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The "jobless growth" in one chart
The low-fire, low-hire labor market could become a "high firing - no hiring" when the next recession will arise Source chart: Antonio Linares @alc2022
Tough time for the young generation...
Companies that have adopted AI aren't hiring fewer senior employees, but they have cut back on hiring juniors ones. Source: Crémieux @cremieuxrecueil on X
OpenAI has reportedly hired over 100 former investment bankers from firms like Goldman Sachs, JPMorgan, and Morgan Stanley
“Project Mercury,” is a secret effort to train AI models to automate junior bankers’ grunt work. Participants are paid $150/hour to build financial models and write prompts for tasks like IPOs and restructurings, with the goal of teaching AI to replicate analysts’ workflows. Contractors submit one model per week and receive feedback before integration into OpenAI’s systems. Source: Wall St Engine @wallstengine
When AWS goes down…the fiat world breaks
Source: Neil Jacobs - FOMO21.com - Bitcoin
Should it be be called Standard & Europoor‘s 500 ?
Source: Michel A.Arouet
Mexico tops the list as the largest Silver Mine producer in 2024, followed by China and Peru.
Source: InvestyWise @Investywise
According to Oxford Researchers, the share of articles that are written by AI is now larger than the share of articles which are human created.
AI content went from ~5% in 2020 to 52% by May 2025. Projections say 90%+ by next year. Why? AI articles cost <$0.01. Human writers cost $10-100. The issue is the following: when AI trains on AI-generated content, quality degrades. Rare ideas disappear. Source: Ask Perplexity
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