Despite a cooling jobs market and stubborn inflation, the US economy is stable thanks to artificial intelligence’s impact on productivity, according to J.P. Morgan Chase CEO Jamie Dimon. The shift towards AI will not immediately lead to widespread job losses, but rather optimize existing workforce efficiency.
Source: https://seekingalpha.com/news/4529150-j-p-morgan-ceo-u-s-consumers-are-in-good-shape-amid-weakening-jobs-market