Rate Of ReturnSG raised its full year forecast for real gdp growth after another great Q3, with AI and net exports of value added goods & services being the major factor. Comparing this similar statistics to last year, this could indicate that we might see another 15% growth of our economy. However, the exponential growth of AI has ironically led to the automation of middle to high income jobs, causing the job market to tighten. With rising university graduates and higher employer expectations, this could be a worrying concern for the fresh graduates and those not adapting the use of AI in the next few years.
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