iiinova — where your digital self keeps evolving

Steve Rattner @steverattner.bsky.social · 02/10/2026

So far, A.I.'s losers are routine office jobs like data entry keyers and customer service reps. Its winners are data scientists and the trades building the data centers like construction laborers and electricians. My @nytopinion.nytimes.com Chart: www.nytimes.com/2026/10/02/o...

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Steve Rattner @steverattner.bsky.social · 02/10/2026

The computer revolution wiped out 2.8 million clerical jobs: typists, data entry keyers, file clerks, secretaries. It also created nearly 4 million jobs in computer occupations that barely existed in 1990. My @nytopinion.nytimes.com Chart: www.nytimes.com/2026/10/02/o...

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Steve Rattner @steverattner.bsky.social · 02/10/2026

Since 1830, technology has cut the American workweek from 69 hours to 38 while raising real income per person roughly 20-fold. Properly managed, A.I. can do the same. My @nytopinion.nytimes.com Chart: www.nytimes.com/2026/10/02/o...

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Steve Rattner @steverattner.bsky.social · 02/10/2026

Productivity growth raises per-capita incomes, but outside the dot-com boom, it's been sluggish for 50 years. A.I. is our best chance in a generation to change that. My @nytopinion.nytimes.com Chart: www.nytimes.com/2026/10/02/o...

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Steve Rattner @steverattner.bsky.social · 02/10/2026

A.I.'s risks are real, but they can and must be responsibly managed by government oversight. With proper guardrails, we can leverage A.I.'s transformative power for shared prosperity. Read my take in @nytopinion.nytimes.com: www.nytimes.com/2026/10/02/o...

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Opinion | Six Charts That Show Just How Much We Need A.I.

All the worry about artificial intelligence should not obscure this key point: If we don’t develop it, we’ll be a lot worse off.

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Steve Rattner @steverattner.bsky.social · 01/10/2026

The S&P 500 is near a record, but if you strip out the A.I. companies, it’s down 5% since late August. My @morningjoe-msnow.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 01/10/2026

Investors now demand extra pay to hold long-term U.S. debt. Inflation, the debt, and uncertainty about the Fed and Treasury response are making the situation worse. My @morningjoe-msnow.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 01/10/2026

Trump keeps promising checks for voters but hasn’t delivered any. All these promises are fiscally infeasible anyway. My @morningjoe-msnow.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 01/10/2026

Trump's tax cuts and botched tariffs will add over a trillion to deficits over the next five years.

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Steve Rattner @steverattner.bsky.social · 01/10/2026

Trump’s tax cuts – and botched tariffs – will add $1.2 trillion to federal deficits over the next 5 years. My @morningjoe-msnow.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 01/10/2026

Inflation hit a low of 2.3% in April 2025. Then came tariffs and the Iran War, and it’s been stuck above 3% since March. My @morningjoe-msnow.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 01/10/2026

The 10-year Treasury yield is at its highest since 2007; the 30-year, its highest since 2002. Meanwhile, mortgage rates are back above 7%. My @morningjoe-msnow.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 30/09/2026

Under President Trump, the wealth of the top 1% has grown more than twice as fast as the bottom half of Americans.

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Steve Rattner @steverattner.bsky.social · 30/09/2026

Higher interest rates may throw cold water on soaring A.I. stocks.

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Steve Rattner @steverattner.bsky.social · 30/09/2026

A.I. companies will need to find at least $4.2 trillion a year in new revenue by 2031 to pay for their data center buildout, per Bain.

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Steve Rattner @steverattner.bsky.social · 29/09/2026

Despite the A.I. boom, Silicon Valley is shedding tech jobs.

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Steve Rattner @steverattner.bsky.social · 29/09/2026

Baby Boomers hold more wealth in the United States than all other generations combined.

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Steve Rattner @steverattner.bsky.social · 28/09/2026

Data centers are booming. All other private construction is shrinking.

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Steve Rattner @steverattner.bsky.social · 28/09/2026

The cost of borrowing for mortgages, car loans, and credit cards is rising. This trend will continue as long as inflation and debt proceed on their upward trajectory under Trump.

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Steve Rattner @steverattner.bsky.social · 28/09/2026

Inflation from the Iran War is significantly higher for working and middle class Americans than for top earners.

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Steve Rattner @steverattner.bsky.social · 25/09/2026

The Chinese won the trade war with Trump.

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Steve Rattner @steverattner.bsky.social · 25/09/2026

The Iran War oil shock has been more severe and lasted longer than the fallout from the Russian War in Ukraine.

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Steve Rattner @steverattner.bsky.social · 24/09/2026

After A.I., robots are the next frontier of automation, and China is dominant. My @morningjoe-msnow.bsky.social Chart:

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Steve Rattner @steverattner.bsky.social · 24/09/2026

A.I. should save money for companies, but token costs for American models from OpenAI and Anthropic are a growing expense for many firms. That's why two thirds of developers on OpenRouter switched to open-weight Chinese models that are free to use. My @morningjoe-msnow.bsky.social Chart:

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Steve Rattner @steverattner.bsky.social · 24/09/2026

The U.S. was on the frontline of building the world's top A.I. models and is still ahead. Yet China is catching up rapidly, increasing its major annual launches by 600% in 4 years. My @morningjoe-msnow.bsky.social Chart:

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Steve Rattner @steverattner.bsky.social · 24/09/2026

Microchips and A.I. are powerful and potentially dangerous technologies. Competing (and cooperating) with China on this new tech frontier requires strong and steady leadership from the White House. #TrumpXiSummit 🎥 @msnowreports.bsky.social @morningjoe-msnow.bsky.social

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Steve Rattner @steverattner.bsky.social · 24/09/2026

U.S. companies design and sell 96% of the world's A.I. chips — but more than 90% are made in Taiwan. Onshoring chip production and keeping the peace in the Taiwan Strait are both indispensable to U.S. economic and military security. My @morningjoe-msnow.bsky.social Chart:

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Steve Rattner @steverattner.bsky.social · 24/09/2026

Our frontier A.I. models are still ahead of their Chinese competitors in terms of capabilities. But just barely. My @morningjoe-msnow.bsky.social Chart:

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Steve Rattner @steverattner.bsky.social · 23/09/2026

U.S federal debt has surpassed 100% of GDP under President Trump.

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Steve Rattner @steverattner.bsky.social · 22/09/2026

Trump’s net worth hit $7 billion in 2026. That’s triple where it was in early 2024, according to Forbes data.

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Steve Rattner @steverattner.bsky.social · 22/09/2026

The Fed rate hike was inevitable with no end in sight to the Iran War and the inflation it caused. Warsh is returning to his hawkish roots.

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Steve Rattner @steverattner.bsky.social · 21/09/2026

SpaceX, Anthropic, and OpenAI are worth more than every U.S. tech IPO of the past 45 years combined.

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Steve Rattner @steverattner.bsky.social · 21/09/2026

The labor share of economic output hit its lowest point on record in Q2 2026.

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Steve Rattner @steverattner.bsky.social · 18/09/2026

Global oil stockpiles are down nearly 500 million barrels since the start of the Iran War.

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Steve Rattner @steverattner.bsky.social · 17/09/2026

The 10-year Treasury yield is at its highest since 2007 and mortgage rates are back near 6.8%. Rising inflation and rising government debt are pushing up borrowing costs for everyone. My @morningjoe-msnow.bsky.social Chart:

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Steve Rattner @steverattner.bsky.social · 17/09/2026

The Fed itself projected rate decreases this year and next before the Iran War. Now it expects rates to go up at least once more after yesterday's increases, and markets are pricing in even steeper hikes. My @morningjoe-msnow.bsky.social Chart:

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Steve Rattner @steverattner.bsky.social · 17/09/2026

Goods inflation was hovering around 0 in 2024. Then it started climbing with tarrifs and spiked after the launch of the Iran War. My @morningjoe-msnow.bsky.social Chart:

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Steve Rattner @steverattner.bsky.social · 17/09/2026

The Fed hiked rates yesterday as was widely expected thanks to inflation from the Iran War and tariffs. My @morningjoe-msnow.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 15/09/2026

The 10-year Treasury yield has hit its highest level since 2007. Bad news for anyone with a mortgage, a car loan, or a credit card balance.

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Steve Rattner @steverattner.bsky.social · 14/09/2026

The self-inflicted Middle East oil crisis continues to be the main driver of inflation.

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Steve Rattner @steverattner.bsky.social · 14/09/2026

Real wage growth was negative for the fifth consecutive month in August.

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Steve Rattner @steverattner.bsky.social · 10/09/2026

The Strait of Hormuz crisis has wreaked havoc on global oil markets. Now the Bab el-Mandeb Strait is under pressure again as Houthi attacks escalate — further endangering oil supplies, particularly from Saudi Arabia.

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Steve Rattner @steverattner.bsky.social · 10/09/2026

Since 1981, Democratic presidents have overseen the creation of 3 times as many private-sector jobs as their Republican counterparts. Excluding Reagan, the net private-sector job growth of the past 3 GOP presidents is zero.

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Steve Rattner @steverattner.bsky.social · 09/09/2026

The last 3 Democratic presidents have created 24 times more jobs than the last 3 Republicans. Nearly 50 million on the Democratic side of the ledger vs. just 2 million for the GOP.

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Steve Rattner @steverattner.bsky.social · 09/09/2026

Oil is back above $100 as the Iran War drags on. The Trump administration has failed to offer a serious endgame for the conflict, and markets are reacting accordingly.

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Steve Rattner @steverattner.bsky.social · 09/09/2026

President Trump has added more to the national debt than to economic output in his first 17 months in office. The CBO projects the gap will only widen over the rest of his term.

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Steve Rattner @steverattner.bsky.social · 08/09/2026

Real hourly wages are up only 1.7% for manufacturing workers. Working longer hours and skyrocketing inflation are not wage boosts.

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Steve Rattner @steverattner.bsky.social · 08/09/2026

Adjusted for inflation, wages are only up 1.3%.

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Steve Rattner @steverattner.bsky.social · 04/09/2026

Native-born labor force participation just hit its lowest August on record. Despite the admin's claims, deportations are not freeing up jobs for Americans — 600,000 native-born workers have left the labor force in the past year.

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Steve Rattner @steverattner.bsky.social · 04/09/2026

The jobs report this morning came in surprisingly strong: 162,000 jobs created in August. But average job growth under Trump 2.0 is still about a third of what it was during Biden's last year.

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