Live: Anthropic co-founder on AI and jobs

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Planet Money 30 min 7 speakers 8 chapters transcribed 4 months ago
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What is the significance of AI in the current economy?

Brittany Luce 0:00
This year, for the first time in NPR's history, public media is operating without federal funding. That means NPR needs your support now more than ever. I'm Brittany Luce from It's Been a Minute. Please do your part to keep independent, reliable news coverage strong and support the podcasts that get you through the day by making a gift for public media giving days. Head over to donate.npr.org.
Kenny Malone 0:25
This is Planet Money from NPR.
Erika Barris 0:30
Hey, everyone. For the past couple weeks, the Planet Money team has been on the road on Book Tour. Tonight, live from New York, the Planet Money book launch.
Alex Mayasi 0:41
I'm in San Francisco. What's going on?
Kenny Malone 0:43
So excited to be in Boston.
Erika Barris 0:44
Hello, everyone. Thank you so much.
Kenny Malone 0:45
We say hello, Seattle. Is that a thing we get to do on Book Tour? Yes.
Erika Barris 0:51
We have been crisscrossing America doing live shows to help promote the new Planet Money book. We've been in New York, D.C., Boston, San Francisco, Seattle, Los Angeles. And this is a rare thing that we don't get to do very often. We don't get to meet and talk with so many of you. In DC, we played this game with the audience to demonstrate a concept known as the wisdom of the crowds. This is the idea that if you ask a large group of people to guess the price of something, like a piece of art, the average will actually be pretty close to correct.
Ryan 1:24
You all guessed that this piece of art is worth, oh, come on, guys, $693 trillion?
Erika Barris 1:32
I don't think that's right. It wasn't a perfect study. In New York, our hosts Amanda Aronchik and Mary Childs answered audience questions about how we choose what stories to report or not report.
Brittany Luce 1:45
It was weird to look at the list of episodes that I thought I was going to make, and one of them was just cocaine.
LAUGHTER
Brittany Luce 1:52
We also have a running thread where we just yell drugs at each other because we keep wanting to make a how does a drug become legal episode. Yes, but the lawyers have said no.
Erika Barris 2:00
And at every stop, we have gotten the true delight of meeting so many of our listeners turned readers, some of whom it seems like maybe should be writing their own economics books.
Ryan 2:13
My name is Ryan, and I'm really glad you were talking about cargo shipping because I'd like to hear your thoughts on the Jones Act, which was briefly, and for those who aren't maritime shipping nerds, I'll just contextualize briefly. The Jones Act is a subsection. Actually, please do. Do our job for us. I love this.
Erika Barris 2:30
Now, we do have a few stops left on this book tour, but obviously we can't make it to every city in America. Can't actually make it to most of them, really. And so we thought, not everyone can come to the book tour. Let's bring the book tour to everyone. Hello and welcome to Planet Money.
Daryl Fairweather 2:48
Hello and welcome to Planet Money. Hello and welcome to Planet Money. Hello and welcome to Planet Money.

How does Jack Clark envision the future of AI and work?

Daryl Fairweather 2:53
Oh wow, that's good.
Erika Barris 2:55
Hello and welcome to Planet Money. I'm Erika Barris. In every city on the tour, we've been doing these interviews with special guests. They've been Planet Money regulars like economists Raj Shetty and Emily Oster and some people in the news like the co-founder of Anthropic, Jack Clark.
Jack Clark 3:12
By April 2027, AI systems should be able to do tasks that might take a person 150 hours. Now, what is that? That's almost a month's worth of work, which requires strange things to happen in the economy. Yeah, but like what task is it doing? Like what task are you thinking of?
Kenny Malone 3:28
What's the last bit of work that took you a month? Writing these questions for you took more time than I wanted. Yeah, yeah.
Erika Barris 3:33
And also people like economist Daryl Fairweather, who's trying to help regular people understand the massively complex economy. housing market.
Daryl Fairweather 3:42
So I think a good metaphor for the housing market is musical chairs. Like the people who already own houses are sitting in their chairs. And whenever there's a new spring housing market, some people get up and they move and they select a new chair. And if you're not adding more chairs in, you can't get first time homebuyers into the market so easily.
Erika Barris 4:01
Today on the show, two stops from our live book tour, San Francisco and Seattle, where we'll talk about AI anxiety and how you, yes, you could be the key to fixing the housing crisis.

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