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The argument that AI is offsetting recession pressures

A user cites 20-year-high interest rates, tariffs and a war they say is blocking the Strait of Hormuz.

1 Source, 1h ago, first seen 1h ago

TLDR

A user argues that interest rates at 20-year highs, tariffs, a war blocking the Strait of Hormuz and a 20% drop in most stocks over three months should already have produced a massive recession, independent of AI. In a later post, the same user suggests economic pessimists would have been basically right if AI had not invented new modes of production.

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1 Source, first seen 1h ago

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1 Source, first seen 1h ago

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1 Source

Minh Nhat Nguyen 🦭@menhguinit's fascinating that the economic permabear doomers were basically correct, if not for the ridiculous Deus Ex Machina of AI inventing entire new modes of production.1h
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    1 Source

    Minh Nhat Nguyen 🦭@menhguinit's fascinating that the economic permabear doomers were basically correct, if not for the ridiculous Deus Ex Machina of AI inventing entire new modes of production.1h
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