Generative artificial intelligence and its impact on jobs and employment has been a constant debate ever since the new technology sprang up. The educated estimate is that AI is going to make some jobs obsolete, but it will also create new opportunities. However, one particular aspect where not much research has taken place is how … Read more
The son of the famous gold bug Peter Schiff, Spencer now agrees with his father that the price of Bitcoin could fall to zero in the coming years. The comments by the younger Schiff come in an article from “Zero Hedge” While Schiff was arguing that an economic boom is on the horizon and not … Read more
If medieval advances in the plough didn’t lift Europe’s peasants out of poverty, it was largely because their rulers took the wealth generated by the new gains in output and used it to build cathedrals instead. Economists say something similar could happen with artificial intelligence (AI) if it enters our lives in such a way … Read more