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Stock impact report

‘If I was 18 now, there is no way I would go to university only to leave with huge debts and poor job prospects,' says analyst. He'd be an electrician [Yahoo! Finance]

SOCIETE GENL FRNCE S/ADR (SCGLY) 
NASDAQ:AMEX Investor Relations: societegenerale.com/en/investors
Company Research Source: Yahoo! Finance
to skyrocket, and while doomsday essays about white-collar job loss go viral—including those by Citrini Research and by Matt Shumer —a top global strategist has a stark warning for today's youth: skip university and learn a trade. Albert Edwards , a veteran macroeconomic analyst known for his contrarian views and his self-described “perma-bearish” outlook, is sounding the alarm on an economy that is systematically leaving young people behind. Specifically citing the mega-viral doomsday essay by Citrini Research, Edwards wrote in his global weekly strategy that he's been making the exact same arguments from inside a global investment bank. Once you factor in the “current clear benefits of surging AI-led productivity growth for investors,” along with lower unit labor costs, inflation and interest rates, he argued, “the blindingly obvious conclusion [is] that AI is already causing serious damage to aggregate job prospects, especially those of recent university graduates.” “I can ho Show less Read more
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