Are We Screwed If AI Works? — With Andrew Ross Sorkin

Andrew Ross Sorkin is an anchor at CNBC, columnist at The New York Times, and author of 1929, a bestselling book about the worst market crash in history. Sorkin joins Big Technology Podcast to discuss whether AI achieving its potential could lead to a similar crash, either via a labor shock or the disruption of software. Stay tuned for the second half where we discuss private credit risks, prediction market gambling, and the SpaceX IPO. Hit play for a dynamic conversation about where AI could lead, and its potential economic benefits or consequences.

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Chapters:

0:00 Introduction

3:37 Could AI's Success Cause a Market Crash?

7:02 The Mass Unemployment Question

34:39 Private Credit Explained

39:09 Private Credit Alarm Bells

42:43 The AI Debt Risk

47:14 The Prison of Financial Mediocrity

54:38 Could We Have a 1929-Scale Crash?

56:11 Fed Independence

1:03:08 The SpaceX IPO

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