Former US Commerce Secretary Raimondo Warns AI Could Trigger Tens of Millions of Layoffs, Deep Recession Without Safeguards

bloomingbit

Former US Commerce Secretary Gina Raimondo warned that rapid AI adoption without proper safeguards could lead to tens of millions of layoffs and a deep recession. She emphasized that mass job losses could occur before AI creates new employment opportunities. Raimondo stressed the need for a comprehensive response plan to mitigate the economic and social impacts of AI.

Read at bloomingbit

All articles from 30 September 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.