lj: Saw MSFT up $24? in after-hours trading. I guess their earnings were good. AI will improve the profit margins by eliminating jobs, for one thing.
The Trump Administration had better have a plan to counter the layoffs that are coming due to AI. Think of this. AI programs robotic equipment that manufactures almost everything.
During the Great Depression, something like 20-percent of workers were unemployed.
So, the question is, can AI cause the elimination of 20-percent of the U.S. jobs? Everyone knows that white-collar jobs will be the first to go.
On the positive side, there is a severe shortage of doctors, and AI will help that problem by allowing doctors to be more efficient.