Stocks Rally as Robots Replace Humans. Why AI Job Losses Are Coming Fast and 5 Other Things to Know Today. - Barron's
1. Nvidia closed at a record high, nearing $4 trillion valuation. 2. AI growth continues to boost stock market, benefiting Nvidia significantly. 3. Amazon's AI adoption is impacting workforce, raising concerns over job security. 4. Meta is expanding AI efforts, asserting dominance alongside Nvidia in the tech space. 5. AI advancements threaten both blue- and white-collar jobs across industries.