No Going Back' – Moody's Economist Mark Zandi Warns 'Outright Job Losses' Incoming Due to AI After Block's 4K Job Cuts - Oracle (NYSE:ORCL), Block (NYSE:XYZ)
M Moody's Economist Mark Zandi warns of potential job losses due to AI adoption, warning against attributing it to weaker hiring, despite Block's 4,000 job cuts.