AI Is Already Disrupting the Young Workforce
Federal Reserve Governor Michael Barr warns that artificial intelligence is no longer a distant economic threat. It is already affecting young U.S. workers. Entry-level roles in areas like software development and customer service are beginning to thin out as AI systems take on tasks that once served as career starting points. The concern is not theoretical anymore, early-career workers are facing a labor market that is shifting faster than they can adapt.
When AI adoption moves faster than our education systems, hiring pipelines, and safety nets, workers absorb the shock. An AI dividend trust fund to support a Universal Income would help ensure that the economic gains from AI support household stability as the labor market evolves. If disruption is already here, policy should not lag behind it.