
“Job creation is almost zero” — Federal Reserve chief admits that AI is freezing hiring across the U.S.
by SudhaSameera

“Job creation is almost zero” — Federal Reserve chief admits that AI is freezing hiring across the U.S.
by SudhaSameera
3 comments
It has absolutely nothing to do with AI. That’s just a euphemism for “we’re crippled with fear that our idiot president will do something dumb that will be an existential threat to our business, but we’re not allowed to say so or he’ll have a bitch fit.”
Are we sure that it’s because of AI? It could be a standard recession that is being masked by massive AI investments (that generate growth but little employments).
Not AI, shitty economics
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