Comment by lich_king
13 hours ago
This is the plot of the first derivative of employment. It shows a comparatively small but lasting dip after a massive, prolonged, and unwarranted boom between late 2020 and early 2024 that coincided with the dying breaths of ZIRP.
I have no idea about what's coming, but I wouldn't pay a whole lot of attention to people who are looking at the plots of a highly volatile and cyclic industry that goes through constant boom-and-bust cycles, and are trying to position this as proof that AI is or isn't having an impact.
Well I pay a lot of attention to the fact that there's much much tepid responses to applications I put out. Something something irrational markets.