Economy

India's birth rate has declined, with some experts warning that this trend could have significant implications for the country's population and economy. The decline is not limited to wealthy areas, but is a nationwide phenomenon.

The Economist reports that millenarian thinking is permeating business and markets, with companies and investors caught up in a collective fear of the end of the world. This phenomenon is reminiscent of historical events such as Tulip mania and the South Sea bubble.

Senator Bernie Sanders suggests that the public should own half of the big A.I. companies, citing the technology's potential to revolutionize various aspects of life and the need for responsible management.

Labor economist Kathryn Anne Edwards discusses why the AI job panic may be overblown and the importance of planning for potential job loss outcomes in the US.

AI-generated economic value, known as 'Dark Output', is currently invisible to national statistics and may be the majority of economic activity, but is challenging to measure.

According to Hacker News, during the Dutch Golden Age, a rare tulip bulb could cost as much as a house, leading to a period of economic frenzy known as tulip mania.

Despite warnings of an AI-driven jobs apocalypse, economic research suggests that AI has had no large-scale impact on the US labor market, with unemployment rates for AI-affected jobs lower than those less exposed to the technology.