Artificial intelligence will create a new system that could drastically transform the employer and employee relationship, according to former Secretary of Labor, Robert Reich.
In an interview with CNBC, Reich discussed how AI will have a profound impact on middle-class workers, creating an impetus for a universal basic income.
The University of California at Berkeley professor also explained that growth is a necessary step to reach environmental goals.
Reich said that AI will increase efficiency and productivity, pressuring the advent of a universal basic income to fuel the economy.
It's the poorest countries that are having the most difficulty adjusting," Reich said.
Persons:
Robert Reich, Reich, you've
Organizations:
Labor, CNBC, University of California
Locations:
Berkeley