High interest rates + tariff terror -> less investment -> less jobs
But let's blame AI
replies(19):
But let's blame AI
Correlation is not causation. The original research paper does not prove a connection.
> I doubt very much that these three Stanford professors would be blindsided by the concept of rates and tarriffs.
They are nonetheless subject to publish or perish pressure and have strong incentives to draw publishable attention-grabbing results even where the data is inconclusive.
Except they do, if their raw materials, tools, etc., are imported.
Digital Economy Lab and the Stanford Institute for Human-Centered Artificial Intelligence
I fully expect that these professors would be blindsided by even the most rudimentary real world economics.