r/ScottGalloway
Elon promises AI will create an "age of abundance" and more jobs, but a Nobel-winning economist calls it B.S.
While Musk is out here claiming that AI hasn't caused major unemployment and will magically lead to "Universal HIGH INCOME," actual experts disagree. In this clip, Nobel laureate Daron Acemoglu completely dismantles the tech bro narrative that AI will generate more jobs than it destroys, literally laughing and calling it "B.S.". Acemoglu warns unemployment could actually triple in the next decade if we stay on our current trajectory.
“That’s not X, that’s Y” and other clear AI tells in Scott’s scripts
I’ve raised this before but would like to raise it again as the problem seems to be getting worse - it seems like every 30 second of Scott’s dialogue across his podcasts there is a clear and obvious tell that he’s reading off AI generated scripts.
Just in the first few minutes of today’s Prof G Markets episode there are the following lines:
“which isn't a forecast. It's a monopoly fantasy wearing a spreadsheet.”
“That's not pricing to perfection. That's pricing to hallucination,”
Its unfortunate because this particular AI tell is one of the laziest and easiest to catchas a way that people never speak in real life.
EDIT: I’m not suggesting this isn’t a legitimate turn of phrase, but the frequency of its use in the podcasts, paired with the fact that it is an identifiable way of speaking that AI generates disproportionately suggests that the scripts are clearly/overly written by AI.
The Democrats are so fucked. Hear me out...
Love Scott and Jes, but you can hear the giddiness in Jes's voice every episode when she talks about the Dems' rising poll numbers. Those of us who are Dems are happy about it too, but let's play this out.
Dems roll in November and take the House, maybe the Senate. Then what? Investigations, fine. There needs to be some. But the economy is on track to fall apart, and right around the time Dems take power (Republicans are praying it doesn't happen before the elections), it'll be on the cusp of free fall. Not the markets, the economy every day Americans: gas prices through the roof, inflation, rising interest rates, no end to the war, bond markets blinking red. And the biggest drivers of all this, the tariffs and the war with Iran, are largely in the White House's control, not Congress's. Anything a Dem House and Senate pass to rein them in, Trump will just veto. So they'll own the economy to the voters on paper without being able to do much to fix it.
Trump is already priming the country for this. He knows knows full well that the congress is lost yet in every speech he's staying if Dems win and the economy shits the bed, he and his party will say over and over, "See? THIS is what happens when Democrats are in charge!" You and I know that's bullshit and that they're the ones who got us here. But he's already priming them for the outcome and most low-information voters will just think, "Yeah, everything's pretty bad, and they're the ones in power now."
Prediction: one step forward, two steps back. Republicans lose one or both chambers in November, then spend the next two years leveraging the damage they caused by blaming the Dems to inevitably take it all back, probably even the White House. I hope I'm wrong, but the chaos of the next two years could make the last two look like a rom-com.