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Benzinga
Benzinga
Business
Snigdha Gairola

Wall Street Strategist Warns Fed Unprepared To Handle AI Erasing Millions Of Jobs

Global AI Adoption

The rapid rise of artificial intelligence may supercharge the economic growth of the U.S., but Jefferies' chief market strategist David Zervos says it could also trigger a wave of job losses that the Federal Reserve is unprepared to handle.

Fed Faces AI Dilemma: Strong Growth But Rising Unemployment

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