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US social safety net eroded amid AI industry's trillion-dollar valuations

The current US administration is criticized for dismantling social safety nets while AI companies achieve massive valuations. This is seen as a problematic disconnect, as the rise of AI is expected to displace many jobs, necessitating robust social support systems. The author argues that these two trends cannot be viewed in isolation. AI

IMPACT Raises concerns about the societal impact of AI job displacement and the need for social support.

RANK_REASON The item is an opinion piece discussing the socio-economic implications of AI industry growth and US policy.

Read on Mastodon — fosstodon.org →

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  1. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    RE: https:// flipboard.com/@theverge/the-ve rge-5hobbaa8z/-/a-A_PsVG3oQoCJiCFwZ_ffDA%3Aa%3A43611565-%2F0 "What good is an AI assistant that can help you plan a

    RE: https:// flipboard.com/@theverge/the-ve rge-5hobbaa8z/-/a-A_PsVG3oQoCJiCFwZ_ffDA%3Aa%3A43611565-%2F0 "What good is an AI assistant that can help you plan a fun day if you can’t actually afford any free time in your life?" "[A]s more AI-related companies reap trillions in valu…