Jeffrey Sachs

speaker

2,235 appearances 19 recordings 10 series first heard Oct 2024 last heard 5d ago

Jeffrey Sachs’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 14 in all, peaking in Sep 2026 with 4.

Appearances

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Breaking Points with Krystal and Saagar · 6/1/26: US Bombs Iran, Jeff Sachs On WH Econ Lies, Artists Bail On Trump 250th Event · 1 Jun 2026 podcast

is absolutely falling as a share, but for a great part of our society, what workers get is falling in absolute terms.

And AI will speed that up.

Artificial intelligence substitutes these algorithms for human labor and whatever anyone says

This is a process that's been going on for decades and wages are stagnant or falling for those segments of the labor force where that substitution can occur.

Let's say 30 years ago, it was people on the assembly line.

Those jobs didn't go to China, those jobs went to the robots.

Now the jobs are going to Claude and to others.

And this is happening actually with a new swath.

We know it's with the college graduates this year.

They're not finding jobs when they come out.

And this is showing up as this shift of national income.

The second thing that's happening, I think,

most likely, this is always a judgment that only can be made ex post, is that we really have a bubble.

We really have the Elon Musk thrill that we got the gazillion dollar companies and the trillion dollar man and all the rest.

I see no way, personally, that the valuations that are being put on big tech and on the IPOs can in any way be justified because one of the

core features of these technologies is that they diffuse.

There really is competition.

There isn't somehow control by the first mover.

China runs AI on an open source stack because it's trying to compete with the United States.

So it's trying to get users all over the world.

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