATA preferred stock program to buy an estimated 490 BTC…

1 hour ago

Google Security Engineer Arrested in Million-Dollar Polymarket Trading Scheme

A Google security engineer has been charged with crimes stemming from allegedly placing trades on…

2 hours ago

Crypto’s $9M Texas Power Grab: How Fairshake Bought a State

Crypto-backed political committees just spent more than $9M to reshape Texas politics in a single…

2 hours ago