Top Economist Warns AI Could Triple Unemployment Within a Decade — ‘What We Are Living Through…Is Unprecedented’

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. AI-driven job disruption is moving faster than any technological shift in history, and Nobel Prize-winning economist Daron Acemoglu warns unemployment could triple within a decade if nothing changes. "What we are living through with AI is unprecedented," Acemoglu said in a "60 Minutes" interview, published by CBS News on Sunday. "The first phase of the Industrial Revolution took 80 years. Today it's taking place in one or two years," he said. Acemoglu said while AI training jobs do exist, "the number of people they're employing in these positions is small relative to the number of people who will be replaced.