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Azeem Azhar

๐Ÿ‘ค Speaker
6838 total appearances

Appearances Over Time

Podcast Appearances

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

And it's not as if the Ford Motor Company or

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

AT&T was closely allied so strategically with the firms that went before.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

So it feels like this industrial transition has different characteristics.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

And perhaps it is just that bits are bits and you're building on bits.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

And so what else can we expect at this time?

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

I would love to talk also about something that I think is quite close to your heart that is, I think, quite difficult to navigate right now, which is

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

What should we think about what happens to the workforce under the speed of this kind of AI transformation?

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

And I will start with a little sort of pitch of how I see the state of the nation, which is that companies are really, really eager to...

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

make productivity improvements, and these tools can automate large parts of roles, right?

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

They can automate many, many tasks.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

And so the natural outcome for workers will be either suppression of wages or it will be loss of jobs on the flip side of that productivity gain.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

And that the question is not whether new jobs will get created because historically we've all always created new jobs.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

And we've seen work from some of your colleagues in the field of academic economics to show that most jobs in the US are in categories that didn't exist 60 or 70 years ago.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

But I suppose the question that I have is,

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

that I wonder about is what is the likelihood that the economy will create enough new jobs in those categories for there not to be some kind of schismatic dislocation as this technology rolls out?

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

How have you thought about that?

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

Well, it's fascinating because 15 years ago, the story was AI was going to come after routine jobs in offices.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

And what we have seen is

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

the souped-up autocorrect, it doesn't really matter how it works in theory.

Azeem Azhar's Exponential View
AI, markets, and power: A conversation with Paul Krugman (2025 re-run)

If it's working in practice and doing much more than that, it will have an impact, is enabling lawyers and software developers and creatives in all sorts of areas.