Presidential Debate Reaction, Biden Hot Swap?, Tech unemployment, OpenAI considers for-profit & more

2434.255 - 2453.65 Jason Calacanis

It's created more pressure on companies to be profitable. And so all those things have cascaded through. And what it's doing is it's burning off this job backlog. So we haven't necessarily seen unemployment yet, but we're seeing a reduction in the job postings. And I think that's what's going on. And I would just say that the economy may not be in recession yet, but I just think it's weak.