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Why AI May End Labor Protections And Become Your New Employer: Robert Reich

Americans may soon be working for artificial intelligence platforms says former secretary of labor, Robert Reich. In this episode of "The Bottom Line," Reich explains how AI will create a system where workers bid for jobs, why universal basic income may be necessary and how developed nations need growth to reach environmental goals. Chapters: 00:00 — Introduction 00:18 — Workers 01:54 — Artificial intelligence 04:45 — Universal Basic Income 05:36 — Inflation 06:45 — Recession 07:38 — Inequality 09:33 — Shareholder capitalism 11:03 — Environment 11:56 — Threat to companies 12:23 — Leading economy Produced, Shot and Edited by: Mark Licea Additional Camera by: Jack Hillyer Supervising Producer: Lindsey Jacobson » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC Why AI May End Labor Protections And Become Your New Employer: Robert Reich

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