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Jerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’ (fortune.com)

submitted 5 days ago by cm0002@infosec.pub to c/usa@midwest.social

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[–] The_Che_Banana@beehaw.org 7 points 4 days ago

The economy is based on the volume/speed of transactions, this is still propping up the economy.....until it doesn't.

and then, whoopsie, all the guys who shorted the economy gain (again) and the shit hits the fan all the 1% buy up the collateral damage, and you get cold ramen in your car, which is now your home.