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.

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

imagined. But with language-based AI such as chat GPT, that concern about being displaced

by tech seems more well-founded. So what does it mean for journalism?

And Reneget Guja helped to transform the way the world thinks about post-colonial India,

by viewing change from the long overlooked perspective of lower classes and casts. We reflect

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

But first...

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

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

New York store after a four-year renovation. There were celebrities, there was ribbon-cutting,

and then there were queues around the block to get in. That might come as a surprise.

American shoppers have had a roller coaster three years. Early in the pandemic, they couldn't spend.

COVID crisis has impacted so many industries this year as the virus forced businesses across

the country to close their doors. Then with stimulus checks in hand, they couldn't stop spending.

Then supply chain constraints, war in Ukraine, record inflation. How is it all shaking out

by now? Well, Tiffany's is doing just fine, but not every retailer is having such a sparkling time.

If you look at the distribution of income in America, most households, perhaps unsurprisingly,

neither poor nor rich, they're sort of somewhere in the middle.

Tom Lee Devlin is the economist's global business correspondent and co-hosts Money Talks,

our sister show on business and finance. As a result of that, many consumer-facing companies

...