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Mina Kimes

๐Ÿ‘ค Speaker
4557 total appearances

Appearances Over Time

Podcast Appearances

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

So

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

Is this being forced on employees by corporations?

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

That would require a separate question to know for sure.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

But we're looking basically at a technology whose adoption is rising faster than any technology that's been measured, including the computer revolution.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

So I think it's important to say to Mina's question first, that every indicator we can see shows rising use of AI that basically has no historical precedent.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

All these people are using it for free, right?

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

A lot of them are using it for free, but also the fact that Anthropic and OpenAI are two of the fastest growing businesses in history suggests that there's a lot of people that are paying for it as well.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

So you have both rising, you have evidence both of rising adoption and evidence of rising revenue.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

And so I do think that when you put those together, you have a phenomenon that is like clearly showing penetration throughout the US economy.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

But there's a second point here, or maybe a better way to put this, is there's an interesting tension, I think, between Mina's

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

point and the power of the Citrini argument.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

The Citrini post presumed not that AI was vaporware or that AI was being a technology pushed on employees by corporate overlords when the underlying technology didn't do anything.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

In a way, the Citrini post that moved markets by a

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

so useful that it displaces trillions of dollars of labor activity, that it is used so frequently and at such mass scale that you essentially have so many people thrown into unemployment that demand in the economy crashes.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

And because GDP, gross domestic product, is equal to gross domestic income, if income in the economy declines significantly, what you have is a recession.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

So the Citrini post was essentially asking people to imagine not a world in which AI's impact on the labor market is being overrated, but rather a world in which we are underrating just how fast AI is spreading.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

And if it grows so quickly and companies use it so often and individuals using AI are seen to be so productive โ€“

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

Their productivity will displace other workers who aren't using AI, who will be laid off.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

They'll be unemployed.

Pablo Torre Finds Out
Share & Bubble & Tell with Mina Kimes and Derek Thompson

They won't spend money.