this is an insane chart
@aakashg0 Correlation is not causation
@Tranquility8888 @aakashg0 chonker
@Tranquility8888 @aakashg0 This is the greatest picture.
@Tranquility8888 @aakashg0 This guy gets it
@Tranquility8888 @aakashg0 @grok What would reduce job openings apart from AI consolidation of human tasks?
@Tranquility8888 @aakashg0 Actually it usually is
@Tranquility8888 @aakashg0 And yet, I can assure you that this cat is not innocent in what happened there.
@Tranquility8888 @aakashg0 theres been mass layoffs during the government shutdowns that the companies have directly said were from them replacing jobs with AI
@Tranquility8888 @aakashg0 this image literally has nothing to do with the post. No one is saying that loss of job openings is causing the SPY to by all time high. The image simply points out that there is a divergent between the the stock market and the economic reality.
@Tranquility8888 @aakashg0 No you are wrong, sometime correlation is causation. Do you have any other correlation that explains causation better?
@Tranquility8888 @aakashg0 Wow that cat is really heavy!!
@Tranquility8888 @aakashg0 In this case it is.
@Tranquility8888 @aakashg0 in this case it is
@Tranquility8888 @aakashg0 Correlation correlates with causation
@Tranquility8888 @aakashg0 Who said it was causal?
@Tranquility8888 @aakashg0 That cat looks guilty.
@Tranquility8888 @aakashg0 No! Correlation CAN BE causation, it just DOESN'T IMPLY IT in EVERY case.
@Tranquility8888 @aakashg0 If you removed all AI firms then the S&P500 would be up 1% this year, so it's clear that in this case correlation is indeed causation