Congress probes how AI will impact U.S. economic recovery

AI has the potential to improve human lives and a company’s bottom line, but it can also accelerate inequality and eliminate jobs during the worst U.S. recession on record since the Great Depression. It’s that dual promise and peril that led members of the House Budget Committee to hold a hearing today in Congress to discuss the impact of AI on economic recovery, the future of work, and the federal budget.

Expert witnesses recommended approaches today ranging from giving people lifelong…

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