Yesterday I watched a video by Cathie Wood.

CN
Rocky
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15 hours ago

Yesterday, I watched Cathie Wood's video, where she talked about the confirmation of a rolling recession in the U.S. economy, future interest rate cuts, and the employment data that was revised down on Friday, as well as the weak state of the U.S. labor market.

She mentioned a very important point that I found quite interesting. The old-fashioned methods we used to judge the economy, relying on the sheer number of people and the old economic era, may be coming to an end. In the new #AI era + robot era, these methods are no longer applicable. A robot-driven economy, fueled by #AI innovation, is approaching a phase of disruptive innovation in the short to medium term.

As more and more jobs are quietly replaced by #AI + robots, the traditional employment statistics model used to assess the economy's health should be discarded!

So in the end, Cathie Wood remains relatively optimistic. This moment of disruptive innovation will create a temporary crisis, but at the same time, when the shift occurs, it will also be a moment of accelerating towards a better future! 🧐

Original video link: https://www.youtube.com/watch?v=5_33zhfy4kk

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