cm0002@infosec.pub to United States | News & Politics@midwest.social · 1 month agoJerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’fortune.comexternal-linkmessage-square21fedilinkarrow-up1113arrow-down10cross-posted to: usa@lemmy.ml
arrow-up1113arrow-down1external-linkJerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’fortune.comcm0002@infosec.pub to United States | News & Politics@midwest.social · 1 month agomessage-square21fedilinkcross-posted to: usa@lemmy.ml
minus-squareRentlar@lemmy.calinkfedilinkarrow-up5·1 month agoMy takeaway from all this is that John Maynard Keynes’ concept of money velocity is correct, except this time it’s companies of one industry whipping money and future promises of money back and forth to each other.
My takeaway from all this is that John Maynard Keynes’ concept of money velocity is correct, except this time it’s companies of one industry whipping money and future promises of money back and forth to each other.