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Alex Imas

๐Ÿ‘ค Speaker
364 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

And so companies need to know, like, look, if I spend the money on it, I'm actually going to save money as a result.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

Yeah, I hate to say one-dimensional because every job is multi-dimensional.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

But if I had to make a guess where economists and other people should be kind of worried, I'd say stuff like truck driving.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

And stuff like warehouse workers.

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Alex Imas on Why Economists Might Be Getting AI Wrong

Like if you Google, you know, warehouses built in China or something like that, these warehouses look nothing like what we think about warehouses.

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Alex Imas on Why Economists Might Be Getting AI Wrong

They're completely, completely automated.

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Alex Imas on Why Economists Might Be Getting AI Wrong

They have robots like crawling on the walls.

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Alex Imas on Why Economists Might Be Getting AI Wrong

Yeah.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

There's no human in the loop at all in these warehouses.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

And so, oh, the warehouse gets automated.

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Alex Imas on Why Economists Might Be Getting AI Wrong

And then the warehouse gets automated.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

So part of that automation is going to be kind of loading that truck.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

And then the truck gets loaded through automation.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

And then that truck drives from A to B. That's fully automated.

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Alex Imas on Why Economists Might Be Getting AI Wrong

Protection is actually a big deal.

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Alex Imas on Why Economists Might Be Getting AI Wrong

Like if somebody stops it on the road, a Waymo truck, they could just stop it on the road and rob the truck, right?

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Alex Imas on Why Economists Might Be Getting AI Wrong

That's one element.

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Alex Imas on Why Economists Might Be Getting AI Wrong

Then that no longer is as important perhaps for that to be a human task.

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Alex Imas on Why Economists Might Be Getting AI Wrong

Exactly.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

And think about the incentives of the company to invest in this technology.