A.I. Doesn't Have to Be the Death Knell for U.S. Jobs
*By Britt Terrell*
The rise of artificial intelligence and new automation will inevitably lead to the loss of some jobs across different industries, but it may also create entirely new careers for American workers.
What jobs disappear, and how fast they'll be replaced, may depend on how traditional industries and new technology companies cooperate, and how the government can help foster those partnerships, said Politico's technology reporter, Steven Overly.
“When the internet was created, I think a lot of folks also speculated it would replace a number of jobs and it has in some ways, but it has also created new jobs," Overly said Thursday in an interview with Cheddar. "It’s opened up new industries and so there are a lot of folks who are optimistic that with A.I., it will follow a similar path."
Many of the most optimistic folks from Google, Amazon, Facebook, and other tech firms discussed how A.I. technology may affect American workers at a White House summit Thursday.
Some blue-collar workers, such as truck drivers, are expected to be replaced by autonomous vehicles. The administration and representatives from the tech industry are considering new programs to train American workers on how to [use A.I. technology](https://www.washingtonpost.com/news/the-switch/wp/2018/05/08/white-house-will-host-amazon-facebook-ford-and-other-major-companies-for-summit-on-ai/) in new ways for new jobs.
"Certainly the administration has conveyed that they now view artificial intelligence as a national priority," said Overly. "And certainly there are many in the industry who say if the U.S. doesn’t take a stronger stance on this, we’re going to fall behind China, India and the E.U.”
For the full interview, [click here](https://cheddar.com/videos/white-house-hosts-a-i-summit).
Amazon is confirming it’s closing all of its physical bookstores as well as its 4-star shops and pop up locations as the online behemoth reworks its physical footprint.
As Russia continues to invade Ukraine, its tech outsourcing sector is at risk. Over the past few years, the country has become a popular outsourcing destination for American and European tech companies, but now the future of that industry is uncertain. Isabelle Bousquette, enterprise technology reporter, for The Wall Street Journal, discusses what repercussions the crisis might have on the industry, and what companies are doing to mitigate possible disruptions.
The Mobile World Congress is underway in Barcelona this week. The annual global trade show is showcasing the latest advancements in mobile and other progressive technologies.
Katie Collins, Senior European Correspondent, CNET joined Cheddar's Opening Bell to break down the latest announcements.
NerdWallet reported strong fiscal Q4 results in its first earnings report as a publicly traded company. The personal finance company saw revenue increase 75 percent year-over-year as the company witnessed a rebound in consumer demand as the pandemic wanes. Tim Chen, Founder & CEO, NerdWallet joined Cheddar's Opening Bell to discuss.
Kraft Heinz is launching a new joint venture with NotCo, a Chilean startup that creates plant-based substitutes using artificial intelligence. The goal is to reimagine global food production and bring plant-based versions of Kraft Heinz products to market at a faster speed, all while driving sustainability. Matias Muchnik, CEO and Co-Founder of NotCo, joined Cheddar's Opening Bell to discuss the partnership, NotCo's technology, and his response to the backlash against the ingredients in meatless meat.
Uber is rolling out a new feature on its app called Explore that will allow users to discover things to do in their area such as dining. The new service is now available in 14 U.S. cities.
Traci Gusher, EY Americas data and analytics leader, joins Cheddar News to discuss how companies have made strides within data and analytics throughout the pandemic and what the chief information officers of today need to focus on and dedicate resources to.
