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United States | News & Politics@lemmy.mlEnglish · 22 days 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 · 22 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. 🤷

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22 days ago
Famine will be a tougher thing to explain away.