#TradingStrategyMistakes "The distortions created by AI will undermine the use of labor market information based on 'big data', complicating historical comparisons," the bank explained. They added that this occurs "at a time when declining response rates to surveys make official data less representative and more based on guesswork."
UBS warns that although AI promises long-term benefits, it currently obscures the short-term visibility of the true state of the labor market, complicating the efforts of policymakers and investors to accurately interpret trends.