Alex Imas on Why Economists Might Be Getting AI Wrong

Bearish:

• $TRUCKING - Truck driving and warehouse jobs are most at risk from AI automation due to complementary task automation creating strong incentives for companies to invest in full automation.

  • “if I had to make a guess where economists and other people should be kind of worried, I'd say stuff like truck driving”

    Alex·22:26

  • “And stuff like warehouse workers. Like, you Google, you know, warehouses built in China or something like that, these warehouses look nothing like what we think about warehouses. They're completely, completely automated. They have robots, like, crawling on the walls. There's no human in the loop at all in these warehouses.”

    Alex·22:35

  • “So, oh, the warehouse gets automated. And then the warehouse gets automated, so part of that automation is going to be kind of loading that truck. Yeah. And then the the truck gets loaded through automation, and then that truck drives from a to b that's”

    Alex·22:55

  • “These are complementary things.”

    Alex·23:53

  • “And think about the incentives of the company to invest in this technology. It's huge. These are very know, these are some of the only jobs truck driving where, you know, you don't need a college degree to earn a lot of money. And so there's a big incentive on the company.”

    Alex·23:58