Prof G Markets AI is Taking Jobs — Here’s How to Stay Indispensable
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Nov 3, 2025 Scott and Ed dive into the latest Big Tech earnings, analyzing who might be over or undervalued. They explore AI's role in job displacement, arguing that those adept with AI will thrive, while many conventional roles face risks. The hosts identify companies vulnerable to layoffs and highlight low-risk jobs resistant to automation. They also review the recent Trump-Xi trade talks, critiquing U.S. strategy and suggesting opportunities in diversifying rare earth supplies. Tune in for insights on navigating the evolving job market!
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Chasing A Stolen Car Dressed As Picard
- Scott recounts chasing a car thief while dressed as Captain Picard on Halloween.
- He stopped when he feared the thief might be armed and later recovered the car after disputes with BMW.
Tech Firms Becoming AI Utilities
- Big tech firms are shifting from asset-light toll booths to asset-heavy utilities by massively increasing AI CapEx.
- Early CapEx leaders may capture outsized long-term returns but risk lower short-term ROIC.
Earnings Show AI Driving Growth And CapEx Tension
- Amazon, Google, Microsoft, Meta, and Apple reported strong AI-driven growth across cloud, ads, and devices.
- Investors punish heavy near-term CapEx even as the market rewards long-term AI positioning.