ABC News: Top Stories | Artificial intelligence could eliminate thousands of jobs in New York City: Report

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New York City Comptroller Mark Levin warned that artificial intelligence could displace thousands of workers in the nation’s largest metropolis as early as this year, while also acknowledging the technology’s potential to boost productivity and growth. In a city‑focused report adapting Moody’s national AI scenarios, Levin outlined five possible outcomes—from a moderate “AI‑empowered economy” adding about 52,000 jobs annually to a pessimistic “AI falls flat” scenario that could cost roughly 52,500 jobs in 2026—assigning each a likelihood and stressing the uncertainty of AI’s overall impact. He called for urgent local action, including a multi‑billion‑dollar financial cushion and policies that complement federal efforts, arguing that New York must actively shape its AI future rather than leaving the transformation to Silicon Valley or Washington.

Read more: https://abcnews.com/Business/artificial-intelligence-eliminate-thousands-jobs-new-york-city/story?id=133181521

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