Economists Said AI Wouldn’t Take Jobs—Some Now Admit They Got It Wrong
In recent developments, a new multi-university study surveyed 69 economists, 52 AI experts, and 38 superforecasters. All three groups agree: faster AI means fewer jobs. Looking closer, market participants highlight…
Shutdown Jobs Data Finally Released, and It’s Not Pretty
In recent developments, the grim unemployment numbers had little impact on bitcoin, which was already in the doldrums, but stocks were sent tumbling. Shutdown Jobs Report: The Official Numbers Are…
Crypto Prices Slip Ahead of US Jobs Data as Bessent Flags Rate Risks
In recent developments, crypto slipped in thin weekend trade as investors prepared for U.S. jobs data and weighed comments from Treasury Secretary Scott Bessent. Looking closer, market participants highlight key…
