*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).
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Personal finance company Credit Karma is focusing on helping consumers understand financial resources available to them amid the COVID-19 crisis, CEO Kenneth Lin told Cheddar Thursday.
From April 3 to April 6, YouGov polled 1,274 adults online in the U.S. regarding their interactions with and perception of telemedicine as a followup to the same questions asked in November.
Three astronauts have arrived at the International Space Station, after departing the virus-plagued planet. The two Russians and one American reached the orbiting lab in their Soyuz capsule Thursday, six hours after blasting off from Kazakhstan.
A top tech expert says there's "a bunch of really great work" happening as different sectors collaborate amid the coronavirus pandemic.
Digital banking startup SoFi has agreed to acquire payments startup Galileo Financial Technologies for $1.2 billion.
Tammy Erwin, Executive VP and Group CEO of Verizon Business, joined ChedHER to discuss how her team is responding to the ongoing COVID-19 outbreak.
Experts maintain that despite social distancing and quarantining measures during the coronavirus pandemic, people should still attempt to socialize "serendipitously" and commit to acts of kindness to mitigate the stress.
New York Stock Exchange President Stacey Cunningham said Thursday that the floor of the exchange will "absolutely reopen" as soon as it is "safe to do so."
The coronavirus outbreak has triggered a stunning collapse in the U.S. workforce, with 10 million people losing their jobs in the past two weeks. Meanwhile, the number of confirmed infections worldwide has hit 1 million, with more than 50,000 deaths, according to the tally kept by Johns Hopkins University.
Load More