AIOU: what if the AI boom busts?
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 13 August 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
Corporate investment in artificial-intelligence infrastructure reaches $1.4trn by some estimates. We ask what might threaten the expected windfalls that justify the spending. A Japanese mine’s bid to be listed by UNESCO was made harder because it ignores South Korean wartime forced labour (10:49). And why a nicotine pouch has so many fans on America’s right (18:03).
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Transcript
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| 0:00.0 | The Economist. |
| 0:04.0 | Hello. |
| 0:07.0 | Hello and welcome to the Intelligence from The Economist. |
| 0:10.0 | I'm your host |
| 0:14.0 | Jason Palmer. Every weekday we provide a fresh perspective on the events shaping |
| 0:19.0 | your world. |
| 0:22.0 | Deep Deep within a gold mine on a northern Japanese island, historical tensions are being inflamed. |
| 0:31.0 | Japan would like the mine's traditional methods listed by UNESCO. |
| 0:35.0 | South Korea would like the contributions of its wartime slave labor acknowledged. |
| 0:40.0 | And there's a weird thing going on in America that mixes marketing, pouches of |
| 0:46.6 | nicotine and the political right. One brand called Zinn seems to be cleaning |
| 0:51.8 | house in part because it's got some serious Zin influencers |
| 0:55.9 | doing their advertising for them. |
| 1:00.9 | But first. We spend a lot of time on this show talking about artificial intelligence and we're not alone |
| 1:16.0 | Artificial intelligence is reshaping American life and that includes changing the investment landscape |
| 1:21.6 | private equity and venture capital firms are investing in the growing mega trend of artificial |
| 1:27.0 | intelligence. |
| 1:28.0 | Envibio has become the world's most valuable company. |
| 1:31.4 | The chipmaker's share price climbed to an all-time high. |
| 1:34.3 | The thing is, the world is in the grip of an AI boom. |
| 1:38.1 | Companies across all industries, including us here at the Economist, are trying to figure out how to put the tech to use. |
| 1:44.0 | That means investors and tech companies are just piling money into AI. |
... |
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