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Stock impact report

AI fuels blue-collar productivity boom across manufacturing, Palantir technology chief tells Fox Business [FOX Business Network]

Palantir Technologies Inc. - Class A (PLTR) 
Palantir chief technology officer Shyam Sankar told FOX Business that artificial intelligence (AI) is fueling a blue-collar productivity boom – not mass unemployment as forecast by Sen. Bernie Sanders, I-Vt. – and said AI is accelerating hiring, training and American industrial growth. Sankar was a guest on "The Bottom Line" on Wednesday, where he stressed the underreported reality that AI's biggest gains are showing up not just among software developers but also among front-line workers like ICU nurses and factory technicians. His interview came a day after Sanders called for a slowdown in AI development and raised the alarm about potential mass unemployment in a video posted on X. In the video, Sanders questioned how people will survive if they do not have any income because AI and robotics may create "massive unemployment" by eliminating "millions of jobs." "We need all of our people, all of the people involved in determining the future of AI, and not just a handful of mul Show less Read more
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