The Dow Jones Industrial Average hit 50,000, setting a new record. This, following big tech companies losing $1 trillion in market value this week and 108,000 jobs were cut last month—double the number of layoffs at the start of last year. Co-host of the “Prof G Markets” podcast Ed Elson joins Katy Tur to talk about the Dow record, and how AI is playing a role in the labor market and the stock market.
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