Gated recessions: multitudes could suffer while the rich grow richer and macro indicators mask hard times

Mint has reported a new India-focused ai development: “Gated recessions: multitudes could suffer while the rich grow richer and macro indicators mask hard times.” The publisher's feed describes the story as follows: Lower-middle-class households in India may effectively be caught in a ‘gated recession.’ Trying to halt AI job takeovers would do more harm than good but governments could levy higher marginal taxes on the fortunes, inheritances and incomes of the ultra-rich. Intellectual Janata Pa
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