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Home Cryptocurrency

The AI Job Squeeze: How Artificial Intelligence Has Eliminated Over 126,000 Roles in the US

by theadvisertimes.com
2 hours ago
in Cryptocurrency
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The AI Job Squeeze: How Artificial Intelligence Has Eliminated Over 126,000 Roles in the US
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Key Takeaways

As of June 10, The Alliance for Secure AI Action tracked 126,510 U.S. jobs lost, next driving AI market fears.Brendan Steinhauser warned that AI firms hoard wealth, while 40% in a February Pew survey fear market harm.Bernie Sanders introduced an AI fund act to next share 50% market ownership with the public.

The Alliance for Secure AI Action Calls For Action As AI Keeps Taking Jobs

While industry figureheads have recently backed down on their estimations that artificial intelligence (AI) would cause a job apocalypse, the tech has maintained its advance by reportedly replacing positions due to the inclusion of AI in workplaces.

The Alliance for Secure AI Action, a nonprofit that focuses on explaining the challenges of AI implementation, reported that as of 10 June 2026, 126,510 positions have been replaced or eliminated by the inclusion of AI in workplaces in the U.S. alone.

The jobloss.ai portal, managed by the alliance, has collected this information since January 2025, examining 49 reports across 16 industries in the U.S. The alliance claims its objective is to warn about the global impact and transformative potential of AI technology, with both positive and negative implications.

This constitutes a rise of nearly 30K positions replaced or lost by AI since March, an acceleration of the process that has US citizens worried. According to a Pew Research Center survey conducted in February, four in ten U.S. adults say AI will hurt society over the next 20 years.

Brendan Steinhauser, CEO of the alliance, stresses that AI companies are aware of their unpopularity and are concerned about the wealth and power they amass.

“We will not have a stable society if massive amounts of wealth are created and then concentrated in the hands of a small, technocratic elite that looks very much like an oligarchy,” he stressed on social media, highlighting it would be smart for the industry to “make sure the American people benefit from the profits they are amassing.”

Sen. Bernie Sanders has also been criticizing how “slow-moving” Congress has been in trying to rein in and gain control of these issues. Sanders recently introduced the controversial American AI Sovereign Wealth Fund Act, which would give the public 50% ownership of key U.S.-based AI companies.



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