Tag: technology stocks

MIT economist Daron Acemoglu critiques AI hype, predicting minimal job impact and potential economic disillusionment. He envisions scenarios of job replacement and stock market instability, emphasizing that AI won't replace humans in most workplaces for a long time.
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MIT economist’s warning on AI: A lot of money of tech companies will go to waste

 October 3, 2024  Leave a Comment on MIT economist’s warning on AI: A lot of money of tech companies will go to waste

Oct 03, 2024 12:36 PM IST MIT economist Daron Acemoglu warns that the hype around AI may lead to wasted investments, predicting only 5% of…

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A sign for a Wall Street building is shown, (AP file photo)
Posted in Business

Wall Street rises as bank fears fade, focus on inflation data

 March 30, 2023  Leave a Comment on Wall Street rises as bank fears fade, focus on inflation data

Wall Street’s main indexes climbed on Thursday as fears of a banking crisis eased, with rate-sensitive real estate and technology stocks leading gains ahead of…

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