AAA Daily Fuel Gauge Report for Friday, 10/15/21

American Dollar to Canadian Dollar = 0.761768; American Dollar to Chinese Yuan = 0.155712; American Dollar to Euro = 1.159478; American Dollar to Japanese Yen = 0.009032; American Dollar to Mexican Peso = 0.048153.

Oil is losing steam after rising more than 5 percent last month as Trump repeatedly raises the stakes against China, rattling markets. Along with other risky assets, oil took a blow on concern the escalating tension will threaten growth that drives energy demand amid record U.S. output. That could hinder the efforts of the Organization of Petroleum Exporting Countries and its allies to curb a global glut and prop up prices. “The market is currently concerned for the escalating China-U.S. trade war tensions,” said Bjarne Schieldrop, chief commodities analyst at SEB AB. “And with good reason, since this will be bad for global growth and oil demand growth further down the road.” Click Read More below for additional information.

You'll see the sentiment expressed in many of our AI Week articles, in other content at DMN, and even in AI-forward books like What To Do When Machines Do Everything. The human touch will still be needed. For marketing; for business in general. And that's correct. There's no doing without humans, not just for the immediate future, but possibly not at all. It's easy to agree with that, but in fact there's a very specific reason machines can't do what humans can do, and it's worth exploring what it is.