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Lugh@futurology.todayM to Futurology@futurology.todayEnglish · 1 month ago

US Federal Reserve Chair Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’

finance.yahoo.com

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US Federal Reserve Chair Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’

finance.yahoo.com

Lugh@futurology.todayM to Futurology@futurology.todayEnglish · 1 month ago
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Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’
finance.yahoo.com
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Powell said the Fed is walking a tightrope as AI-fueled investment props up growth but erodes hiring.
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  • CannonFodder@lemmy.world
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    1 month ago

    AI + financial instability + random tariffs + unpredictable governance.

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