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I think a ton of hidden signals of a waning economy are being obscured by AI and globalization talk. Sure, some attempts to globalize and use more AI are genuin
by jvanderbot 1y ago
I think a ton of hidden signals of a waning economy are being obscured by AI and globalization talk. Sure, some attempts to globalize and use more AI are genuine, but those are still cost cutting measures. And we cut costs when things aren't going well. There's just no way a brand new tech has penetrated the market enough to depress every sector of tech- or language-adjacent employment.
- fragmede 1y agoThere's also something about tarrifs and gutting government investment I've been hearing about from the US. I'm no economist, it's possible that might have something to do with the economy waning.
- saithound 1y agoI do not disagree with your broader point, but its worth noting that The Economist article deliberately framed its analysis around datasets that also wouldn't capture the economic slowdown! That choice itself is telling.