Unexpected: Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class + More

We’ve certainly been talking a lot about the “AI Doomers” who insist that AI is all too likely to destroy humanity. However, even people who aren’t fully on board with the existential threat of AI do often say that, at the very least, it’s going to destroy jobs for most people, potentially creating huge problems. For years now, people have been arguing for universal basic income, in large part, because they think that automation and AI will take away everyone’s jobs. I mean, it was a core plank of Andrew Yang’s silly run for President.

Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class

Related:

[2017] “Another kick in the teeth”: a top economist on how trade with China helped elect Trump

David Autor believes both these things to be true: one, that Donald Trump’s diagnosis of trade with China as the source of woe for countless American workers was both accurate and a crucial part of his appeal on his march to the White House. And two, that Trump’s plan to help those workers by cracking down on trade is likely to backfire.

How much did Trump-era tariffs on China cost Americans? New US findings confirm ‘self-inflicted harm’

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

The United States faces a default on its debt in early June if a deal on the debt ceiling is not reached between the Biden administration and Republicans in Congress before then. House Speaker Kevin McCarthy is pushing for sweeping budget cuts and new work requirements for recipients of government programs, including Social Security, Medicare, Medicaid and SNAP. Notably, however, neither Republicans nor Democrats are proposing cuts to one of the biggest drivers of the nation’s debt: the massive U.S. military budget. “We’ve got to get this military-industrial lobby under control, but it’s hard to do, because it’s a bipartisan affair,” says our guest, economist Jeffrey Sachs, whose recent article is headlined “America’s Wars and the US Debt Crisis.

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

Previously:

The War in Ukraine Was Provoked—and Why That Matters to Achieve Peace

Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine

At a press conference Sunday following the G7 summit in Hiroshima, Japan, President Joe Biden called on Republican House Speaker Kevin McCarthy to meet face to face to revive talks on a bipartisan plan to slash social spending in return for raising the nation’s debt ceiling and averting a default.

Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine

Hospitals in Two States Denied an Abortion to a Miscarrying Patient. Investigators Say They Broke Federal Law.

Doctors told her she might die but she couldn’t have an abortion under state law until she got sicker, documents show. The Biden administration says failing to act violates a federal law requiring hospitals to provide emergency care.

Hospitals in Two States Denied an Abortion to a Miscarrying Patient. Investigators Say They Broke Federal Law.

Raising Social Security’s retirement age would slam low-wage workers yet again

A proposal by Sens. Angus King (I-ME) and Bill Cassidy (R-LA) to raise the Social Security retirement age to 70 would be a massive benefit cut, particularly affecting low-wage workers. If Congress enacts it, millions more Social Security taxpayers would not live long enough to collect a cent in retirement benefits.

Raising Social Security’s retirement age would slam low-wage workers yet again

Related:

Social Security Solvency: Raised Retirement Age More Likely as Congress Fails to Compromise

FDA Cracks Down on Animal Tranquilizer That Is Sometimes Mixed With Fentanyl

FDA Cracks Down on Animal Tranquilizer That Is Sometimes Mixed With Fentanyl

This is why fentanyl is used in black-market opioids in the first place. Users did not demand a substance that is 40 times more potent than heroin for recreational use; prohibitionist policies made it more challenging to procure pain medication, leading pain patients to seek out heroin. Heroin, however, is a crop drug, which makes it expensive to produce, ship, and buy. Fentanyl is synthetic, making it cheaper to produce, ship, and buy. When the law makes it harder to get legal pain pills, everybody adapts, and you get illegal fentanyl with no quality control.

Related:

The opioid crackdown leaves chronic pain patients in limbo

They Call Me a Drug Seeker. Here’s What Their Opioid Policies Did to Me.

The new CDC guidelines aren’t much better.

Tucker Carlson is no populist…

Watch: Tucker Carlson repeatedly attacks Medicare and Social Security

…unless right-wing populists now think that Grandpa & Grandma should live on the street, eating kitty food!

Related:

Right-wing populism:

Right-wing populism in the Western world is generally associated with ideologies such as anti-environmentalism, anti-globalization, nativism, and protectionism. In Europe, the term is often used to describe groups, politicians, and political parties generally known for their opposition to immigration, especially from the Muslim world, and for Euroscepticism. Right-wing populists may support expanding the welfare state, but only for those they deem fit to receive it; this concept has been referred to as “welfare chauvinism”.

Right-wing populists and welfare chauvinism:

According to welfare chauvinists, the safety nets of the welfare state are for those whom they believe belong in the community. By the right-wing populist standard, affiliations with society are based in national, cultural and ethnic or racial aspects. Considered to be included in the category are those that are regarded as nourishing. The debilitating group (primarily immigrants) is considered to be outside of society and to be unjustly utilizing the welfare system. In essence, welfare chauvinists consider immigration to be a drain on societal scarce resources. They believe these resources should be used for the ethnically homogeneous native population, preferably children and the elderly.