Is AI Killing or Saving the Economy? (Jobs, Stock Bubble, & Healthcare)
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Will artificial intelligence destroy millions of jobs—or unlock the next wave of economic growth?
On this episode of Payne Points of Wealth, entrepreneur and author Vivek Wadhwa joins the team for a spirited debate about AI’s impact on jobs, investing, healthcare, and the future of the U.S. economy.
Wadhwa argues that AI is advancing faster than businesses, workers, and regulators can adapt. But could an aging workforce, labor shortages, and new opportunities for entrepreneurs make AI exactly what the economy needs?
We explore why a technology can change the world without making today’s leading AI companies tomorrow’s winning investments—and whether a shift toward AI running on personal computers could challenge the massive spending on cloud infrastructure.
Plus, Wadhwa shares the personal story behind his work on affordable, AI-powered medical diagnostics and explains why he believes the H-1B visa system needs a fundamental overhaul.