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AI is an incredibly exciting space, provoking both great wonder and fear. One of the big worries obviously is: What will happen to everyone's job? Will it make more people's livelihoods obsolete, causing even greater inequality than we have now? On this episode, we speak with an economist who argues that this concern is not just misplaced, but exactly wrong. MIT's David Autor, famous for his work on the China shock, contends that the last 40 years of advances in computer technology have been a major driver of inequality, but AI should be seen as an entirely different paradigm. He argues that human work, aided by AI, will remove the premium captured by extremely high-paid, experienced professionals (like doctors or top lawyers) as their capabilities become more diffuse. He also discusses what policy choices the government should be making to improve the odds that AI will prove societally beneficial. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Check out more Odd Lots: • Odd Lots Get the Odd Lots newsletter via https://www.bloomberg.com/account/new... And for all things Odd Lots, visit https://www.bloomberg.com/oddlots Visit our other YouTube channels: Bloomberg Television: / @markets Bloomberg Originals: / bloomberg Quicktake: / @bloombergquicktake #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: / podcasts For coverage on news, markets and more: http://www.bloomberg.com/video