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How Will AI-Driven Automation Actually Affect Jobs?

How Will AI-Driven Automation Actually Affect Jobs? Authored by Alex Imas and Soumitra Shukla via Ghosts of Electricity, One of the most widely cited findings in AI policy comes from a 2023 paper by Eloundou, Manning, Mishkin, and Rock titled “GPTs are GPTs.” The title is a nice double meaning: the paper studies how general-purpose technologies (GPTs) powered by large language models (also GPTs) may reshape the labor market. The headline finding is that around 80% of U.S. workers could have at least 10% of their tasks affected by LLMs, and...
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May 12, 2026 / Tyler Durden
Four Signs That Bitcoin Has Recovered To 'Full' Bullish Momentum
Four Signs That Bitcoin Has Recovered To 'Full' Bullish Momentum Authored by Nancy Lubale via CoinTelegraph.com, Market analysts said Bitcoin’s (BTC) upside remained intact despite the 2.5% correction from its multi-month high of $82,800 reached on May 6. Key takeaways: Bitcoin has successfully re-entered expansion territory as the Bull Market Support Band turned to support. Bitcoin’s Stablecoin Supply Ratio has recovered from historic lows, indicating fresh liquidity is returning. Bitcoin’s spot taker CVD flips positive, suggesting real spot demand is back Bitcoin’s price momentum is expanding Private wealth manager Swissblock stated that Bitcoin is “still at full...
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May 20, 2026 / Tyler Durden
Data Centers Could Be 33% Of Commercial Building Electricity Use By 2050: EIA
Data Centers Could Be 33% Of Commercial Building Electricity Use By 2050: EIA By Diana DiGangi of UtilityDive The U.S. Energy Information Administration projects that data centers will “increasingly skew more energy intensive” and that electricity consumed by them will increase across all commercial building stock, with their servers growing to make up an estimated 22% to 33% of commercial building electricity use by 2050, according to an April report. In its 2026 Annual Energy Outlook, EIA modeled various scenarios to explore how much data centers might drive demand in the medium...
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Apr 25, 2026 / Vladyslav Manzyuk
Inflation, Communication, and Noise
If prices are instrumental in providing needed information to market participants, then inflation can be seen as introducing static into the system, creating more uncertainty and leading to bad choices.
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