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United States | News & Politics@lemmy.mlEnglish · 2 months ago

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

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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 · 2 months 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. 🤷

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TheReturnOfPEB@reddthat.com
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2 months ago
Famine will be a tougher thing to explain away.
- altphoto@lemmy.today
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  2 months ago
  Not if we tax the poor for drones.