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Joe Wiesenthal

πŸ‘€ Speaker
1003 total appearances
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Podcast Appearances

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

You know, people are worried, right, about AI white collar wipeout.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

I'm worried.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

So maybe the question should be, what would have to be true about either the nature of AI capabilities or the relationship between tasks and job?

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

What would have to be true such that the scenario could unfold?

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

That's interesting because, you know, obviously...

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

a lot of people in freight will say, the way you make that argument is very different than they'll say, well, yeah, driving a truck is much more than the driving part, right?

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

So it's like, okay, you could have a Waymo truck, but who's going to deliver it?

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

Who's going to deliver it?

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

But to your point...

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

You know, if like one of the tasks that a truck driver has to do is that coordination once they've gotten to the warehouse.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

But if the warehouse is already automated, these are complementary things.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

Okay.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

I get that.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

But on the other hand, even going back 10 years, I think if you went to Davos, there were probably people saying truck, I'm worried about the future of truck driving because AVs have been around as like a thing since before AI, general AI.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

So in terms of like post-Chad GBT jobs, et cetera, that would be concerned with like, I don't know, what do you see out there or what are you looking at?

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

So it's not really like a new job per se, but it is freeing up the software engineers to like ask about different things or explore different avenues that they hadn't previously done.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

Finally, we're freed up from the drudgery of our day-to-day life to work on that.

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

But no, but like this gets to a sort of, you know, the big question is like, you mentioned one scenario is just that like the technology can do all the tasks, right?

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

How seriously do you take that possibility?

Odd Lots
Alex Imas on Why Economists Might Be Getting AI Wrong

Because then it's game over, right?