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AI and the failure of economics : Comments
By Ben Rees, published 9/3/2026AI will impact our unemployment level, but we gauge our inflation from unemployment, so what effect will it have on central banks?
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In Australia, if we continue importing Chinese goods duty-free, we will never have a manufacturing sector of our own. Free trade is killing us, and to cover up that fact, we are importing more people to do non-productive jobs. Skills are not needed in a country that makes nothing much.
Four pages of economic gobbledygook are of no use to ordinary Australians who know bloody well what is happening to them.