Workflow
New bipartisan bill would require companies to report AI job losses
CNBC·2025-11-05 18:53

Group 1: Corporate Workforce Changes - Amazon plans to cut its global corporate workforce by as many as 14,000 roles, leveraging opportunities provided by artificial intelligence [1] - Recent layoffs across various sectors, including tech, retail, auto, and shipping, have totaled more than 60,000 roles, with companies citing reasons such as AI, tariffs, and cost-cutting [5] Group 2: Legislative Response to AI Impact - A bipartisan bill, the AI-Related Job Impacts Clarity Act, has been introduced, requiring companies and federal agencies to report quarterly on job changes due to AI [2] - The legislation aims to provide a clearer understanding of AI's impact on the workforce, addressing concerns about potential job losses [3] Group 3: Expert Opinions on AI and Employment - Anthropic's CEO warned that AI tools could eliminate half of all entry-level white-collar jobs and potentially raise unemployment to 20% within the next one to five years [4] - Some experts suggest that AI may not be the sole reason for layoffs, indicating that companies might use AI as a justification for broader economic concerns and cost-cutting measures [6]