2min chapter

Animal Spirits Podcast cover image

Are Stocks Cheap? (EP.312)

Animal Spirits Podcast

CHAPTER

The Fear of Automation Killing Jobs, Doomers Keep Making

Lance Lambert: AI may cause the most dramatic and sustained economic boom of all time with correspondingly record job and wage growth. He says people will definitely be displaced, but if we look at the pie instead of just the parts of the pie, I do believe it will grow for these reasons. The results of a larger economy with higher material prosperity, more industries, more products and more jobs.

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