“We’re not creating any jobs now, and there’s no AI productivity gains,” Zandi said at a recent virtual event on AI and the economy joined by economists from Goldman Sachs and Yale. “What happens when we get some productivity gains here? Doesn’t that mean job loss?”
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The catalyst for the legislation was a single incident in which police officers responded to a call about a senior citizen who appeared confused at a gas station cryptocurrency kiosk. Upon further investigation, police discovered that she had been giving 50 percent of her monthly income to scammers, leaving her on the verge of having to live out of her car.