Unexpected: Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class + More

We’ve certainly been talking a lot about the “AI Doomers” who insist that AI is all too likely to destroy humanity. However, even people who aren’t fully on board with the existential threat of AI do often say that, at the very least, it’s going to destroy jobs for most people, potentially creating huge problems. For years now, people have been arguing for universal basic income, in large part, because they think that automation and AI will take away everyone’s jobs. I mean, it was a core plank of Andrew Yang’s silly run for President.

Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class

Related:

[2017] “Another kick in the teeth”: a top economist on how trade with China helped elect Trump

David Autor believes both these things to be true: one, that Donald Trump’s diagnosis of trade with China as the source of woe for countless American workers was both accurate and a crucial part of his appeal on his march to the White House. And two, that Trump’s plan to help those workers by cracking down on trade is likely to backfire.

How much did Trump-era tariffs on China cost Americans? New US findings confirm ‘self-inflicted harm’

This is how they will CONTROL every Ukrainian + U.S. wants to spread it.

We told you that the app that the U.S. was testing on Ukraine was coming to the U.S. next and it’s here. The app was created by Google and it is a government’s dream. It lets you track you and lets you track your neighbors. What more could a nefarious government agency want??

This is how they will CONTROL every Ukrainian via Redacted

Related:

Ukraine’s secret weapon is an app. The U.S. wants to spread it.

How Ukraine Government Is Converting Digital ID System Into Wartime Tool

Israel and its US lobby Dealt Major Blow by China Saudi Iran Peace Initiative

On Thursday the New York Times ran yet another report about Saudi Arabia’s entry into an “Abraham Accord,” but if only certain conditions could be met. It quoted longtime Israel lobby heavyweight Martin Indyk and reported on the American Israel Public Affairs Committee’s think tank the Washington Institute for Near East Policy “expert” delegation’s visit to Riyadh to finalize a deal. Then on Friday explosive news broke that China had successfully concluded a secret peace agreement between Iran and Saudi Arabia.

Israel and its US lobby Dealt Major Blow by China Saudi Iran Peace Initiative

America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage + manufacturing chips in the US could make smartphones more expensive

America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage

Another possible fix would be to keep people in the workforce longer, by raising the age at which workers can begin collecting Social Security or tapping into their pensions or 401(k)s. Yet Harry Holzer, a former US Department of Labor chief economist now at Georgetown University, says that neither feels politically feasible right now. Immigration has been a toxic issue in American politics for years, and Social Security has long been an untouchable entitlement. “None of that is doable,” Holzer says, which means “our labor force growth is going to continue to be modest.”

Related:

How manufacturing chips in the US could make smartphones more expensive

Morcos says a top concern of his is the narrowness of the CHIPS Act. Without bringing related device manufacturing back to the U.S., such as device batteries, sensors, cameras, antennas, and hundreds of other components, the manufacturing process could require the most critical component to be produced stateside, then shipped overseas to be assembled with hundreds of other components into a device that is then shipped back to the U.S. for the American consumer.

Work longer, for less pay, and you still won’t be able to afford the latest smartphone or laptop?! 🤷🏼‍♀️

Defying Sanctions, More than 50 New Investment Projects in Syria

More than fifty new investment projects with an estimated cost of one and a half trillion Liras have been licensed in Syria according to the investment law issued last year. The Syrian capital, Damascus, focuses on reviving productive projects to confront Western sanctions on the Syrian economy.

Defying Sanctions, More than 50 New Investment Projects in Syria

Video via Arabi S