The Obnoxious Conceit Behind 'Recession' Warnings

At RiskHedge, Stephen McBride writes of “the biggest infrastructure buildout” ever as technology companies spend enormous sums to power AI advances that will result in the biggest worker-productivity surge since farmers were armed with tractors and fertilizer. Stop and think about it.

Never have advances in technology put people in breadlines, simply because technology that does for us (and that will think for us) is only technology insofar as it amplifies our skills. With AI, it will be as though every worker suddenly has countless assistants constantly lifting his or her work product, and without taking a break, the evening off, or vacations.

 

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes