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Economic Convergenc AI Layoffs and Shrinking Consumer Wallet

💼 The Economic Convergence: AI, Layoffs, and the Shrinking Consumer Wallet

By / Artificial intelligence (AI), Jobs

The world economy is standing at a crossroads. AI and robotics promise major efficiency gains, but they’re also shaking up how work itself functions. Jobs are being redefined or erased, and as that happens, consumer spending power is quietly being hollowed out. Add the growing talk about Universal Basic Income (UBI) and the costs of […]

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Outsourcing to Algorithms How AI Is Rewriting the Future of Work

🤖 From Outsourcing to Algorithms: How AI Is Rewriting the Future of Work

By / Artificial intelligence (AI), Jobs

In the early 2000s, outsourcing reshaped the global job landscape. Call centers moved overseas, manufacturing hubs shifted to lower-cost countries, and back-office operations were streamlined by labor arbitrage. The goal was simple: reduce costs, increase efficiency, and remain competitive. But for millions of workers, it meant job loss, wage stagnation, and a call to adapt—or

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