Julie Chang

He's with me now.

Jonathan, can you just briefly tell us what are depreciation expenses for people who might not know?

How does that differ from the way other industries account for depreciation expenses?

And you write in your column that rule changes are already on the way.

What are those changes and when do they take effect?

You know, there's been a lot of talk about a potential AI bubble.

Does this give us any insight into just how frothy this market might be?

That was Hurt on the Street columnist Jonathan Weil.

What do you make of major spending on the AI build-out?

If you're a listener on Spotify, leave us a comment with your thoughts.

Coming up, how is the tech sector preparing for the next wave of automation?

And what does that mean for the future of your job?

Stay with us.

That's after the break.

After a few years of artificial intelligence experimentation in the workplace, we're starting to see tangible effects of AI on the nature of work, from productivity gains and evolving processes to layoffs and hiring freezes.

Erik Brynjolfsson is a professor at Stanford's Institute for Human-Centered AI and a co-founder of research and software company WorkHelix.

At the recent WSJ Technology Council Summit, he sat down with the WSJ Leadership Institute's Wendy Bounds to discuss how AI is really influencing the labor market, from the difference between using AI to automate jobs versus augment them, what he calls deterring trap, and more.

Here are highlights from their conversation.

That was Stanford professor and Work Helix co-founder Eric Berniolson speaking with the WSJ Leadership Institute's Wendy Bounds.

We'll link the full talk in the show notes.