Steph McGovern

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Good with money starts here.

Welcome back to The Rest Is Money with me, Steph McGovern.

Just love it when we're, you know, you would go a 19th century British economist.

Go on.

What did they say?

Why is it relevant to my life now?

Yeah, that's really interesting because you're right on that paradox.

It would suggest that then we'll just employ way more people and do way more stuff because we'll have more people who are really efficient.

Yeah.

And I don't know, maybe there is an argument for that because just coming back to this event, I was at this retail conference.

It was interesting to me because I thought, you know, a room full of C-suite level people in retail from all over the world would be talking about volatility and talking about supply chain disruption and talking about how do we weather this storm of what's going on in the Middle East.

And actually, that was just a tiny part of it.

Everything was about AI, you know, and they were talking about how in retail now it's totally past the experimentation phase and it's now being used in this disciplined way.

You know, agentic AI is everywhere in these retailers now, not just for chatbots, but for search and discovery and personalization and, you know, predicting customers, you know, I don't know, statistics to get products that are right for them.