“History also suggests that the full consequences of AI for the labor market might not become apparent until a recession hits.”

Fuck these Goldman economists for pissing on our backs. A recession is a recession, a downturn is a downturn.

  • Bronzebeard@lemmy.zip
    24·
    3 days ago

    Because making it so the youth, especially young men (they’re suddenly finding themselves at a higher jobless rate than young women for the first time) cannot find jobs has never gone poorly for the wealthy elite who made those conditions happen before …

    • prole@lemmy.blahaj.zone
      3·
      3 days ago

      Worked out pretty fucking well for them the last, maybe even last two, times.

      It’s basically a fire sale for the uber-wealthy.