Question

What do you recommend we should do to deal with the hypothetical job dislocations that could result from automation? Are government programs or regulations needed? If you don’t think anything should be done, explain why.

Answer 1

Workers today face significant concerns about the potential for automation and artificial intelligence developments, in addition to existing worries about trade and globalization. Nevertheless, following ten years of economic growth and a historically low rate of unemployment, one in ten U.S. employees believe they are going to be laid off by 2020

Going on to a comprehensive system for permanently unemployed employees by extending TAA to compensate job losses from trade, technology, and significant policy changes. Automation qualification will be based on a U.S .- conserved list of impacted occupations. Department of Labor and details provided by a company or individual application on a specific separation. Policy approval will be dependent on a policy mechanism that Congress passed into law.

Reform the lengthy community petitioning process to obtain eligibility for TAA by providing for categorical certification of employees in industries seriously affected by trade (as demonstrated by numerous TAA petitions or complaints from the United States International Trade Commission).

Trade Improvement Assistance will go beyond being a one-size-fits-all scheme, providing the most generous benefits of retraining. Instead, the system would encourage employees to retrain in programs with proven outcomes, or receive help with their prior skills in searching for a job, and in some cases use benefits to transition into retirement. Workers will have access to at least fifty-two weeks of extended unemployment insurance (trade readjustment payments, or TRA) and an additional fifty-two weeks to complete a training programme, irrespective of policy choices.