The article discusses the ongoing decline in the stock market, fueled by expectations of fewer interest rate cuts by the Federal Reserve and concerns over the potential impact of artificial intelligence (AI) on the job market. Key points include: 1) The S&P 500 fell for the fifth consecutive session, with technology stocks leading the decline. 2) Investors are pricing in a lower probability of rate cuts by the Fed, as recent economic data suggests resilience in the US economy. 3) Goldman Sachs analysts predict that AI could replace around 300 million full-time jobs by 2025, raising concerns about job losses and economic disruption. 4) The article highlights the potential benefits of AI, such as increased productivity and efficiency, but also warns of the need for policies to mitigate the negative impacts on workers. 5) Investors are closely monitoring developments in AI and its potential implications for various industries and the broader economy.