In the AI Economy, There Will Be Zero Percent Unemployment

AI developer Andrew Mayne explains why technology could create more jobs and lead to unprecedented economic growth. Joanna Andreasson/DALL-E4I’m an AI developer and consultant, and when OpenAI released a preview in February of its text-to-video model Sora—an AI capable of generating cinema-quality videos—I started getting urgent requests from the entertainment industry and from investment firms….

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Mixed predictions on German unemployment for 2024

The employment outlook in Germany continues to improve, the Institute for Labour Market and Professional Research (IAB) reported from Nuremberg on Friday. “The government employment agencies are … The employment outlook in Germany continues to improve, the Institute for Labour Market and Professional Research (IAB) reported from Nuremberg on Friday. “The government employment agencies are…

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Whatcom County’s unemployment rate drops after five months of increases; state rate jumps

Whatcom County’s unemployment rate dropped in March, ending five months of consecutive growth as Washington’s unemployment rate increased. Whatcom County had a 5.4% unemployment rate in March, with … Whatcom County’s unemployment rate dropped in March, ending five months of consecutive growth as Washington’s unemployment rate increased. Whatcom County had a 5.4% unemployment rate in…

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Recent college grads see rise in unemployment

Unemployment jumped from 8.6% to 12.3% among 20-somethings with bachelor’s degrees year over year, the BLS reported. A possible TikTok ban, a shortage of affordable housing, rising temperatures, artificial intelligence — there’s a lot keeping Generation Z (those born between 1997 and 2012) up at night. And according to an annual report out Tuesday from…

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Gavin Newsom’s unemployment failure

Experts say California must now raise its unemployment insurance tax from the current 1.2% on the first $7,000 of wages to more than 3.5%. Combining both state and federal unemployment levies, … Experts say California must now raise its unemployment insurance tax from the current 1.2% on the first $7,000 of wages to more than…

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