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AI is Overhyped, Will Only Worsen Inequality: Simon Johnson

The Contrarian Investor Podcast

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The Limits of AI

Nathaniel Angle: How AI is going to be this great opportunity, not just an investing opportunity, but an opportunity to enhance productivity. He says the default rejection we're on is one in which the emphasis is on machine intelligence and replacing people with machines. Angle: When we look back over a thousand years, episodes when people have been replaced by machines have been much less favorable for most people than moments where we figured out how to make people more productive.

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