307 - Guest: Jeremy Ney, Economic Policymaker, part 1

About this episode

The episode discusses the impact of AI on job opportunities and economic inequality with guest Jeremy Ney.

This and all episodes at: https://aiandyou.net/ . What is AI doing and going to do to job opportunities? What does it mean to have enough, and who has too little, and what’s fair? One answer to that is to look at inequality; how different are the financial circumstances of one set of people compared to another? Here to help us understand that is Jeremy Ney, Adjunct Professor at Columbia Business School and author of an upcoming book about opportunity and inequality in America. He writes the American Inequality newsletter and was previously a macroeconomic policymaker at the Federal Reserve. His work on regional divides and economic mobility has appeared in TIME Magazine, Business Insider, BBC, NPR, PBS, and on the TED stage. We talk about how AI affects inequality in job availability, particularly recent college grads, and Jeremy has crunched a lot of current data about that. Is the answer to become a plumber or electrician? Where is the wealth dividend from automation going? We talk about the difference between low-wage and low-skill work, the Gini Coefficient, socioeconomic mobility, the cost of higher education vs the college wage premium and how schools and AI might…

People in this episode

Guest: Jeremy Ney

Topics covered

• AI and job opportunities
• economic inequality
• socioeconomic mobility
• automation
• higher education
• Gini Coefficient

Keywords

• AI
• job opportunities
• inequality
• economic mobility
• higher education
• Gini Coefficient
• automation
• socioeconomic status

Mentioned in this episode

Organizations: Columbia Business School, Federal Reserve, TIME Magazine, Business Insider, BBC, NPR, PBS

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