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BlackRock’s Rieder Sees AI Helping Buoy GDP Even as Hiring Slows

BlackRock Inc.’s Rick Rieder said last month’s surprise contraction in payrolls reflects a “productivity revolution” rather than economic weakness, arguing that the US economy remains on track for 6% nominal growth in gross domestic product even as hiring stalls.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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