US headed for a severe recession, says ace investor
Higgins is of the opinion that the recession in the US can be long-drawn and the effects of the same can be pretty severe and sharp. The Americans have big records of debt and unemployment, that can prove to be a contributing factor, leading to the recession, feels Higgins.
Is the United States really on a recession course?
Recession can prove to be a major issue for the US economy, and the impact of the same, when it arrives, can be felt for at least half a decade. With the The analysis by Higgins clearly suggests that impending recession will lead to major unemployment scales and although it may not last for a long period of time, its effects will be quite intense, and set up the course of path for the coming days.
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Artificial intelligence could play the key role against recession?
Mark Higgins is of the opinion that AI could be one of the key factors that can help combat recession effects in the United States, and help in planning economic structures, as well was generate employment in major US regions. AI is already amassing a major employment share in the tech industry, with numbers only predicted to rise in coming years, and the more it evolves, the more employment and revenue it will be able to generate for the country.
AI's evolution could be aimed at helping and assisting the US industries at resolving unemployment issues, that could easily be the long-term effects of any impending recession.
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