AI is Not An Apocalypse

AI is Not An Apocalypse

From Behind the Markets Podcast by Behind the Markets

February 27, 2026 · 45 min

About this episode

The episode discusses the positive impacts of AI on productivity and economic growth, countering doomsday scenarios.

Show from 02/27/26 Host Jeremy Schwartz and Professor Siegel discuss Professor Siegel’s response to a viral AI “doomsday” scenario, emphasizing that productivity gains from AI would expand output, wages and leisure rather than cause mass permanent unemployment, and arguing that macroeconomic growth from higher productivity would generate trillions in new income to absorb displaced workers. He also weighs in on falling 10-year yields, recent inflation data, oil risks tied to Iran, productivity trends, and his expectation for market rotation away from the MAG 7 toward value and non-AI sectors. (13:40) Jeremy continues with Jeff Weniger and Sam Rines to debate whether AI lowers barriers to entry and enhances innovation rather than destroying knowledge work, put recent tech and software selloffs into perspective against broader market resilience, and examine global equity leadership with strong performance in Japan, Korea and Europe relative to a flat S&P 500, highlighting valuation gaps and structural underweights to non-U.S. markets in portfolios. WisdomTree: https://www.wisdomtree.com/investments

People in this episode

Host: Jeremy Schwartz

Guest: Professor Siegel

Topics covered

  • AI productivity
  • macroeconomic growth
  • market rotation
  • global equity leadership
  • tech selloffs
  • innovation

Keywords

  • AI
  • productivity gains
  • macroeconomic growth
  • market rotation
  • tech selloffs
  • global equity
  • valuation gaps

Mentioned in this episode

Organizations: WisdomTree

Places: Iran

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