Mr. Cooker 𝕏

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Mr. Cooker 𝕏

Mr. Cooker 𝕏

@cryptomen45000

WEB3 Builder | الحمد لله

Katılım Aralık 2010
285 Takip Edilen799 Takipçiler
State of Palestine
State of Palestine@Palestine_UN·
Eid Mubarak from Al-Quds 🇵🇸 ✨📿 📷 Ahmed Sarhan
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beautiful Arab⁦⁦
beautiful Arab⁦⁦@arab11__·
Eid prayer in the Prophet's Mosque
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Bybit
Bybit@Bybit_Official·
Eid Mubarak 🌙✨ Wishing you a joyful Eid filled with peace, prosperity, and new beginnings.
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tysen
tysen@tysen·
Nobody gives a fu*k, work harder.
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Mr. Cooker 𝕏
Mr. Cooker 𝕏@cryptomen45000·
Last day of fasting tommorow its Eid. what was it a beautiful month, but also a crazy month with everything that is going on in the world. Khair in sha allah. #Ramadan #Eid
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slotcoffee
slotcoffee@slotcoffee·
What is the last thing you prayed for?
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FatBoy
FatBoy@Shootitfatboy·
We are making something different this time. Let’s just say you can cuddle it
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lynk
lynk@lynk0x·
Who can relate?
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Thomas Kerr
Thomas Kerr@Skrilloneon·
POWELL on AI: Q: Thanks very much. Just to sort of stare into the future for a little bit, I was looking at the longer run bits of the SEP. I noticed that the growth estimate had been revised up a good chunk, from 1.8 to two, and the kind of long-term fed-funds rate as well. It'd be great just to hear, is that -- is that AI productivity, or what's going on there exactly? MR. POWELL: Yeah. Well, I think it's just productivity. You know, we actually started seeing meaningfully higher productivity some years ago, four years ago, five years ago. And that's not because of, you know, generative AI. It may -- we won't know for years what it's really due to, but it could be due to the kind of things that people did during the pandemic to economize and somehow become more productive because there was a -- you know, an incredible labor shortage. But, you know, I think economic forecasters are very skeptical of periods of high productivity, because they're so rare, and they're often revised away. And for many of us, I never thought I'd see this many years of really high productivity and, by the way, expect to continue. And we haven't really started to see the effects of generative AI. And that should -- that should certainly contribute to that. So it's quite unusual. And it's -- you know, this is the -- higher productivity, is the thing that allows incomes to rise over time. And so it's a great thing. Was that your question? Q: Yeah. No, I was curious what lay behind that. And, just briefly on that as well to finish out, you hear the argument a lot this is a disinflationary story. And if you believe that productivity thing that should also weigh down inflation over time, maybe then kind of pull down where rates end up. Do you kind of agree with that line of thinking, or do you think that's not how you should think about where the rates end up? MR. POWELL: I think you have to be cautious about that. In particular if you're talking about AI, about generative AI. So, remember, in the short term what's happening is we're building data centers everywhere. And that's actually putting pressure on all kinds of goods and services that go into building these things. So that's actually probably pushing inflation up at the margin. In addition, it probably raises the neutral rate. So in the -- in the near term, you're looking at -- you're not looking at something that would immediately call for lower rates, or that would be lowering inflation.
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Jobcoin
Jobcoin@JobCoinSOL·
Crypto.com is cutting 12% of its workforce, citing a shift toward AI and automation. The message is becoming familiar: leaner teams, smarter systems, and fewer human roles needed to keep things running. From Wall Street to Web3, the playbook is the same. Replace overhead with algorithms. Another industry, same ol song and dance...
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Ape
Ape@ApeIsLive·
GM I love you ❤️
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Binance Africa
Binance Africa@BinanceAfrica·
、 i´ ̄ ̄`i    |:::::☆::::|   ⊂======⊃ ☆ gm   ( ・Д・ )/ ゚:.   ,ノ:::::::∞::::⊃  *。   `~し─J'   gm゚。・。gm
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Jobcoin
Jobcoin@JobCoinSOL·
Preparation is key. More than a meme.
Dustin@r0ck3t23

Elon Musk just described the white-collar extinction event. On Joe Rogan. Casually. Musk: “Anything that is digital, which is like just someone at a computer doing something, AI is going to take over those jobs like lightning.” Not gradually. Not eventually. Lightning. The assumption most professionals are operating on is that AI will assist them. Make them faster. Augment what they do. That assumption is the most expensive mistake a person can make right now. Musk: “Just like digital computers took over the job of people doing manual calculations. But much faster.” Think about that analogy for a moment. We used to employ entire rooms of people whose sole function was arithmetic. Highly educated. Well-compensated. Essential to every organization that ran on numbers. Then the computer arrived and the entire category disappeared. Not shrank. Disappeared. Nobody talks about it as a tragedy anymore because the transition happened before most people alive today were born. It’s just history. A curiosity. That same transition is happening right now to coding, writing, analysis, research, legal work, financial modeling. Every profession whose output lives entirely on a screen. The difference is the speed. Digital computers took decades to displace manual calculation. This is moving in years. If your work begins and ends on a screen, you are not competing with a tool that makes someone else more productive. You are competing with a replacement that does not sleep, does not need benefits, and gets cheaper every six months. Musk is not predicting this future. He is describing the present tense.

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lynk
lynk@lynk0x·
Average Crypto bro with 67 followers:
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Watcher.Guru
Watcher.Guru@WatcherGuru·
JUST IN: 🇺🇸 US national debt reaches new all-time high of $39 trillion.
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