How Will Artificial Intelligence Impact the Working Class?

What actually does AI create? AI means the loss of millions of simple decision-making jobs for millions of workers. In addition, it means more reduced hours of work, further compression of wages, and de-professionalization of work. Evidence from Goldman Sachs Bank’s May 2023 report predicted a loss of 300 million jobs because of AI by 2030. What occupations will be most heavily impacted? This presentation by Dr. Jack Rasmus concludes with raising questions about how AI Technology poses important challenges to traditional Marxist analysis of labor exploitation.

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