Concerns Rise as 75% of Americans Fear Job Loss to AI - Addressing Trust and Policy Challenges

--------------------------------------------------------------- Sponsor Message [Holding NVDA? Read This NOW]( NVDA is likely not the best buy for A.I. investors. 50-year Wall Street veteran Marc Chaikin reveals what to buy instead. [Learn more here.]( --------------------------------------------------------------- 75% Of Americans Will Lose Their Jobs This could be bad. A new study came out that says most Americans think artificial intelligence or AI will take away lots of jobs in the next 10 years. The study was done by Bentley University and Gallup. They talked to about 5,400 Americans 18 and older back in May 2022. What they found was that 75% of people think AI will cut down the number of jobs available in the US. Only 6% think AI will create more jobs. Those numbers were about the same across people of different ages. Even most younger folks think AI will put people out of work. Around 70% of Millennials and Gen Zers said jobs would be lost to AI machines. --------------------------------------------------------------- Sponsor Message [The Strategic Gold Play You Haven't Heard About]( recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure. [Get the full story on this overlooked gold investment strategy here.]( --------------------------------------------------------------- People Don't Trust Companies to Use AI Responsibly Part of the reason so many Americans are worried is that they don't trust companies to use AI in a responsible way. 38% said they have no trust at all in companies to use AI the right way. Another 41% said they have "not much" trust. Half of people said they think AI does about equal amounts of good and harm. Not many think AI is better than humans at key things like driving, hiring people, or healthcare. More people trust AI for simple tasks like giving recommendations online. Businesses & Government Have to Address These Concerns Some experts say AI could make new kinds of jobs too. But only 19% of people who took the survey think AI won't affect the total number of jobs. Business leaders and people in government have to listen to these worries. If most Americans think they will lose their jobs to AI, it could really hurt the economy. Companies need to use AI in smart ways to help workers be more productive. But they can't ignore when AI puts people out of work. New policies might be needed to retrain workers and help families. Ignoring these concerns will just lead to more demand for regulations that get in the way of progress. --------------------------------------------------------------- Sponsor Message [Billionaires Race to Invest in AI Energy Breakthrough]( Jeff Bezos and Bill Gates are investing in AI energy. This AI-created energy is being hailed as the most exciting human discovery since fire. [Here’s how to invest alongside them.]( --------------------------------------------------------------- Stay Focused on What Matters Most Business leaders and policymakers must address these AI concerns prudently. Companies should maximize productivity gains while minimizing workforce disruption. New policies may be needed to help displaced workers transition. But heavy-handed overregulation could stifle progress. The future remains bright for those who stay focused on what matters most - growing investments, limiting government overreach, and supporting pro-growth policies. With perseverance and wisdom, free markets and human ingenuity can harness AI's potential while safeguarding prosperity. Trust in the timeless principles of liberty and personal responsibility. The same work ethic, values, and faith that built this country can guide us through coming challenges. By keeping our eyes fixed on the horizon, we can navigate uncertain waters and reach new horizons. The best is yet to come. James Reagan Editor, Contributor PoliticsAndMyPortfolio --------------------------------------------------------------- Sponsor Message [Richest investors clearly worried about something big]( Dalio, John Paulson, and many others all recommend you own gold right now. But did you know there's another huge investor (worth more than all the world's billionaires COMBINED) buying gold by the ton? That's why the best move to make right now could be this little-known gold investment (which you can get started with for just $5.) 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