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Robert Rubin

๐Ÿ‘ค Speaker
171 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

is to do exactly what I just said, but there's no political ability to get, not a lot of political focus on it, and really no political ability to get it done.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

Yeah, yeah, I get the question.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

I don't have much wisdom on that.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

I've asked our people that, too.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

I mean, clearly, the labor market has softened.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

There's no question about that.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

I'll give you my personal opinion, whatever it's worth, but it's really mostly based on just what I think about AI.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

I think AI has the potential for tremendous positives in terms of productivity, which, by the way, could be partially responsive, albeit not fully responsive, to our fiscal trajectory.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

And our fiscal trajectory, on multiple basis, seems to me as a tremendous risk to our economy over time.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

So this could be partly responsive to that.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

productivity, increased growth, increased revenues, and so forth.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

But I think a lot of, yeah, I do think it's going to have very substantial job replacement effects.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

A lot of things that are being done now by people are going to be done by AI.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

And AI, as you know, what is the human mind?

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

The human mind is neural systems, right?

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

What is AI?

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

AI is neural systems.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

And if you take AI and you pursue it, and some of you know much more about this than I do, but you pursue, you build bigger and bigger

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

data centers and more and more capacity, you create neural systems that are able to do not only the more mundane task, Lisa, but many of the kinds of complex thinking that we're accustomed to associating with human beings.

Bloomberg Talks
Former Treasury Secretary Robert Rubin Talks Tariffs

And that, as you know, is sort of the question of AGI.