cm0002@infosec.pub to United States | News & Politics@midwest.social · 1 month ago

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

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

cm0002@infosec.pub to United States | News & Politics@midwest.social · 1 month ago

cross-posted to:
usa@lemmy.ml

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.

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1 month ago
This reminds me of the worst of Janet Yellen. You’re going down in history with Eugene Meyer and Herbert Hoover Jpow.

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