“This is a business model.. Fire humans.. Buy AI. Watch stock go up.. Repeat.”
Insights for Navigating an Uncertain World
“This is a business model.. Fire humans.. Buy AI. Watch stock go up.. Repeat.”
🚨 Are you watching what's happening right now?
— Tuki (@TukiFromKL) March 16, 2026
This morning JPMorgan told Meta to fire 20% of employees to save $5 billion.. literally
Tonight Meta did it.. And the stock SURGED.
Read that one more time. 14,000 people just lost their jobs nd Wall Street celebrated.. The stock… https://t.co/A7HJghu4lY pic.twitter.com/UrBlecuHdJ
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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