To what extent do you think AI is responsible for the slowdown in jobs?
To what extent do you think AI is responsible for the slowdown in jobs?
👤 toomuchtodo Accepted Answer ✓
Not at all. Layoffs are attempts to improve profitability in a macro with a ~5% target rate. When the Fed decides to lower rates in the next 12-18 months, it’s going to stoke the labor market further.