4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC136: The FED Pause & Q2 Current Events w/ Luke Gromen (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Negative Effects of AI on the Economy

The real result to the economy is further consolidation of enterprise. These 10 companies that are driving all these indices on the equity side would just further get consolidated. And you would see just total destruction across mid and small cap companies. They just can't compete at this point because of these policies, which then causes further unemployment issues. We're truly talking about a dying patient when we're talking about any G seven countries.

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