Anthropic’s (Claude’s) CEO thinks AI will wipe out a full 50% of white-collar jobs. And terrifyingly, he’s not alone, as Elon Musk, Mark Benioff (Salesforce dude), Ford’s CEO, and Microsoft’s AI Chief all agree. If that happens, unemployment will shoot to over 30%! And NOTHING panics the Fed more than rising unemployment. Even a 10% rate would result in a 0% Fed Funds Rate, let alone 30%.Read More