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So when ai bubble 🫧 bursts, thousands of companies will have priced in the use of ai vs humans

And then they'll have to find a way to continue using humans because ol' chatgpt is a no go

So they'll try and pay you less or work you harder

Which leads to higher unemployment because why tf would you work for pittance

The use of unions will skyrocket and mass protests and strikes

Interest rates are already low so raising them leads to inflation

Basically the fed is cooked right?

I don't think unions will skyrocket.

More likely is just a wave of bankruptcies for those firms that can't afford the labor they'd need. Then, all those unemployed people cut back on their spending and cause more bankruptcies.

Fed printing basically backfills the demand loss and prevents a full correction.

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92 sats \ 0 replies \ @Taj 4h

And the keynesian econs in the ft justifying the printer go brrr will be satisfying to read

The corrupt political strategy meetings where they just have to get to the end of the term and let the dems suffer the consequences

Stack sats and popcorn 🍿

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