Loan sharks 🦈 — AI is taking jobs. China bails out countries. And loan sharks get new rules.

We’ve got good news and bad news. Good news: Advances in artificial intelligence (AI) promise to boost productivity and global GDP! Bad news: it could cost you your job.Think bailing out banks seems tricky? China’s been bailing out entire countries, according to a new study.With interest rates and the cost of living way up, at least one important number is going down—the maximum interest rate on loans.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO