An artificial intelligence transformation as profound as the Industrial Revolution is occurring. While I remain a firm believer in the enormous power and promise of AI to solve complex problems, such as curing diseases, I also believe we have a deep responsibility to keep our economy human centered.

Optimism is necessary, but without guardrails, it is negligence. We must heed closely the warnings of economists who echo Keynes’ prediction of “technological unemployment.” Today, this threat is underscored by institutions like Goldman Sachs and prominent academics such as MIT’s Nobel Prize winner, Dr. Simon Johnson, who warn of imminent and severe labor disruption. We are entering a period where AI’s efficiency is expected to eliminate jobs faster than the market creates new ones.

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(2) comments

Dirk van Ulden

Ray seems mostly worried about his base getting the hook because of AI. He even suggests that we park affected county employees somewhere, with pay and benefits, until they retire. Most interesting is his lack of concern about the cost to the taxpayers who will be stuck having to fund yet to be discovered services as if we don't already have enough regulators and bureaucrats who are never evaluated for performance or efficacy. Ray is out of his wheelhouse and should stick with issues assigned to the Board, ineffective as it is.

Ariolimax

Stick to core duties: budget wisely and deliver services effectively. AI industrial policy is emphatically not your job. Boards of Supervisors lack authority or expertise to dictate private-sector AI adoption. In the 1990s, governments wisely chose not to regulate or restrict job losses from internet and e-commerce adoption, allowing the Bay Area to unleash Silicon Valley's explosive growth and prosperity. Had local governments imposed heavy "guardrails" like today's AI proposals, we would never have built the world's leading tech economy here.

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