To disarm the big tech bomb, including “AI”, the public needs to be on high alert — as AI firms start to visibly wobble, we need clear demands and firm commitments from our leaders that if it all comes crashing down, the public won’t be the one left holding the bag.
The money is denominated dollars or other currencies. So if you get say 2.9 percent, but actual inflation is at a much higher rate, 7 percent, you are losing money. You can buy much less stuff than you could have before you put it in there.