Wall Street Week | AI Hits Wages, USMCA Under Pressure, Colorado River Crisis

Former IBM CEO Sam Palmisano discussed AI implementation strategies for companies, including developing contingency plans. Early data indicate AI is slowing wage growth in occupations with high exposure to the technology, though widespread layoffs have not yet occurred. Canada negotiated an exemption from new tariffs, but Bloomberg reported the agreement may affect the USMCA trade agreement and North American manufacturing. Western states face decisions about water allocation as Colorado River demand exceeds available supply.

Next story