cm0002@infosec.pubM to United States | News & Politics@midwest.social · 11 months agoJerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’fortune.comexternal-linkmessage-square9linkfedilinkarrow-up187arrow-down10
arrow-up187arrow-down1external-linkJerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’fortune.comcm0002@infosec.pubM to United States | News & Politics@midwest.social · 11 months agomessage-square9linkfedilink
minus-squareRentlar@lemmy.calinkfedilinkarrow-up5·11 months 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.