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Lower rates will make investing in AI a the cost of energy cheaper, thus pushing unemployment even higher.
The Fed thinks inflation is the only thing spurred by lower rates. |
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You nuts.
Lower rates create jobs. Stop with the AI nonsense. AI is a big deal but not a driver of everything. |
| People need to find their way into new jobs/industries. We hire without experience, pay $30-$40 and can't find workers. |
Right now it's the only thing growing in the economy (it's a massive bubble of course, and many of the these data centers will end up sitting fallow for a while). https://fortune.com/2025/10/07/data-centers-gdp-growth-zero-first-half-2025-jason-furman-harvard-economist/ |
At some point there will be a data center overbuild. That will happen because things like that happen every single time there is the demand that there is here. People come in to make money and overbuild. Then it has to sort itself out before the industry can move forward. But there is no reason to think that that is where we are now for data centers. Real demand still exceeds what is online now and what is projected to come online over the next couple of years. I agree with your conclusion but that is 2027 at best. |
You sure about that? https://www.theregister.com/2025/10/29/microsoft_earnings_q1_26_openai_loss/ Sometime very soon the music will stop on the insane funding of the AI nonsense. The minute that does, the subsidization of the searches, processing, etc will slow down significantly, and companies which survive will have to charge the actual cost of operations. Demand is only high now because nothing like the actual cost is being charged. |
| I think AI is the dystopian end of society |
What industry or company? I'm looking for a job. |
BS AI is the wave of the future for THEIL, MUSK, ELLISON ect.... and the Heritage Foundation. They wrote it down; it is called Project 2025. There is no amount of MAGA/Republican stupidity that is going to create enough jobs moving forward. We had low unemployment, we are now headed to the great depression. Economics 101 this is not hard for anyone paying attention with a brain. They are burning the country to the ground to make you poor, hungry and begging. King Don needs that to stay in power. How do you not understand the basic plot? They wrote it down!!!!! |