We explore the compelling questions surrounding artificial intelligence. Will AI create more new jobs than it destroys? Is AI already destroying jobs? Are we seeing overinvestment in companies and infrastructure in the AI space? Is there evidence that AI has increased productivity?Sponsors<a href="https://moneyfortherestofus.com/join" rel="noopener noreferrer" target="_blank">Money for the Rest of Us Plus</a><a href="https://assetcamp.com/" rel="noopener noreferrer" target="_blank">Asset Camp</a>Show Notes<a href="https://www.axios.com/2025/05/28/ai-jobs-white-collar-unemployment-anthropic" rel="noopener noreferrer" target="_blank">Behind the Curtain: A white-collar bloodbath by Jim VandeHei and Mike Allen—Axios</a><a href="https://www.reddit.com/r/singularity/comments/1lid8a7/yuval_noah_harari_says_you_can_think_about_the_ai/" rel="noopener noreferrer" target="_blank">Yuval Noah Harari Statement - Post by Nunki08—Reddit</a><a href="https://www.challengergray.com/wp-content/uploads/2025/07/Challenger-Report-June-2025.pdf" rel="noopener noreferrer" target="_blank">Challenger Report June 2025—Challenger, Gray & Christmas</a><a href="https://www.the-independent.com/news/business/jobs-chatgpt-ai-automation-adzuna-b2779656.html" rel="noopener noreferrer" target="_blank">Entry level jobs fall by nearly a third since ChatGPT launch by Karl Matchett—The Independent</a><a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/strategic-insights-for-m-and-a-in-the-evolving-ai-market" rel="noopener noreferrer" target="_blank">Strategic Insights for M&A in the Evolving AI Market—S&P Global</a><a href="https://www.nytimes.com/2025/07/10/technology/nvidia-4-trillion-market-value.html" rel="noopener noreferrer" target="_blank">Nvidia Becomes First Public Company Worth $4 Trillion by Tripp Mickle—The New York Times</a><a href="https://www.economist.com/business/2025/07/10/silicon-valley-is-racing-to-build-the-first-1trn-unicorn" rel="noopener noreferrer" target="_blank">Silicon Valley is racing to build the first $1trn unicorn—The Economist</a><a href="https://mitsloan.mit.edu/ideas-made-to-matter/how-to-use-generative-ai-to-augment-your-workforce" rel="noopener noreferrer" target="_blank">How to use generative AI to augment your workforce by Betsy Vereckey—MIT Management</a><a href="https://www.ft.com/content/3db52a71-7660-405d-9e5e-42a97d2d64ca" rel="noopener noreferrer" target="_blank">Humans must remain at the heart of the AI story by Marc Benioff—The Financial Times</a><a href="https://www.theatlantic.com/technology/archive/2025/07/ai-radicalization-civil-war/683460/" rel="noopener noreferrer" target="_blank">The AI Industry Is Radicalizing by Matteo Wong—The Atlantic</a><a href="https://economics.mit.edu/sites/default/files/2022-10/Tasks%20Automation%20and%20the%20Rise%20in%20US%20Wage%20Inequality.pdf" rel="noopener noreferrer" target="_blank">TASKS, AUTOMATION, AND THE RISE IN U.S. WAGE INEQUALITY by DARON ACEMOGLU AND PASCUAL RESTREPO—Econometrica</a><a href="https://coloradosun.com/2025/07/07/mike-lindell-attorneys-fined-artificial-intelligence/" rel="noopener noreferrer" target="_blank">MyPillow CEO’s lawyers fined for AI-generated court filing in Denver defamation case by Olivia Prentzel—The Colorado Sun</a><a href="https://www.nytimes.com/2025/07/07/business/ai-job-cuts.html?smid=nytcore-ios-share&referringSource=articleShare" rel="noopener noreferrer" target="_blank">Which Workers Will A.I. Hurt Most: The Young or the Experienced? by Noam Scheiber—The New York Times</a><a href="https://academic.oup.com/qje/article/140/2/889/7990658" rel="noopener noreferrer" target="_blank">Generative AI at Work by Erik Brynjolfsson,&nbsp;Danielle Li,&nbsp;Lindsey Raymond—Oxford Academic</a><a href="https://ml-site.cdn-apple.com/papers/the-illusion-of-thinking.pdf" rel="noopener noreferrer" target="_blank">The Illusion of Thinking: Understanding the Strengths and Limitations of Reasoning Models via the Lens of Problem Complexity by Parshin Shojaee et al.—Apple</a>Related Episodes<a href="https://moneyfortherestofus.com/507-where-you-live-matters-how-geography-contributes-to-wealth/" rel="noopener noreferrer" target="_blank">507: Where You Live Matters – How Geography Contributes to Wealth</a><a href="https://moneyfortherestofus.com/457-ai-crossroad/" rel="noopener noreferrer" target="_blank">457: AI’s Fork in the Road: Societal Bliss or Existential Threat</a><a href="https://moneyfortherestofus.com/439-invest-in-ai/" rel="noopener noreferrer" target="_blank">439: How and Why to Invest in AI</a><a href="https://moneyfortherestofus.com/417-will-ai-replace-jobs/" rel="noopener noreferrer" target="_blank">417: Will Generative AI Replace Your Job?</a>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

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