Close Menu
Crypto Journal PostCrypto Journal Post
  • Home
  • Bitcoin
  • Blockchain
  • Ethereum
  • Forex
  • Mining
  • News
  • NFT
  • Tether
What's Hot

Tether earns $1.5B in Q2 as US Treasury holdings gasoline earnings

August 1, 2026

Bulls eye 0.6000 after SMA break

August 1, 2026

VC-backed IPOs hit a document 2026, however the aftermath is dimmer

August 1, 2026
Facebook X (Twitter) Instagram
Crypto Journal PostCrypto Journal Post
  • Home
  • Bitcoin

    Tether earns $1.5B in Q2 as US Treasury holdings gasoline earnings

    August 1, 2026

    Upbit Rebalances 864B SHIB In Inside Pockets Transfer

    August 1, 2026

    Pump.enjoyable laid off staff earlier than they obtained tens of millions in PUMP tokens: Report

    August 1, 2026

    Uniswap Launches Tab Goals To Clear Up Token Discovery

    August 1, 2026

    Fiat Infrastructure Limits Stablecoin Remittance Effectivity

    July 31, 2026
  • Blockchain

    Solana (SOL)’s RWA Ecosystem Hits $3.7B, 313K Holders Bolster Development

    August 1, 2026

    xAI Expands Grok Think about Video 1.5 with Textual content, Picture, and Voice Inputs

    August 1, 2026

    NVIDIA Optimizes AI Consideration for Lengthy-Context Inference

    July 31, 2026

    Google Unveils Glanceboard App for Stress-Free Morning Routines

    July 31, 2026

    Ripio Launches wFIAT Stablecoins on Celo with No-Value On-/Off-Ramps

    July 31, 2026
  • Ethereum

    Ethereum Quantum-Proof Account Proposal May Make Pockets Safety Low-cost

    June 15, 2026

    XRP Eyes $1.20 Breakout As Upbit Flows Hit Highest Share Since Might 2024

    June 15, 2026

    Ethereum Ecosystem Milestone: On-Chain Exercise Throughout The Community Explodes To Historic Ranges

    June 12, 2026

    Ethereum Whales Keep Lively As Retail Participation Collapses – Historical past Affords A Clue

    June 11, 2026

    Ethereum By no means Reached A Key Bull Market Mark This Cycle

    June 10, 2026
  • Forex

    Bulls eye 0.6000 after SMA break

    August 1, 2026

    EUR/USD Evaluation for July 31, 2026: Euro Bulls Face a Key Breakout Check

    August 1, 2026

    investingLive Americas FX information wrap 31 Jul; It is a wrap for the month of July

    August 1, 2026

    US and Israel plan to assault Iran’s power infrastructure – CBS Information

    August 1, 2026

    Monetary & Foreign exchange Weekly Recap: July 27 – 31, 2026

    July 31, 2026
  • Mining

    Free Cloud Mining Instruments for New Crypto Customers in 2025

    November 26, 2025

    China’s Bitcoin Hashrate Jumps To 14%, Securing third Place Globally

    November 26, 2025

    High 10 Free Crypto Mining Web sites: Newbie-Pleasant Platforms With Actual BTC Earnings

    November 26, 2025

    Residents vow to proceed struggle in opposition to crypto mining noise

    November 26, 2025

    Bitcoin miner CleanSpark experiences report income for FY 2025 amid broader AI shift

    November 26, 2025
  • News

    S&P Downgrades Tether’s USDT Stability to ‘Weak’ Because of Bitcoin Backing Issues

    November 26, 2025

    Tether’s Capacity to Maintain Greenback Peg Rated ‘Weak’ by S&P

    November 26, 2025

    Tether’s USDT stability rating lower to 'weak' stage as S&P says reserves can’t take up bitcoin drop

    November 26, 2025

    JPMorgan reveals new Bitcoin goal amid market pullback

    November 26, 2025

    Bitcoin evaluation sees $89K brief squeeze with S&P 500 2% from all-time excessive — TradingView Information

    November 26, 2025
  • NFT

    Technique Posts $8.2 Billion Q2 Internet Loss as Bitcoin Hunch Cuts Holdings Worth

    August 1, 2026

    Axis Robotics Raises $12M to Crowdsource Robotic Coaching Information Axis Robotics Raises $12M to Crowdsource Robotic Coaching Information

    July 31, 2026

    MoonPay Launches PayBox, Letting ChatGPT and Claude Flip Prompts Into Crypto Funds

    July 31, 2026

    SEC Able to Write Crypto Guidelines if CLARITY Act Stalls, Chair Atkins Says

    July 31, 2026

    Galaxy Expands AI Knowledge Heart Footprint With 500-Acre Texas Campus

    July 30, 2026
  • Tether

    Tether Q2 revenue hits $1.5B as USDT provide grows

    July 31, 2026

    Visa CEO downplays Open USD menace to Tether and USDC

    July 30, 2026

    Tether USAT launches on Celo as second mainnet

    July 29, 2026

    Tether indicators Nairobi trade tokenization MoU

    July 29, 2026

    Tether’s American twin grew 540%. It’s nonetheless 0.08%

    July 28, 2026
Crypto Journal PostCrypto Journal Post
Home»Business»Congress wrestles with AI job fears amid requires federal guardrails
Business

Congress wrestles with AI job fears amid requires federal guardrails

EditorBy EditorFebruary 13, 2026No Comments5 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Congress wrestles with AI job fears amid requires federal guardrails
Share
Facebook Twitter Pinterest Email Copy Link


FOX Enterprise’ Darren Botelho reviews as two males from Pennsylvania pleaded responsible to allegedly travelling to Minnesota to defraud the state Housing Stabilization Providers program on ‘Varney & Co.’

As synthetic intelligence modifications how Individuals do their jobs, a rising debate is unfolding in Washington over what it means for employees’ futures.

Congress has but to cross sweeping AI laws, however lawmakers are intently watching because the expertise evolves at breakneck pace.

That urgency intensified this week after a viral X put up from Matt Shumer, CEO of HyperWriteAI, racked up greater than 75 million views and over 100,000 likes, warning of huge white-collar job disruption.

Rep. Jay Obernolte, R-Calif., says the considerations are value discussing, however not panicking over.

“I feel it is one thing that is wholesome to speak about,” Obernolte informed FOX Enterprise. “The put up says, essentially, we must be afraid as a result of AI goes to be disruptive and there is going to be quite a lot of job displacement – that’s one thing we all know to be true.”

INSIDE THE TRUMP ADMINISTRATION’S AI ‘TECH FORCE’ DESIGNED TO MODERNIZE THE GOVERNMENT

Home Analysis and Know-how Subcommittee Chairman Jay Obernolte, R-Calif., presided throughout a listening to within the Rayburn Home Workplace Constructing on Capitol Hill on Jan. 14, 2026, in Washington, D.C. (Chip Somodevilla/Getty Pictures)

Obernolte, the one member of Congress with a graduate-level diploma in synthetic intelligence – he earned his grasp’s diploma from UCLA and has studied the sphere for greater than three many years – additionally based a online game growth firm.

However he sharply disagrees with the premise that AI will completely shrink the workforce.

“The opposite factor that [the post] says is persons are going to have fewer jobs because of synthetic intelligence,” he mentioned. “The historic file says that that’s completely not true.”

Pointing to previous technological revolutions, from the printing press to the web, Obernolte argued innovation has all the time disrupted industries however finally created extra jobs than it destroyed. He believes AI will observe the identical sample.

Nonetheless, he acknowledged that displacement is coming.

“There will likely be job displacement. We have to re-skill the employees which can be in industries with that job displacement and equip them with the talents that they want to reach different industries,” he mentioned, including that “we’re going to want a social security internet as a result of there will likely be people who fall via the cracks.”

US Capitol building with AI symbol

A rising debate is unfolding in Washington over what developments in AI imply for employees’ futures. (Greggory DiSalvo/Getty Pictures)

Obernolte, who served as co-chair of the Home Synthetic Intelligence Process Pressure, famous the panel’s bipartisan 250-page report launched in December 2024 laid out suggestions for workforce retraining and regulatory guardrails. However little of it has turn out to be legislation amid partisan gridlock and tight margins.

“It is important that we get handed this yr a federal regulatory framework for AI that makes it clear the place the state lanes for AI regulation are, the place the federal lanes are, and the place the 2 intersect,” he mentioned.

“That is one thing that’s going to be critically essential to guarantee that everybody understands what the guardrails are, and to make sure that Individuals have some security protocols in place to guard themselves in opposition to the malicious use of AI.”

PHILADELPHIA MEN TRAVEL TO MINNEAPOLIS TO CARRY OUT $3.5M “FRAUD TOURISM” SCHEME: DOJ

And considerations about that malicious use are rising.

A Deloitte research predicted generative AI may assist drive U.S. fraud losses as excessive as $40 billion subsequent yr.

Simply this week, the Justice Division introduced that two Pennsylvania males admitted to touring to Minneapolis to defraud Minnesota’s Housing Stabilization Providers program, allegedly stealing roughly $3.5 million through the use of synthetic intelligence to generate falsified data – what authorities described as “fraud tourism.”

“That’s the largest draw back of AI: the way in which that it enhances the productiveness of malicious human actors,” Obernolte warned, arguing that the federal government has a transparent position in responding.

However not everybody on Capitol Hill shares his optimism.

Sen. Elizabeth Warren, D-Mass., cautioned that the financial fallout may very well be extreme if policymakers fail to arrange.

“I’m deeply involved about AI and what it will imply when individuals exit in the future for lunch and are available again and their jobs aren’t there anymore, and that that occurs to hundreds of thousands and hundreds of thousands of individuals. Now could be the second once we must be making ready,” Warren informed FOX Enterprise.

ELON MUSK SLAMS ANTHROPIC AI IN SOCIAL MEDIA POST

Preparation, she argued, should embrace each guardrails on how AI is deployed and protections for households combating rising prices.

Elizabeth Warren speaking.

U.S. Senator Elizabeth Warren (D-MA) questions witnesses throughout a Senate Banking, Housing, and City Affairs Committee listening to within the wake of latest financial institution failures, on Capitol Hill in Washington, D.C., Might 18, 2023. (Evelyn Hockstein/Reuters)

Pressed on what large-scale displacement may imply for the center class, Warren – the rating member of the Senate Banking Committee – issued a stark warning.

“We misplaced greater than 100,000 manufacturing jobs final yr,” she mentioned. “If AI is available in on high of that and actually wipes out the earnings for hundreds of thousands of households, we will see a full-blown disaster proper right here on this nation. If the dangerous climate is threatening on the market, now’s the time to arrange for it.”

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Regardless of these warnings, Obernolte stays bullish.

“AI will shortly be – if it’s not already – probably the most highly effective software for enhancing human productiveness mankind has ever created,” he predicted, calling it a driver of financial development and prosperity.

His recommendation for white-collar employees uneasy in regards to the subsequent 5 years?

“Get acquainted with AI,” he mentioned. “As a result of when you get used to utilizing AI… then you are going to be extra worthwhile than the individuals round you.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Editor
  • Website

Related Posts

Business

VC-backed IPOs hit a document 2026, however the aftermath is dimmer

August 1, 2026
Business

USDA points Costco frozen burrito alert over undeclared egg allergen

August 1, 2026
Business

Explainer-As sargassum seaweed piles up, Caribbean bets on boats, limitations and biofuel

August 1, 2026
Business

Need to commerce SpaceX for Apple? 1inch says skip the {dollars}

August 1, 2026
Business

OCC and FDIC suggest CRA reforms concentrating on activist group funding

July 31, 2026
Business

What Makes MACOM Expertise (MTSI) a Resilient Participant in Excessive-Development Markets?

July 31, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Tether earns $1.5B in Q2 as US Treasury holdings gasoline earnings

August 1, 2026

Bulls eye 0.6000 after SMA break

August 1, 2026

VC-backed IPOs hit a document 2026, however the aftermath is dimmer

August 1, 2026

Solana (SOL)’s RWA Ecosystem Hits $3.7B, 313K Holders Bolster Development

August 1, 2026
Latest Posts

Subscribe to News

Get the latest sports news from NewsSite about world, sports and politics.

CryptoJournalPost is your trusted daily source for insightful, accurate, and up-to-date news in the fast-moving world of cryptocurrency and blockchain.

Latest Posts

Tether earns $1.5B in Q2 as US Treasury holdings gasoline earnings

August 1, 2026

Bulls eye 0.6000 after SMA break

August 1, 2026

VC-backed IPOs hit a document 2026, however the aftermath is dimmer

August 1, 2026

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2026 Crypto Journal Post. All rights reserved
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service

Type above and press Enter to search. Press Esc to cancel.