JPMorgan Chase CEO Jamie Dimon gave an interesting assessment of artificial intelligence and its impact on the workforce during a recent Fortune event, warning that AI could displace jobs rapidly while also providing substantial business value. “It will eliminate jobs. I think people should stop sticking their head in the sand. Tractors did, cars did, ... Read more

Vast majority of people are facing economic disaster? Have no fear though: rich people won’t have to be giving up the silver spoons in their mouths.

  • traceur402@lemmy.blahaj.zone
    121·
    11 days ago

    As far as I can tell the AI thing is an excuse; the jobs are really being cut because we’re reaping a harvest of policy so bad it’s indistinguishable from sabotage, and the AI thing is being used to ease the fall without spooking investors straight into a stock market crash