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MacroVoices #363 Lakshman Achuthan: Immaculate Disinflation Debunked

Macro Voices

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Is It Really a Game Changer or Just an Extension of Industrialization?

It seems like this chat GPT tool, which is still just a prototype, was conceived for the purpose of replacing millions of jobs. Frankly, I'm not looking forward to that future. I'd rather deal with the human being despite their shortcomings. Maybe it's coming at a good time in the sense that we've got record lows in unemployment. There's not enough people to work. Even though the construction sector is in a cyclical downturn, it's contracting.

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