Hacker News new | ask | show | jobs
by mlinhares 301 days ago
Odd Lots has done a lot of interviews with Fed members these past few days as they were in Jackson Hole and they all said that "now the data looks right" as they were talking to businesses everyone was saying they weren't hiring but the job numbers had remained high. One even said he'd expect to see even worse revisions in the coming months given the anecdotal data he's seeing in the wild.

So yeah, i'd say most of this AI stuff is bullshit, if it was really this good Sam Altman wouldn't be talking about building social networks.

1 comments

The data in the study shows a strong trend going back to 2022. Whether the more recent data gets revised or not, you can see a strong negative effect on young workers.