☆ Yσɠƚԋσʂ ☆@lemmy.mlM to

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

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

8

14

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 days ago

8

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
8·
2 days ago
Famine will be a tougher thing to explain away.