cm0002@infosec.pub to United States | News & Politics@midwest.social · 3 days agoJerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’fortune.comexternal-linkmessage-square20fedilinkarrow-up1117cross-posted to: usa@lemmy.mlantiwork@lemmit.onlinetechnology@lemmit.online
arrow-up1117external-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 · 3 days agomessage-square20fedilinkcross-posted to: usa@lemmy.mlantiwork@lemmit.onlinetechnology@lemmit.online
minus-squareRentlar@lemmy.calinkfedilinkarrow-up5·3 days 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.