Hello and welcome to Money Talks, special extra podcast from Slate Money, where we chat with

brilliant and interesting people.

I'm Emily Peck.

I'm a writer at Axios and co-host of Slate Money, and I'm here today with a brilliant and

interesting person, a Nobel Prize winner.

Darren S. Moglu, welcome

to Money Talks. Thank you, Emily. It's my true pleasure to be here with you.

Darren is, as I said, Nobel Prize winning economist and a professor at MIT. The reason I wanted

to talk to you today was because of this paper that we talked about. It was recently, but it feels like a year ago.

Time flies by when you're having fun with AI.

About how AI doesn't have to be apocalyptic for workers.

It can be positive.

So we're going to get into why AI doesn't have to take away all our jobs

when we come back on Slate Money Talks.

Darren, why do you think the notion that AI will replace people's jobs? I think the CEO of Anthropic

has said it will create a job apocalypse. Why do you think that narrative has sort of taken hold, not just among the AI industry,

but it just seems like we see it everywhere now?

Well, I mean, let me first say that.

That talk isn't idle talk.

We are going in that direction.

We are moving in the direction of AI replacing people because that's what the tech companies are thinking about. That's what they're targeting.

That's what their business model is. That's what their efforts are seeking to achieve.

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