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Economist Podcasts

Suck in the middle: the hole in America’s consumer base

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 12 May 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

The past few years have proved tumultuous both for American consumers and for retailers selling to them. The end result is a curious slump for middle-of-the-road brands. Artificial intelligence like ChatGPT stands to disrupt everything from art to coding; we self-interestedly explore probable effects on journalism. And remembering Ranajit Guha, a historian who saw a different India by looking bottom-up. 


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Transcript

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0:00.0

Hello, I'm currently out of office.

0:04.4

An article I read recently said we're more relaxed and more productive after a good break.

0:14.4

So I've gone to Barbados for a month for science. Yours, Toby. Take your holiday as seriously as British

0:26.7

Airways holidays take your holiday. Atul protected. This episode is sponsored by Tradeu,

0:35.1

the multi-asset platform that lets you trade with an institutional edge.

0:40.6

Get access to Jeffrey's research, trading view and analyst AI, all free with your

0:46.4

trade-do account.

0:48.1

Tradeu, your trade, your move.

0:51.7

Explore more at tradeu.com. Your capital is at risk. Terms and conditions apply.

1:01.2

Hello and welcome to the intelligence from The Economist. I'm your host, Jason Palmer. Every weekday, we provide a fresh perspective on the events shaping your world.

1:14.6

People have worried about robots coming for their jobs since the time robots were first imagined.

1:20.6

But with language-based AI, such as chat GPT, that concern about being displaced by tech seems more well-founded.

1:28.3

So what's it mean for journalism?

1:30.3

And Radajit Guha helped to transform the way the world thinks about post-colonial India

1:38.3

by viewing change from the long overlooked perspective of lower classes and castes.

1:43.3

We reflect on a life spent understanding the past so as to influence the future.

1:53.0

But first...

1:58.0

One of America's most recognized names in jewelry recently got a facelift.

2:05.1

That's cool right there.

2:06.9

Tiffany and co, or just Tiffany's, you know, the breakfast place, reopened its flagship

2:13.6

New York store after a four-year renovation.

2:17.1

There were celebrities, there was ribbon cutting,

...

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