*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).
The exercise media and equipment company reported that it had made $915 million in revenues in the past fiscal year, but saw net losses of about $196 million, in its filing to go public.
These are the headlines you Need 2 Know for Wednesday, Aug. 28, 2019.
Elon Musk says SpaceX will again attempt to launch its Starhopper prototype rocket around 5 p.m. ET today, 24 hours after engineers were forced to scrub the launch with one second remaining on the countdown clock.
On the back of a groundbreaking partnership with data heavyweights Deloitte and Nielsen, cannabis industry intelligence company Headset on Monday announced the launch of its real time analytics tool in the province of Alberta, marking its official debut in the Canadian market. Stakeholders anticipate the data Headset Insights generates ー first in Alberta, and eventually across all of Canada ー will serve as a road map for companies outside of cannabis looking to penetrate the industry, and for Canadian cannabis companies as the market grows more diverse and competitive.
Security startup Openpath announces office tech that will allow workers to report intruders, active shooters, or other threats directly from their mobile devices and send an emergency alert directly to an office's physical security infrastructure.
Gravy Analytics, a location-based marketing technology company, analyzed the smartphone data of people who attended the 111 solo Democratic presidential candidate events held in June and July.
Shares of Lyft ($LYFT) popped more than 3 percent Monday morning after an analyst upgraded the company, citing higher prices as a path to profitability for the ride-hail company.
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.
These are the headlines you Need 2 Know for Friday, Aug. 23, 2019.
After hearing complaints that there wasn't enough quality inventory from her own homebuying clients, Sandra Heddon started a pre-designed, sustainable home company to fill the gap. Heddon, who is the co-founder and owner of Modern Catskills, joins Cheddar to discuss how she launched her business.
