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US News@lemmygrad.mlEnglish · 2 months ago

Jerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’ I guess AI is going to be how they're going to explain the recession away. 🤷

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Jerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’ I guess AI is going to be how they're going to explain the recession away. 🤷

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to

US News@lemmygrad.mlEnglish · 2 months ago

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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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