Today, the White House released a new report on the ways that artificial intelligence will transform our economy over the coming years and decades.

“Accelerating AI capabilities will enable automation of some tasks that have long required human labor. These transformations will open up new opportunities for individuals, the economy, and society, but they will also disrupt the current livelihoods of millions of Americans. The new report examines the expected impact of AI-driven automation on the economy, and describes broad strategies that could increase the benefits of AI and mitigate its costs.”

The United States still does not see the urgent need for a universal basic income, the report ultimately concludes that meaningful level of “displacement” will occur but it still isn’t at an urgent level where significant policy action must take place to accommodate it. At the same time the govt does not fear technological advancement and wants more Americans to be skilled enough to take advantage of it and lead new developments

A link to the two reports produced so far can be found here

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