economics
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The rise of AI poses a significant challenge to funding federal governments, as it threatens to displace a substantial number of knowledge workers who contribute to tax revenue. With the U.S. relying heavily on individual income and payroll taxes, the potential decline in employment raises concerns about sustaining government income and benefits like Social Security.…
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Om Malik has been doing some of the sharpest behind-the-scenes AI business coverage out there. If you’re not following him at om.co, fix that now. His latest piece: OpenAI is offering private equity firms a guaranteed 17.5% return to join joint ventures. Om’s read is that this is the kind of deal you do when…
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Robert Friedland addressed USC’s Marshall School, warning business leaders about the unseen challenges ahead. He highlighted America’s heavy dependence on China for critical minerals and the urgent need for copper to sustain economic growth. Friedland emphasized that current infrastructure assumptions neglect vital energy and resource realities, suggesting a looming crisis.
nitin badjatia 