AI and the Coming Jobless Economy
AI will make most of us poorer and a few fabulously wealthy — unless its productivity gains are allocated fairly. Here’s what we should we be considering now.
Friends,
May I be candid with you about the U.S. economy? It’s growing nicely, and the stock market has soared. But on what really counts to most Americans — jobs and wages — it’s shitty.
The Bureau of Labor Statistics reported this morning that employers added 130,000 jobs in January. That’s not bad until you see that health care accounted for more than…
