☆ Yσɠƚԋσʂ ☆@lemmy.mlM to

United States | News & Politics@lemmy.mlEnglish · 7 days ago

Jerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’

15

Jerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to

United States | News & Politics@lemmy.mlEnglish · 7 days ago

Jerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’ | Fortune

Powell said the Fed is walking a tightrope as AI-fueled investment props up growth but erodes hiring.

I guess AI is going to be how they’re going to explain the recession away. 🤷

Chat

TheReturnOfPEB@reddthat.com
link
fedilink
English
arrow-up
9·
7 days ago
Famine will be a tougher thing to explain away.
- altphoto@lemmy.today
  link
  fedilink
  arrow-up
  1·
  3 days ago
  Not if we tax the poor for drones.