The media tell us Artificial Intelligence will replace millions of jobs. They’re right, but that doesn’t mean we should fear it.

————
To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
————

The Teamsters are protesting self-driving cars, asking government for more regulation, hoping to stop AI vehicles from taking delivery, taxi-driver and truck-driver jobs.

That’s a fight that they can’t win.

Loom weavers, typists, telephone operators, bank tellers, and many other jobs were destroyed because of new technology.

It won’t stop happening, and AI will make it happen faster.

But as people lose jobs, remember that so far, this creative destruction has led to people finding new, better jobs. Unemployment has been dropping, and wages keep going up!

If history is any indication, AI will be a good thing.

** Technical advice from Mark Palmer **