Jim Lebenthal
speaker
650 appearances
1 recordings
1 series
first heard Jul 2026
last heard 28 Jul
Jim Lebenthal’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Yes, it did.
But here's the punchline.
Over the last 30 years, employment in financial services has gone up by 20%, inclusive of the demise of all those jobs.
That is creative destruction.
And there is destruction.
So there aren't as many New York Stock Exchange floor jobs.
But there's all these new jobs, financial planners, performance reporters, high frequency traders.
You may not like high frequency traders, but it's a job that did not exist before all this data became cheap and the ability to transmit it became effortless.
So jobs are destroyed, but more jobs are created.
That's what will happen with artificial intelligence.
Ryan, and the data supports you strongly.
Consider that we're coming up on the fourth anniversary of ChatGPT being launched, four years.
And for all the talk about how many jobs are going to be destroyed by it, we've got unemployment here in the United States at about 4.3%.
We're going to get a labor report in a couple of days.
It's probably going to be positive again.
Initial weekly jobless claims have shown no uptick in firing.
I like your term fear porn.
I'm not going to use names, but there was a research.
And for those of you who are listening and not watching, I just put air quotes.
There was a research article that came out in February that started with the line, we are not engaging in doom porn, which was then, you know, that was a that was a.
Showing 601–620 of 650 · page 31 of 33
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