00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Nobel Prize-winning economist Darren Akamoglu warned that unemployment could triple within
00:06a decade as AI disrupts jobs faster than previous technological shifts.
00:11Akamoglu told 60 Minutes that AI-related jobs exist but employ relatively few people,
00:17compared with the number who could be replaced.
00:19A McKinsey Global Institute report projected AI could push 11 million U.S. workers into
00:24new careers by 2035.
00:26Mercore CEO Brendan Foody said AI could free workers from repetitive tasks and pointed
00:31to AI training jobs paying up to $200 an hour.
00:34Goldman Sachs has found entry-level workers are facing the sharpest AI-related hiring pressure.
00:40Johns Hopkins economist Steve Hanke said AI could instead become a net job creator.
00:44For all things money, visit Benzinga.com.
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