This is a good thing right? I mean, at least these people will finally be able to spend more time with their families instead of slaving at a job for some rich greedy business owner...
Maybe and Maybe Not. Stansberry Conference last month in Vegas pretty much poo pooed the idea of recession. Said people have tons of $$$$$$ just sitting in deposit accounts.
Funny, I heard people have their credit cards maxed out just to pay their bills. Experts, 180 degrees off from each other’s predictions.
Do they take in account for all jobs lost( non essential) from the pandemic in these numbers for jobs created?
We are in the midst of a genuine global reset, which started long before Covid.
The fake pandemic accelerated the process.
In fields and professions that are data-centered (insurance and finance are big ones) AI will continue to replace human workers. As workers leave or retire they won’t be replaced.
Even in fields that are not data-driven, AI has beneficial uses. The entertainment industry uses AI for simple-to-more complex writing tasks.
In order to not cause widespread panic (ironic because tptb love causing panic), we’ll see a gradual reduction in the overall availability of employment. Everywhere.
That’s why universal basic income is being pushed.
It’s the new normal.