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Josh Brown

๐Ÿ‘ค Speaker
107 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

And he stood there and he pressed people's floors for them.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

He operated the elevator or maybe this is before buttons and he used the lever.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

Is anyone like what happened to all the good elevator operator jobs?

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

There were trucks that drove around Brooklyn.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

They were knife-sharpening trucks.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

They had the same bells as, like, an ice cream truck, and they would roll slowly through a neighborhood, and all the women would come running out of their kitchens, aprons on, with an armful of knives that needed sharpening.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

And then the technology improved to the point where, hey, we don't actually need to sharpen knives.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

We throw them out and buy new ones.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

It's like...

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

Of course, we're going to have disruption and entire categories of jobs being lost.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

The thing that people are worried about is that they all happen at once.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

The more realistic scenario is that this rolls industry through industry.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

And as each industry sees...

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

lots of jobs be disrupted.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

It creates new ones in their wake.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

And look, I think what most people end up realizing is that AI is a better complement to experienced workers than it is a replacement.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

doesn't mean no one gets replaced.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

It means the people that don't get replaced, utilize AI and do bigger business.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

And that leads to more job creation in other areas of the economy.

Prof G Markets
Why a Doomsday AI Blog Wiped Out $300 Billion

It happens every time it'll happen this time.