A hub for independent voices and hard truths
Jensen Huang rejects claims that AI is driving layoffs, calling the narrative “too lazy” He says the timing does not make sense, arguing AI has only recently become useful “AI just arrived. How is it possible they’re already losing jobs?” …
Let me tell you why this Goldman Sachs headline is the most dangerous one you’ll read today.. Companies spent $450 billion on AI last year.. fired tens of thousands of people to “restructure around AI”.. replaced entire departments with chatbots.. …
For those arguing the GDP data "isn't that bad" due to the gov't shutdown, the ACTUAL data DISAGREES. The GDP Deflator came in at 3.6% – meaning most of the 1.4% GDP was inflation, NOT real growth. Forget the shutdown …
AI productivity bubble: Early adopters are already burning out. “There will be a wake up call and a reckoning for entire sectors who are adopting AI.” Natasha Bernal. pic.twitter.com/raHUrKMIgp — Ewan Morrison (@MrEwanMorrison) February 17, 2026 The market is EXTREMELY …
There was a time when my weeks all felt the same. Monday came and went, dragging into Tuesday. Friday seemed forever away. I was working hard, but by the weekend I was so worn out I couldn’t really enjoy it. …
Inflation-adjusted hourly compensation is down 5.2% since the final quarter of '20 and is unchanged from a year ago, despite an increase in productivity and higher nominal pay: pic.twitter.com/1goh8soIMQ — E.J. Antoni, Ph.D. (@RealEJAntoni) August 1, 2024 US CPI inflation …
by confoundedinterest17 Fed Chair Powell yesterday said he doesn’t see the “stag” in stagflation. Really? Well, in Q1 in the US… it failed to show up as non-farm productivity – or nonfarm employee output per hour – rose at a measly 0.3% …
Amidst concerns over global economic challenges, Swiss National Bank Chairman Thomas Jordan emphasizes the imperative of maintaining price stability in monetary policy. His remarks shed light on pressing issues such as low growth, high debt levels, and the urgent need …
A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades. In a speech, …
Forget the resume — Gen Z thinks you should hire them for their personalities. According to the youngest generation in the workforce, their humor and wit provides a certain vibrance older employees apparently lack. They’ve even invented a term — …
via Mike Shedlock: Expanding benefits, especially more vacation time and paid family leave, helps explain job shortages and declining productivity. Hours worked and paid from Atlanta Fed, annotations by Mish During the Pandemic, Average Hours Rose. And Fell. The Atlanta …