Treasury’s Mnuchin is ‘out of touch with reality’ on A.I.’s job-destroying potential, billionaire says

Treasury's Mnuchin is 'out of touch with reality' on A.I.'s job-destroying potential, billionaire says

The U.S. workforce is about to undergo "unprecedented job destruction" as computers and robots get smarter, billionaire Jeff Greene told CNBC on Tuesday.

The founder of The Greene Institute, which holds an annual conference focusing on disruptive forces in the economy, took Treasury Secretary Steven Mnuchin to task for recently saying he’s not worried about artificial intelligence displacing jobs for at least 50 to 100 years.

On "Squawk Box," Greene said Mnuchin is "completely out of touch with reality."Greene argued that AI has the potential decimate the white-collar workforce of the future in a similar way automated factories replaced blue-collar workers […]

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