"AI's Impact on Jobs: Insights from CNBC Work Summit 2023"

The Department of Labor's Acting Secretary, Julie Su, emphasized the importance of workers having a say in the utilization of AI and automation, stating that job displacement is not inevitable when workers have a seat at the table. Su highlighted the negative impacts of technology on workers, such as health and safety concerns, surveillance, and potential discrimination. She emphasized the need for proactive thinking and government support to help displaced workers while also acknowledging the potential benefits of innovation. Su stressed that workers' rights and innovation should go hand in hand. However, economist Daron Acemoglu warned of the worst-case scenario of AI leading to mass job layoffs, increased inequality, and damage to democracy. He called for a shift towards "machine usefulness" and a consensus on pro-worker AI. Acemoglu criticized the current focus on automation and data collection, urging a more thoughtful approach.