BlackRock Executive: Weak Nonfarm Payrolls Actually an AI Productivity Revolution, Companies Can Boost Output Without Adding Headcount, Rate Hikes No Longer Meaningful
- Rick Rieder, BlackRock's Global Chief Investment Officer, commented on the weak U.S. non-farm payroll data from last month.
- He suggested that the decline in payrolls indicates a 'productivity revolution' driven by AI.
- Rieder believes companies are learning to increase output without hiring more staff.
- He expressed skepticism about the effectiveness of raising the federal funds rate in addressing economic issues.
On August 9, PANews reported that Rick Rieder, BlackRock's Global Chief Investment Officer of Fixed Income, addressed the unexpected negative shift in the U.S. non-farm payroll data released on Friday.
Rieder characterized the surprisingly weak employment figures as indicative of a 'productivity revolution' associated with the rise of artificial intelligence. He emphasized that U.S. companies are adapting by finding ways to enhance output without expanding their workforce.
Furthermore, Rieder expressed his view that increasing the federal funds rate is not a viable solution to the current economic challenges, stating that such measures have been ineffective in the past and do not seem sensible at this time.
贝莱德高管：疲弱的非农就业数据实际上是AI生产力革命，公司可以在不增加员工的情况下提高产出，加息已不再重要
8月9日，PANews报道了贝莱德全球固定收益首席投资官Rick Rieder对周五发布的美国非农就业数据意外转为负值的看法。
Rieder将这一令人惊讶的疲弱就业数据视为与人工智能崛起相关的'生产力革命'的标志。他强调，美国公司正在通过寻找提高产出的方式而不增加员工来适应这一变化。
此外，Rieder表示，提高联邦基金利率并不是解决当前经济挑战的可行方案，他指出这种措施在过去并未有效，并且在此时似乎也不合理。