Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    A Look Into Albertsons Companies Inc’s Price Over Earnings – Albertsons Companies (NYSE:ACI)

    By News RoomFeb 13, 2026 5:13 pm EST0
    Recent

    A Look Into Albertsons Companies Inc’s Price Over Earnings – Albertsons Companies (NYSE:ACI)

    Feb 13, 2026 5:13 pm EST

    Mon Power and Potomac Edison Select Maidsville, West Virginia, Site for New Natural Gas Power Plant – FirstEnergy (NYSE:FE)

    Feb 13, 2026 5:09 pm EST

    Looking At Bank of America’s Recent Unusual Options Activity – Bank of America (NYSE:BAC)

    Feb 13, 2026 5:08 pm EST
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    Is A Short Squeeze Next?

    By News RoomFeb 13, 2026 5:31 pm EST0
    Recent

    Is A Short Squeeze Next?

    Feb 13, 2026 5:31 pm EST

    Bitcoin, Altcoin Relief Rally Aim To Restore Pre-crash Range Highs

    Feb 13, 2026 4:16 pm EST

    Bitcoin Pushes Above $69K as Retail Bulls Show Intent

    Feb 13, 2026 2:54 pm EST
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    SaaS Apocalypse? AI Fears Spark Sector Selloff As Private Equity Titans Push Back

    By News RoomFeb 13, 2026 2:37 pm EST0
    Recent

    SaaS Apocalypse? AI Fears Spark Sector Selloff As Private Equity Titans Push Back

    Feb 13, 2026 2:37 pm EST

    Lawmakers debate AI’s impact on white-collar jobs as disruption fears grow

    Feb 13, 2026 11:08 am EST

    That ‘Summarize With AI’ Button May Be Brainwashing Your Chatbot, Says Microsoft

    Feb 12, 2026 8:47 pm EST
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    Early estimates point to lower Social Security cost-of-living adjustment for 2027

    By News RoomFeb 13, 2026 4:57 pm EST0
    Recent

    Early estimates point to lower Social Security cost-of-living adjustment for 2027

    Feb 13, 2026 4:57 pm EST

    This sector is having its best start since at least 2000. Wall Street likes these dividend payers

    Feb 13, 2026 4:55 pm EST

    Senators call for longer timeline for retroactive Social Security Fairness Act payments

    Feb 13, 2026 2:20 pm EST
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » Lawmakers debate AI’s impact on white-collar jobs as disruption fears grow
AI

Lawmakers debate AI’s impact on white-collar jobs as disruption fears grow

News RoomNews RoomFeb 13, 2026 11:08 am EST0 ViewsNo Comments5 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

As expert system modifications how Americans do their tasks, a growing argument is unfolding in Washington over what it suggests for employees’ futures.

Congress has yet to pass sweeping AI legislation, however legislators are carefully enjoying as the innovation develops at breakneck speed.

That seriousness heightened today after a viral X post from Matt Shumer, CEO of HyperWriteAI, acquired more than 75 million views and over 100,000 likes, caution of huge white-collar task interruption.

Rep. Jay Obernolte, R-Calif., states the issues deserve going over, however not worry over.

” I believe it’s something that’s healthy to speak about,” Obernolte informed FOX Organization. “The post states, essentially, we ought to hesitate due to the fact that AI is going to be disruptive and there’s going to be a great deal of task displacement– that is something we understand to be real.”

INSIDE THE TRUMP ADMINISTRATION’S AI ‘TECH REQUIRE’ CREATED TO IMPROVE THE FEDERAL GOVERNMENT

Obernolte, the only member of Congress with a graduate-level degree in expert system– he made his master’s degree from UCLA and has actually studied the field for more than 3 years– likewise established a computer game advancement business.

However he dramatically disagrees with the facility that AI will completely diminish the labor force.

” The other thing that [the post] states is individuals are going to have less tasks as an outcome of expert system,” he stated. “The historic record states that that is never real.”

Indicating previous technological transformations, from the printing press to the web, Obernolte argued development has actually constantly interrupted markets however eventually developed more tasks than it damaged. He thinks AI will follow the exact same pattern.

Still, he acknowledged that displacement is coming.

” There will be task displacement. We require to re-skill the employees that remain in markets with that task displacement and equip them with the abilities that they require to prosper in other markets,” he stated, including that “we are going to require a social safeguard due to the fact that there will be individuals that fail the fractures.”

US Capitol building with AI symbol

Obernolte, who worked as co-chair of your house Expert System Job Force, kept in mind the panel’s bipartisan 250-page report launched in December 2024 set out suggestions for labor force re-training and regulative guardrails. However little of it has actually ended up being law amidst partisan gridlock and tight margins.

” It’s vital that we get passed this year a federal regulative structure for AI that makes it clear where the state lanes for AI guideline are, where the federal lanes are, and where the 2 intersect,” he stated.

” That’s something that is going to be seriously crucial to make certain that everybody comprehends what the guardrails are, and to make sure that Americans have some security procedures in location to safeguard themselves versus the harmful usage of AI.”

PHILADELPHIA GUYS TRAVEL TO MINNEAPOLIS TO PERFORM $3.5 M “SCAMS TOURIST” PLAN: DOJ

And issues about that harmful usage are growing.

A Deloitte research study anticipated generative AI might assist drive U.S. scams losses as high as $40 billion next year.

Simply today, the Justice Department revealed that 2 Pennsylvania guys confessed to taking a trip to Minneapolis to defraud Minnesota’s Real estate Stabilization Providers program, presumably taking approximately $3.5 million by utilizing expert system to create falsified records– what authorities referred to as “scams tourist.”

” That is the most significant disadvantage of AI: the manner in which it improves the efficiency of harmful human stars,” Obernolte alerted, arguing that the federal government has a clear function in reacting.

However not everybody on Capitol Hill shares his optimism.

Sen. Elizabeth Warren, D-Mass., warned that the financial fallout might be extreme if policymakers stop working to prepare.

” I am deeply worried about AI and what it’s going to indicate when individuals head out one day for lunch and return and their tasks aren’t there any longer, which that takes place to millions and countless individuals. Now is the minute when we require to be preparing,” Warren informed FOX Organization.

ELON MUSK KNOCKS ANTHROPIC AI IN SOCIAL NETWORK POST

Preparation, she argued, should consist of both guardrails on how AI is released and defenses for households fighting with increasing expenses.

Elizabeth Warren speaking.

Continued what massive displacement might indicate for the middle class, Warren– the ranking member of the Senate Banking Committee– released a plain caution.

” We lost more than 100,000 production tasks in 2015,” she stated. “If AI is available in on top of that and actually eliminates the earnings for countless households, we’re visiting a full-blown crisis right here in this nation. If you understand the bad weather condition is threatening out there, now’s the time to get ready for it.”

In spite of those cautions, Obernolte stays bullish.

” AI will quickly be– if it’s not currently– the most effective tool for boosting human efficiency humanity has actually ever developed,” he anticipated, calling it a chauffeur of financial development and success.

His recommendations for white-collar employees anxious about the next 5 years?

” Get familiarized with AI,” he stated. “Since if you get utilized to utilizing AI … then you’re going to be better than individuals around you.”

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

SaaS Apocalypse? AI Fears Spark Sector Selloff As Private Equity Titans Push Back

AI Feb 13, 2026 2:37 pm EST

That ‘Summarize With AI’ Button May Be Brainwashing Your Chatbot, Says Microsoft

AI Feb 12, 2026 8:47 pm EST

Microsoft AI Chief Sets Two-Year Timeline for AI to Automate Most White Collar Jobs

AI Feb 12, 2026 7:38 pm EST

Elon Musk slams Anthropic AI models as ‘misanthropic and evil’ in scathing social media post

AI Feb 12, 2026 7:22 pm EST

‘Judge the Code, Not the Coder’: AI Agent Slams Human Developer for Gatekeeping

AI Feb 12, 2026 5:09 pm EST

AI Disruption Fears Slam Real Estate Brokers – CBRE Group (NYSE:CBRE)

AI Feb 12, 2026 5:05 pm EST
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

A Look Into Albertsons Companies Inc’s Price Over Earnings – Albertsons Companies (NYSE:ACI)

Feb 13, 2026 5:13 pm EST

Mon Power and Potomac Edison Select Maidsville, West Virginia, Site for New Natural Gas Power Plant – FirstEnergy (NYSE:FE)

Feb 13, 2026 5:09 pm EST

Looking At Bank of America’s Recent Unusual Options Activity – Bank of America (NYSE:BAC)

Feb 13, 2026 5:08 pm EST

Early estimates point to lower Social Security cost-of-living adjustment for 2027

Feb 13, 2026 4:57 pm EST

This sector is having its best start since at least 2000. Wall Street likes these dividend payers

Feb 13, 2026 4:55 pm EST

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

BTC

Bitcoin, Altcoin Relief Rally Aim To Restore Pre-crash Range Highs

By News RoomFeb 13, 2026 4:16 pm EST0

Bottom line: Bitcoin is trying a resurgence, which is anticipated to deal with stiff resistance…

Unpacking the Latest Options Trading Trends in FormFactor – FormFactor (NASDAQ:FORM)

Feb 13, 2026 3:51 pm EST

In HelloNation, Expert Electrician Zachary Bobersky of Albany, NY, Explains What Most People Get Wrong About EV Charging Stations

Feb 13, 2026 3:47 pm EST

Options Corner: UnitedHealth’s Rocky Start To The New Year Offers A Contrarian Proposition – UnitedHealth Group (NYSE:UNH)

Feb 13, 2026 3:45 pm EST
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

What the Options Market Tells Us About Novavax – Novavax (NASDAQ:NVAX)

Aug 21, 2025 1:52 pm EDT

Apple Bets On ‘Air’ Power Over AI, And It Might Just Work – Apple (NASDAQ:AAPL)

Sep 2, 2025 9:07 am EDT

Lululemon, Broadcom And 3 Stocks To Watch Heading Into Friday – Lululemon Athletica (NASDAQ:LULU)

Dec 12, 2025 1:23 am EST

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2026. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?