....this is why we could see Stagflation phenomena in 2026-27
> US unemployment rises as AI takes over more jobs including skilled professionals
> US running large deficits ensures inflation stays high while geopolitics constraining supply chain makes it protracted
...at some point a Democrat-led Govt would break-up the mega-techs.
AMAZON CLOUD CHIEF: LOOK FOR OTHER JOBS, AI IS TAKING OVER!
Software engineers may be out of a job as AI looks set to take over coding for Amazon.
The details were uncovered in a leaked recording of Amazon Web Services' CEO, Matt Garman: "If you go forward 24 months from now, or some amount of time — I can't exactly predict where it is — it's possible that most developers are not coding. Coding is just kind of like the language that we talk to computers. It's not necessarily a skill in and of itself.” Source: RT
