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Ed Elson

๐Ÿ‘ค Speaker
4561 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
What the AI Scare Gets Wrong

I think it is the investor's job to ask what could go right.

Prof G Markets
What the AI Scare Gets Wrong

Because as you say, if you are an investor and you spend all your time thinking what could go wrong, you are going to get absolutely destroyed.

Prof G Markets
What the AI Scare Gets Wrong

If you never put your capital to work, if you never take risks, if you always think that tomorrow is going to be doomsday, you're just never going to get rich.

Prof G Markets
What the AI Scare Gets Wrong

That's just the reality.

Prof G Markets
What the AI Scare Gets Wrong

So that's why we're asking this question.

Prof G Markets
What the AI Scare Gets Wrong

This is an investing show.

Prof G Markets
What the AI Scare Gets Wrong

This is a markets show.

Prof G Markets
What the AI Scare Gets Wrong

If you want a chance of getting rich, sorry, you must ask yourself what could go right.

Prof G Markets
What the AI Scare Gets Wrong

You have no other choice.

Prof G Markets
What the AI Scare Gets Wrong

If you want to just sit and stay, you know, never increase your income, never increase your assets, then okay, go for it.

Prof G Markets
What the AI Scare Gets Wrong

And just always ask what could go wrong.

Prof G Markets
What the AI Scare Gets Wrong

Having said that,

Prof G Markets
What the AI Scare Gets Wrong

I also think that it is the government's job to ask what could go wrong.

Prof G Markets
What the AI Scare Gets Wrong

It's the regulator's job to be asking that question.

Prof G Markets
What the AI Scare Gets Wrong

What could AI do to job displacement?

Prof G Markets
What the AI Scare Gets Wrong

How many jobs could it theoretically get rid of?

Prof G Markets
What the AI Scare Gets Wrong

If that happens, what is going to be our response to that?

Prof G Markets
What the AI Scare Gets Wrong

How do we regulate this technology such that we don't walk into an economic disaster?

Prof G Markets
What the AI Scare Gets Wrong

And the thing that I am noticing right now

Prof G Markets
What the AI Scare Gets Wrong

is that the investors right now seem to be obsessed with the question of what could go wrong, which is a bad idea, and the government seems to be obsessed with the question of what could go right.