Who Will Be AI’s Winners And Losers | The Bottom Line

As artificial intelligence advances and earns more investments, it poses an even bigger threat to all kinds of workers. Former Secretary of Labor Robert Reich warns that artificial intelligence will not just displace manufacturing jobs but also workers in the knowledge economy. Columbia University economics professor Jeffrey Sachs predicts that workers will need to adapt to new skills and roles in order to thrive in the changing economy. Moody’s Analytics’ chief economist, Mark Zandi, cautions against overreacting to the potential job displacement caused by AI. He suggests that AI will follow a similar pattern, gradually impacting the job market over an extended period. University College London professor Mariana Mazzucato says inclusive and sustainable growth is particularly important in the context of AI, as these technologies have the potential to exacerbate existing inequalities if not carefully harnessed. In this episode of "The Bottom Line," watch top economists discuss the winners, and losers, of the ongoing AI revolution. Chapters: 0:00 Introduction 0:43 Who will fall behind? 2:40 How jobs will change 7:00 Algorithmic challenges Produced and Edited by: Mark Licea, Jack Hillyer Supervising Producer: Lindsey Jacobson Graphics by: Jason Reginato Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC Who Will Be AI’s Winners And Losers | The Bottom Line