The Julia La Roche Show #182 Tyler Cowen On Why We Might Get Lucky And AI Can Solve Out Debt Situation
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Jul 11, 2024 
Economist Tyler Cowen discusses the impact of AI on investing, education, and debt management, highlighting the importance of human connections. He explores the changing economic landscape, immigration policy, and insights on talent recruitment and real estate investments. The conversation also touches on the U.S. psychology, conflicting economic narratives, and speculation on the upcoming election year.
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Global Outlook: Balancing Risk and Progress
- The world faces rising international conflict risks, exemplified by the war in Ukraine and tensions surrounding Taiwan.
- However, promising advancements in biotech and AI offer potential solutions to major human ailments and productivity gains.
The End of Stagnation
- Tyler Cowen contrasts his 2011 book, "The Great Stagnation," which argued that progress slowed from 1973-2011, with the current resurgence of major changes.
- He attributes this resurgence to advancements in AI and biotech, marking a shift towards a more dynamic and unpredictable environment.
The Growing Importance of Human Connection in the Age of AI
- Cowen suggests that as AI improves information processing, human connections and trust will become more valuable.
- Those who are well-networked and trustworthy will thrive in this new environment.