AI Fire Hose #4: Crash, Boom, and Chatbots
Real Vision: Finance & Investing
00:00
The Impact of AI on the Economy and Countercyclical Industries
This chapter explores the effects of AI on the economy, particularly in countercyclical industries. It discusses the potential of AI to attract more capital during a recession and the decision of employing human workers versus AI in different economic conditions. It also touches on the use of AI in replacing services and its impact on cost-cutting measures.
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Transcript
