Artificial intelligence can do the work currently performed by nearly 12% of America's workforce, according to a recent study from the Massachusetts Institute of Technology. 

The researchers, relying on a metric called the "Iceberg Index" that measures a job's potential to be automated, conclude that AI already has the cognitive and technical capacity to handle a range of tasks in technology, finance, health care and professional services.

The index simulated how more than 150 million U.S. workers across nearly 1,000 occupations interact and overlap with AI's abilities. Specifically, it measures exposure to AI capabilities and how the rapidly emerging technology overlaps with workers' occupational skills. 

https://www.cbsnews.com/news/ai-artificial-intelligence-workers-mit-study/

3 minutes ago, Alan Zweibel said:

Artificial intelligence can do the work currently performed by nearly 12% of America's workforce, according to a recent study from the Massachusetts Institute of Technology. 

The researchers, relying on a metric called the "Iceberg Index" that measures a job's potential to be automated, conclude that AI already has the cognitive and technical capacity to handle a range of tasks in technology, finance, health care and professional services.

The index simulated how more than 150 million U.S. workers across nearly 1,000 occupations interact and overlap with AI's abilities. Specifically, it measures exposure to AI capabilities and how the rapidly emerging technology overlaps with workers' occupational skills. 

https://www.cbsnews.com/news/ai-artificial-intelligence-workers-mit-study/

Very interesting. The reason inflation is so high in the U.S. is because the wages of U.S. workers is so high. Socialist labor unions keep asking for higher and higher wages without any productivity gains. AI will hopefully put many of these socialist labor unions members out of jobs therefore reducing inflation and make American Great Again. 

14 minutes ago, dutch boy said:

Very interesting. The reason inflation is so high in the U.S. is because the wages of U.S. workers is so high. Socialist labor unions keep asking for higher and higher wages without any productivity gains. AI will hopefully put many of these socialist labor unions members out of jobs therefore reducing inflation and make American Great Again. 

Ignorant much?

"The union membership rate—the percent of wage and salary workers who were members of unions—was 9.9 percent in 2024, little changed from the prior year, the U.S. Bureau of Labor Statistics reported today. The number of wage and salary workers belonging to unions, at 14.3 million, also showed little movement over the year. In 1983, the first year for which comparable data are available, the union membership rate was 20.1 percent and there were 17.7 million union members.

https://www.bls.gov/news.release/pdf/union2.pdf

Wage growth is due to lots of reasons, besides Unions. Free Trade Unions are a good thing, and anyone against them, left or right, is basically an evil bastard.

 

The price of property is one of the reasons for high wage growth, without concomitant rise in productivity (which is the real reason why people are complaining). Property has gone up because of the property speculators, who are actually the complete opposite to true capitalists. Private property is the cornerstone of capitalism, but screwing over the next guy/theft is not. Many property speculators fall into the scumbag/put them up against a wall category. They buy property at the lowest possible price, spend the least money on improving it, then try and sell for the highest possible price, where possible screwing over the owner. Where they build new property, they often pick cheap land, maybe a toxic waste dump, ex-landfill, try and pretty it up, fool the buyer. Or they buy a beautiful old property with plenty of years left in it, pull it down, without permission if possible, and replace it with high capacity, sub standard quality condos.

 

At one time, the rule of thumb was you should only borrow what you can afford, which was basically 3.5 times your salary. That was a pretty good basis. Then the property sharks got in on the act, house prices went up, people started to borrow more. At first, 80% borowed, then 90%, then 100%, then suddenly 110% because you were fooled that you needed to buy that utter wreck of a house that the speculator was flipping, but you need money to make it habitable. At first it was a 25 year mortgage; buy your first house in your mid to late 20s, own your own house by mid 50s, 10 years to really focus on getting enough money to live on for the next 20 years.  Then 30 year mortgages, 50 year mortgages, now 100 year mortgages. Owning a house was supposed to mean freedom in old age, something to show for your time on Earth. Now its a millstone, to keep you in poverty, while the elderly lecture you (the elderly enjoying a lifestyle funded by you). Meanwhile the Evil Bastards say its all your fault for asking for a pay rise.

 

Jesus had it right; the money changers, and their descendants, the property flippers, are truely the scum of the earth, for the most part (a few exceptions perhaps). Win-win doesn't exist in the Property Flipper's world.

I already have two friends who have lost their jobs to AI, and I don't have very many working-age friends these days.
People who have been earning a solid income for 20 years suddenly have to try to live on $7 an hour... IF they can find someone to hire them.

 

Great, move AI into the White House now; it could not be worse than Trump.