A year or so ago Goldman Sachs predicted 300 million job losses as a result of AI.
Might be coming true:
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The AI got the jobs direction correct, as the employment report just issued so ugly that Trump FIRED the head of BLS for supposedly cooking the books to make him look bad.
The revision was unusually huge and bad, but the current situation is as well.
I hope our “minder” understands that when politicians lie big time about crux METAR statistics, we need to discuss it. I, myself, with my intense anti current guy bias, am sorry that we have come to this pass. I pray the professional data compilers stay true despite this extremely ugly move.
Buckle you seatbelts, we are in for a dangerously bumpy ride, and I am not referring to just the DOW.
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