AI Is Already Replacing Entry-Level Jobs
ARK Invest·2026-01-28 16:31

artificial intelligence now is taking away a lot of entry- levelvel jobs. So the if you look at the unemployment rate for 16 to 24 year olds now it is at 12%. It's in double digits and the duration of unemployment is up to 24 months on average.Uh so I I do think that the combination of inflation coming down and I think dramatically we could see negative inflation rates uh before all is said and done especially if the dollar goes up. I think it's going to take the pressure off interest rates and uh and we're ...