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Federal Reserve Decisions and AI Future
This chapter explores the current dynamics of the Federal Reserve's interest rates, its impact on inflation, and the economic implications of recent rate cuts. It also delves into the rapid advancements in artificial intelligence, particularly in the tech sector, and addresses the implications of these developments for employment and education. The discussion further examines major strategic shifts at Apple, especially its decision to exit the automotive market while reallocating resources toward AI and robotics.