In a possible foreshadowing of what's to come for our economy in 2024, UPS recently announced they are going to be cutting 12,000 jobs this year. The National ADP Employment Report also reveals job gains are slowing -- something we believe may prove to be a big understatement. The advent of AI is not going to help this problem as companies are expected to replace more workers with artificial intelligence. This doesn't only hurt blue collar and office workers, a varied amount of professions will find themselves losing potential clientele to AI as well. What does this mean for the economy overall? Will AI be coming for your job soon?
Swiss America CEO Dean Heskin and Chris Agelastos delve deeply into what's happening and the ramifications for 2024 and beyond on The Secret War on Cash.

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Articles discussed in this podcast:
https://www.cnbc.com/2024/01/30/ups-reports-drop-in-package-volume-stock-tumbles.html
https://www.zerohedge.com/personal-finance/adp-employment-report-job-gains-slowing