Capitalism, The Fed and Economic Policy

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  • mickeyrat
    mickeyrat Posts: 46,406
    Meta shares jump after Reuters report on plans for layoffs of 20% or more - https://www.reuters.com/business/meta-shares-jump-after-reuters-report-plans-layoffs-20-or-more-2026-03-16/
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  • PJ_Soul
    PJ_Soul Vancouver, BC Posts: 51,403
    And still, the technocrats keep telling people dumb enough or deep enough in denial to keep believing them that AI will ultimately create more jobs than it destroys. I see so many people genuinely thinking that is how it's going to play out, lol. It's quite irrational. 
    With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
  • tempo_n_groove
    tempo_n_groove Posts: 43,054
    PJ_Soul said:
    And still, the technocrats keep telling people dumb enough or deep enough in denial to keep believing them that AI will ultimately create more jobs than it destroys. I see so many people genuinely thinking that is how it's going to play out, lol. It's quite irrational. 
    Whenever I hear about someone saying that I know they are selling their AI platform.  That is the only person that believes that bullshit.