Andrew Ross Sorkin

I think the reason why no one's focused on the rest of the economy, first of all, the AI story, I think, is the more exciting part, but it is what I think is, I don't wanna say propping up the economy, but it's keeping the economy.

So you think we need to be talking about this much more outside of the sort of like tech and data centers and that investment?

I'm just kidding.

Nope.

All right, but here's the question.

So, you know, 1932 comes around and we had unemployment in this country at 25%.

25%, yeah.

Okay, it was pretty crazy.

Yeah.

If the AI boom is as successful as I think we're all excited it could be, and it affects every industry in every way and all the things we're discussing here,

There need to be massive productivity gains, like massive, like crazy.

And invariably, productivity gains are sort of a euphemism for cutting costs in some other way.

And that ultimately probably is going to have an impact on employment in this country.

Or do more things.

or do more things?

And the question is, which one is it?

Or by the way, is it a combination of both?

I would probably think- Yeah, it's a combo.

Okay, so two quick answers.

Yes, that conversation happened, but not nearly as quickly as it happened, for example, after GFC of 2008.