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Open original source ↗AI will change something! But it’s more likely to “just” be tacking an extra trillion onto the $16 trillion corporate debt market. Whee!
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FACTS: The Economy is weaker than at the onset of the worst Recessions in the last 120 years. The Stock Market Bubble is bigger - than at any of these onsets. And the Debt levels are higher than at any of the onsets. 1929–33 - Great Depression 2007–09 - Global Financial Crisis 1920–21 - Depression of 1920–21 1937–38 - Recession of 1937–38 1907–08 - Panic of 1907 All of them! Now - tell me how we will not have a severe Recession and that AI will change the Economy.
HenrikZeberg ↗