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Eric Risberg / AP

A future with self-driving cars has induced a lot of anxiety about a resulting loss of jobs, but in fact, they'll create tons more jobs, Silicon Valley investor Marc Andreessen said on Tuesday at Recode's annual conference in Southern California.

"The jobs crisis we have in the U.S. is that we don't have enough workers," said Andreessen.

Why it matters: With the country increasingly discussing the potential impact of automation and technology on the jobs, many are worried that "the robots" will take their jobs and displace millions of workers. Managing this fear and retraining workers are becoming high priority topics for lawmakers.

New jobs: When cars first came along, people were worried they'd result in the mass unemployment of those taking care of horses—like blacksmiths. But instead, cars created millions of new jobs manufacturing and maintaining them. What's more, the automobile gave rise to new activities and industries, such as going to the movies and paving roads, which created a whole set of new jobs. Self-driving cars will have the same effect, says Andreessen.

Not less, but more! Our economy's productivity growth is at its lowest, and there's not enough change and progression, says Andreessen. And this is why people are so depressed—they're not able to imagine a future. So we need more change, he adds.

The transition: With that said, "the transitions can be very painful," said LinkedIn co-founder and investor Reid Hoffman, who was on stage with Andreessen. "Let's try to make it work out in a way that's more humane."

Go deeper

Updated 2 hours ago - Health

CDC: Vaccinated people in COVID hotspots should resume wearing masks

CDC director Rochelle Walensky and top infectious disease expert Anthony Fauci at a Senate HELP committee hearing. Photo: J. Scott Applewhite-Pool/Getty Images

The Centers for Disease Control and Prevention issued updated guidance on Tuesday recommending that vaccinated people wear masks in indoor, public settings if they are in parts of the U.S. with substantial to high transmission, among other circumstances.

Why it matters: The guidance, a reversal from recommendations made two months ago, comes as the Delta variant continues to drive up case rates across the country. Millions of people in the U.S. — either by choice or who are ineligible — remain unvaccinated and at risk of serious infection.

Olympics medal tracker

Data: International Olympic Committee; Chart: Connor Rothschild/Axios
Bryan Walsh, author of Future
3 hours ago - Politics & Policy

U.S. students fell 4 to 5 months behind during pandemic

An empty classroom in Pinole, Calif. Photo: David Paul Morris/Bloomberg via Getty Images

Elementary school students in the U.S. ended the school year four to five months behind their expected level of academic achievement, according to a new report.

Why it matters: Months of school closures and often inferior remote education eroded what schoolchildren would have learned since the pandemic began, and caused some to go backwards.