American politicians are calling on Congress to address potential job losses caused by artificial intelligence. They’re concerned that increasing automation could lead to widespread layoffs, and recent data and warnings from bank leaders are adding to the urgency.
Senators Elizabeth Warren and Bernie Sanders led the latest calls.
Warren and Sanders Push Washington for Protections
Warren stated that Congress needs to act immediately to protect workers, rather than waiting years to assess job losses. She believes current protections are needed now.
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Artificial intelligence is rapidly changing things, and we need to respond now. We can’t afford to wait and see how many people lose their jobs or have their lives disrupted. It’s time for Congress to act.
— Elizabeth Warren (@ewarren) June 7, 2026
Sanders went further, blaming industry money for the stalemate.
Many workers fear losing their jobs to advancements in AI and robotics, but Congress isn’t taking action. This is likely because the AI industry is spending heavily on political campaigns through super PACs. We need to prohibit super PACs and address political corruption to fix this.
Worries about the impact of AI aren’t limited to one political party. Republican Senator Josh Hawley has been vocal about the potential for job losses, pointing to a report in The Economist which found that almost 20% of American workers fear their jobs could be replaced by AI or automation.
Hawley argued that such fear should not be brushed aside with promises of long-term gains.
I think it’s crucial to acknowledge the real anxieties people are feeling right now, and not just dismiss them with talk of future gains. While it’s correct that economic progress isn’t always a loss for everyone – automation in one area could create jobs in another – that doesn’t invalidate those immediate concerns.
AI Layoffs Rise as Banks Signal Deeper Cuts
Recent data reveals that artificial intelligence is linked to a growing number of job losses in the US. In May alone, 38,579 jobs were cut due to AI – the highest monthly number recorded so far. This year, companies have attributed 87,714 job cuts to AI, surpassing the total number of AI-related layoffs for all of last year, which was 54,836.
The impact of AI is now being felt across many industries. Jamie Dimon, CEO of JPMorgan, believes AI will lead to job losses, and Jane Fraser, CEO of Citigroup, anticipates some positions will no longer be needed.
Debasish Patnaik at QuantumBlack AI reports that banks are significantly cutting back on their entry-level analyst hiring, with some classes being reduced by as much as 66%.
According to BeInCrypto, Standard Chartered intends to reduce roles in corporate departments by over 15% by 2030, driven by increasing use of artificial intelligence. Customer service positions are also likely to be affected by these changes.
It’s happening. There are about 2.9 million customer service workers in the US.
— Andrew Yang🧢⬆️🇺🇸 (@AndrewYang) June 7, 2026
Not everyone is worried about AI taking over jobs. David George, a partner at Andreessen Horowitz, believes the idea of an ‘AI job apocalypse’ is a false one. Economist Tyler Cowen agrees with this viewpoint.
He believes AI empowers small teams to achieve much bigger results. This change, he suggests, will likely lead to the creation of more businesses, projects, and charitable organizations.
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2026-06-08 07:38