Narrative 1 : AI is a hype and no one is paying for it. The AI investments are a circular economy and all the stocks where the "AI boom" is priced in is going to fall
Narrative 2: Microsoft Lays off 3xxx workers, Amazon does monthly layoffs, ABC corp does 9xxx layoffs. GM shuts down x plant. xyz shuts down y plant.
If these narratives are true, how is the economy so good right now? Shouldn't there be a great depression ? All i see are jobs being lost and plant shutdown. AI is a hype type stories. How can both be true? Can someone explain?