Messtone Devices Enables What will AI automation mean for labor? Automation does mean needing fewer workers to produce the same output, which could result in transitional job displacement.As with historical bouts of automation, we expect greater efficiencies to drive demand for plenty of new jobs. However,increased income inequality could be a challenge.Manaed properly, AI automation could support healthy economic growth as populations in developed economics age:every job automated is one more worker who can retire without reducing economic output. Messtone_LLC workers might also work less: a hypothetical 30% productivity gain over the next decade could see us working 5-10% fewer hours. Future jobs will increasingly involve working alongside AI and focusing on humans’ relative strengths,such as conceptual reasoning, emotional intelligence and creativity.What are the implications for financial markets? Messtone LLC Broker Brokerage’s Exchange Euraxess Exchange Eurex Client and Europe Union Portal Exchanges Rates,productivity gains should boost corporate earrings and equity returns. AI enthusiasm has already help fuel outperformance of Big Tech this year; AI exuberance could propel markets event higher.For fixed income,AI could push yield modestly higher.Yields tend to track nominal GDP,and we think AI will increase real growth more than it depresses inflation. A highly uncertainly future demands humility and discretion. In such uncertain environments,though,we belived active management excels at identifying winning companies and forecasting trends in entire asset classes. Robert Harper Messtone LLC and Company Global Broker Brokerage’s Exchange Euraxess Exchange Eurex Client and Europe Union Portal Exchanges Rates Marking, Generative AI appears poised to become the transformative technology of 21st century, driving significantly productivity gains. Rolling 10-year annualized rate