Meet the folks prepping for an AI economic revolution

Marketplace

News, Business

4.6 • 8.5K Ratings

🗓️ 5 May 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Some aren’t saving for retirement, while others aren’t saving for or staying in college. Today we’ll hear from a handful of artificial intelligence true believers who think a revolution is inevitable and are preparing for a future — and economy — that looks radically different than the one we now live in. We’ll also examine why the U.S. has so many banks and why insurers are going on hiring sprees.

Transcript

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0:00.0	It's been pretty busy and we've only got seven minutes.
0:05.5	Do you think we can wrap up the whole week from American public media?
0:10.6	This is Marketplace.
0:12.8	In Los Angeles, I'm Kai.
0:23.2	Resolute is Friday today.
0:24.9	The fifth day of May.
0:26.3	It is always to have you along.
0:28.5	Hey, Jobs first, the April unemployment report, 253,000 new jobs in this economy.
0:34.2	We will talk about that.
0:35.8	J. Powell, the Fed and interest rates will talk about that as well.
0:39.2	Some other stuff too.
0:40.2	I am sure we'll do it with Heather Long.
0:42.3	She's at the Washington Post gate.
0:43.4	Davidson is at Bloomberg.
0:44.4	How you two?
0:45.4	Hi, Kai.
0:46.4	So Heather, I want to start with you and I want to start with the jobs report.
0:50.2	Obviously, 253,000 new jobs.
0:52.5	The unemployment rate goes down to 3.4%.
0:54.8	I want to talk to you about two things.
0:57.7	Unwages and two, the people in this workforce, primage workers.
1:02.7	Wow.
	...

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