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fromFuturism
1 day ago

AI Poised to Gut Your Retirement Fund, Analysts Warn

As the Washington Post observed in newreporting on the AI bubble, speculative investment into AI development is now the dominant force driving the US economy. By the numbers, the US GDP has grown at a rate of 1.6 percent so far this year, on pace to hit the 2.8 percent growth it achieved in 2024. That's all well and good on paper, except for the troubling fact that two-thirds of that growth came from AI, per WaPo 's analysis.
Artificial intelligence
Business
fromFortune
2 days ago

The 'Warren Buffett Indicator' has surged above 200%, meaning the market's price is far ahead of the economy's size | Fortune

U.S. stock market valuation is about 217% of GDP, indicating highly stretched valuations and elevated risk if profits or growth slow.
Business
fromLondon Business News | Londonlovesbusiness.com
1 month ago

Record high for Wall Street ahead of key inflation report, UK banks stumble - London Business News | Londonlovesbusiness.com

Nvidia beat expectations but had limited market impact as stronger-than-expected US GDP reinforced rate-cut hopes while key inflation data could alter outlooks.
Media industry
fromMashable
5 months ago

Good news for aspiring influencers: Creator jobs grew 7x in recent years

Creator jobs are rapidly increasing, with a 7.5-fold growth projected by 2024.
The digital economy is a major driver of U.S. GDP growth, valued at $4.9 trillion.
Many young people aspire to become influencers, reflecting a cultural shift.
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