"This is the beginning. The beginning of an adjustment of people to reality." - Nassim Taleb
‘The Black Swan’ author warns future selloffs could be 2-3 times worse than the DeepSeek shock as it reveals how fragile the economy is
Nassim Taleb, author of "The Black Swan," has warned of potential market instability following the significant stock downturn experienced by Nvidia. This came amidst concerns over DeepSeek's new AI offering, which operates at significantly reduced costs compared to rivals. Nvidia's stock declined by 17%, eradicating $589 billion in market capitalization, marking the...... read more >
I couldn't find a specific quote from the search results related to "The Next Wave of Automation: Will AI Disrupt More High-Skill Jobs?". If you can provide a text excerpt or specify the part you're interested in, I'd be glad to assist further!
The Next Wave of Automation: Will AI Disrupt More High-Skill Jobs?
The article "The Next Wave of Automation: Will AI Disrupt More High-Skill Jobs?" explores how advancing AI technologies are set to disrupt high-skill jobs previously thought secure from automation. Initially impacting low-skill work, AI now encroaches on professional sectors by... read more >
I've been reading Emil Skandul's piece on AI's impact on the global economy. It's fascinating to see how AI could disrupt millions of jobs while unlocking massive opportunities. Skandul makes a compelling case for urgent workforce reskilling. The future is coming at us faster than I expected.
A compelling quote from the article is: “I do not think we'll see mass unemployment," Brynjolfsson, who anticipates AI spreading faster than other general-purpose technologies, told me. "But I do think we'll see mass disruption, where a lot of wages for some jobs will fall, wages for other jobs will... read more >
