Daily Market Updates: Gina Raimondo warns AI layoffs could hit before job creation

Global Markets

Home›Global Markets›Trade & Tariffs›Gina Raimondo warns AI layoffs could hit before job cr…

Gina Raimondo warns AI layoffs could hit before job creation

Reported · Written up by our desk · Trade & Tariffs

CNBC Markets reports former US Commerce Secretary Gina Raimondo said that while she expects AI to ultimately create jobs, the first wave of job losses is the risk that requires attention.

According to the outlet, Raimondo said no one knows what AI will mean for employment over the long term, but layoffs may arrive first without proper planning.

← Newer storyUS consumer confidence hits lowest level in over a decade Older story →Golden Cariboo outlines 995,000 oz inferred gold at Quesnelle

More like this

Global MarketsAirport attacks disrupt Riyadh airspace and commercial flights

Global MarketsMore Republicans oppose Trump diesel deal with Putin

Global MarketsHigh-voltage power stocks cool after strong 2026 rally

Global MarketsUK urges Interpol to reject Argentina’s red notices over Falklands oil arrests

Global MarketsUK travelers warned against paid ETIAS waiver services amid delays

Sources

CNBC MarketsGina Raimondo thinks AI ultimately will create jobs. It's the initial mass layoffs wave that worries her

Global Markets

Gina Raimondo warns AI layoffs could hit before job creation

More like this

Sources

Get the close, explained.