So far, A.I.'s losers are routine office jobs like data entry keyers and customer service reps.
Its winners are data scientists and the trades building the data centers like construction laborers and electricians.
My @nytopinion Chart: nytimes.com/2026/10/02/opini…
The computer revolution wiped out 2.8 million clerical jobs: typists, data entry keyers, file clerks, secretaries.
It also created nearly 4 million jobs in computer occupations that barely existed in 1990.
My @nytopinion Chart: nytimes.com/2026/10/02/opini…
Since 1830, technology has cut the American workweek from 69 hours to 38 while raising real income per person roughly 20-fold.
Properly managed, A.I. can do the same.
My @nytopinion Chart: nytimes.com/2026/10/02/opini…
Productivity growth raises per-capita incomes, but outside the dot-com boom, it's been sluggish for 50 years.
A.I. is our best chance in a generation to change that.
My @nytopinion Chart: nytimes.com/2026/10/02/opini…
A.I.'s risks are real, but they can and must be responsibly managed by government oversight.
With proper guardrails, we can leverage A.I.'s transformative power for shared prosperity.
Read my take in @nytopinion: nytimes.com/2026/10/02/opini…
Investors now demand extra pay to hold long-term U.S. debt.
Inflation, the debt, and uncertainty about the Fed and Treasury response are making the situation worse.
My @Morning_Joe Chart
The 10-year Treasury yield is at its highest since 2007; the 30-year, its highest since 2002.
Meanwhile, mortgage rates are back above 7%.
My @Morning_Joe Chart
The cost of borrowing for mortgages, car loans, and credit cards is rising.
This trend will continue as long as inflation and debt proceed on their upward trajectory under Trump.