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Home»Economics»AI disruption may break K-shaped economy keeping markets afloat: CIO
Economics

AI disruption may break K-shaped economy keeping markets afloat: CIO

By CharlotteJuly 20, 20261 Min Read
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“An issue like this obviously has major consequences from a socioeconomic perspective in terms of wealth disparity, which we know is a problem on a number of levels. If you separate that from the investment and economic implications in terms of from a macro perspective, what’s driving the economy is ultimately that upper part of the K. The asset owners, the ones who participate in the stock market and in asset markets, as well as those who tended to earn more, really drive the bus economically,” said Aul.



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Treasurer Jim Chalmers stands by Treasury predictions that house prices will grow despite private sector warnings of housing market downturn

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