AI And The End Of Recessions As We Know Them

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News Source : Forbes

News Summary

  • Artificial intelligence can propel the economy forward even if unemployment soars.
  • If that happens, economists will need to rethink the idea that a growing economy is a healthy one.
  • Since the Great Depression, GDP has been the main measure of economic health.
  • If AI allows companies to produce more with fewer workers, America could end up looking richer on paper while millions of households feel poorer in real life.
  • The old signals stopped lining up the way they once did.
  • The economy looked sick because the economy was sick.
Ken Griffin wasnt buying the AI panic.

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