WSJ's Take On the Week cover image

WSJ's Take On the Week

Is the AI Boom Real? And Will We See It in This Week’s Jobs Report?

Mar 31, 2024
Gabriela Santos from J.P. Morgan Asset Management discusses key takeaways from the latest earnings season. LinkedIn's chief economist, Karin Kimbrough, talks about the growing importance of AI in the job market. Santander Bank CEO Tim Wennes addresses the issue of Americans missing out on high interest rates from their savings accounts.
25:08

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Podcast summary created with Snipd AI

Quick takeaways

  • AI is creating a fundamental shift towards increased productivity and automation in various industries.
  • The labor market is evolving with a growing demand for AI expertise, reshaping job opportunities and skill acquisition.

Deep dives

Earnings Season Highlights Strong Hypercap Tech Earnings and AI Trends

The latest earnings season revealed better-than-expected results and an upward trend for earnings, especially in hypercap tech companies. The focus on artificial intelligence (AI) was prominent, with companies showcasing actual implementations rather than just mentions. The importance of monetizing AI for various industries was emphasized, signaling a fundamental shift in the economy towards increased productivity and automation.

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