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The Big Beautiful Bill Is More of the Same

Peak Prosperity

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AI's Impact on Labor and the Economy

This chapter examines how artificial intelligence is reshaping the labor market, leading to job displacement as companies prioritize automation over human employment. It discusses the economic ramifications of this shift, including potential effects on wages, inflation, and the need for policies like universal basic income. Additionally, the chapter explores changing investment strategies in response to these evolving market dynamics and the implications for different income groups.

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