In a drop that some economists are calling 'worrisome,' Canada’s labour market shed 84,000 jobs in February, one of the sharpest monthly declines seen outside the COVID-19 pandemic.
How do you think that would effect the economy. Assuming you liquidated Elon Musks Tesla stock it clearly will devalue Tesla stock as more stocks are sold off to fund consumption, which will deflate risky growth stocks far faster than consumer staple. Why would anyone then invest in AI, or Tesla, or anything risky that generates additional profit?
Maybe that wouldve prevented ai job disruption, ai bubble, building useless data centers that skyrocket climate change and at the end hiring drivers from philippines and call that AI self drive taxi
How do you think that would effect the economy. Assuming you liquidated Elon Musks Tesla stock it clearly will devalue Tesla stock as more stocks are sold off to fund consumption, which will deflate risky growth stocks far faster than consumer staple. Why would anyone then invest in AI, or Tesla, or anything risky that generates additional profit?
Maybe that wouldve prevented ai job disruption, ai bubble, building useless data centers that skyrocket climate change and at the end hiring drivers from philippines and call that AI self drive taxi
Well it just would be done elsewhere I think, and you’d be stuck doing low skilled labor as a society.