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Victoria Harris

👤 Speaker
751 total appearances

Appearances Over Time

Podcast Appearances

The Curve
The richer you are… the more you love AI?

And I was like, interesting.

The Curve
The richer you are… the more you love AI?

And he was saying that people earning over, say, 200K a year tend to love AI because they're the ones that are invested in the stock markets.

The Curve
The richer you are… the more you love AI?

It's been great for their investments.

The Curve
The richer you are… the more you love AI?

Like, it's all the tech companies, the S&P 500, all of that has done incredibly well, mainly due to AI.

The Curve
The richer you are… the more you love AI?

They're also the ones that don't feel the rising energy costs coming

The Curve
The richer you are… the more you love AI?

from the power that AI is consuming.

The Curve
The richer you are… the more you love AI?

Can you explain that?

The Curve
The richer you are… the more you love AI?

So AI is a huge energy consumer, and that has also led to the rise in energy prices because they're using so much more of the grid and the electricity.

The Curve
The richer you are… the more you love AI?

So if electricity bills are going up, say, 10%, 20%, if you're a high-income earner, you don't really feel that.

The Curve
The richer you are… the more you love AI?

And you're benefiting because you've got your money invested in the stock market.

The Curve
The richer you are… the more you love AI?

Whereas lower income earners, they don't have any money invested in the stock market or very little.

The Curve
The richer you are… the more you love AI?

They're not getting that benefit.

The Curve
The richer you are… the more you love AI?

All they're feeling is the energy costs going up.

The Curve
The richer you are… the more you love AI?

And so they're also probably more worried about their jobs.

The Curve
The richer you are… the more you love AI?

Like there's just...

The Curve
The richer you are… the more you love AI?

AI is really creating a wealth divide from the wealthy, the unwealthy.

The Curve
The richer you are… the more you love AI?

As if we don't already have that large enough.

The Curve
The richer you are… the more you love AI?

And if you've got money that you invested in the stock market, that's benefiting from AI.

The Curve
The richer you are… the more you love AI?

You're loving AI because you're seeing your investments go up.

The Curve
The richer you are… the more you love AI?

That split is just getting more and more and more.