Howard Marks says AI is going to have a 'terrifying' impact on employment — and it goes well past lost paychecks

Tech Insider : Business, Environment, Technology
Howard Marks of Oaktree
Howard Marks of Oaktree

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  • Howard Marks warned that AI threatens purpose and structure, not just workers' paychecks.
  • He said UBI can't replace the self-worth and identity people get from work.
  • He called AI's employment outlook "terrifying" as jobs and meaning erode.

"Terrifying."

Some HENRYs are saving too much for retirement — and it may backfire

Tech Insider : Economy
Three young people eating burgers
Some wealthier millennials and Gen Zers are over-saving for retirement.

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The number of Americans earning over $100,000 who are living paycheck to paycheck is climbing as inflation squeezes households, survey shows

Tech Insider : Economy
US consumers, shopping, groceries
More Americans earning over $100,000 a year are living paycheck to paycheck, a new survey found.

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