AI Deployment

Can artificial intelligence rescue customer service?
The adoption of AI is surging in call centres
 
Related:
https://www.wsj.com/articles/ai-agents-can-do-more-than-answer-queries-that-raises-a-few-questions-15009853 

The Mysterious Behavior of the American Consumer

Four economic truths that explain the US’s bizarre election
https://www.ft.com/content/c4fff250-6096-4b2c-bbe5-d8d12ddd8199
Which suggests a tidy, if not fully convincing, theory of why Americans think the economy is bad. They suspect that the prosperity they are experiencing is fake. At some point, global investors will refuse to buy expensive bonds from an increasingly indebted country, deficits will become impossible to maintain and the federal shopping spree will end. In an economist’s model, even semi-conscious awareness of economic unsustainability would lead to less consumption and more savings. Maybe not in America, though.

US Retail Sales Rise by More Than Forecast in Broad Advance
https://www.bloomberg.com/news/articles/2024-10-17/us-retail-sales-rise-by-more-than-forecast-in-broad-advance
 
Related:
America Is Sleepwalking into an Economic Storm by Daron Acemoglu (2024 Nobel Prize Winner)
https://www.nytimes.com/2024/10/17/opinion/economy-us-aging-work-force-ai.html
Our dysfunctional political system, which is increasingly short-termist in its vision for the country, is unlikely to prepare us for these changes. Neither Vice President Kamala Harris nor former President Donald Trump is focusing on them with any seriousness in their election campaigns. Nor do we see comprehensive plans from either party to make the investments necessary to equip the American work force to deal with the coming challenges.

Why Canada Sucks

Why is Canada's economy falling behind America's?

https://www.economist.com/finance-and-economics/2024/09/30/why-is-canadas-economy-falling-behind-americas

 

Why Canada’s economy is on the ropes

https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-why-canadas-economy-is-on-the-ropes/

 

TD’s expensive board failed to fix years of rot

https://www.theglobeandmail.com/business/commentary/article-td-bank-money-laundering-board-of-directors/

In a plea agreement with the U.S. Department of Justice, TD admitted its U.S. bank allowed criminals to launder hundreds of millions of dollars and failed to properly monitor trillions of dollars’ worth of transactions. TD was America’s most convenient bank for criminals.

 

Blame Justin Trudeau

https://vivekjayakumar.blogspot.com/2024/10/justin-trudeau-has-turned-canada-into.html

American Exceptionalism

The Economist Special Report:
The American economy has left other rich countries in the dust
Why the American stockmarket reigns supreme
Is higher inequality the price America pays for faster growth? 

 

Meanwhile,

How America Became a Republic of Distrust

https://www.bloomberg.com/graphics/2024-opinion-trust-government-science-religion-business-decreasing/