Peter Linneman On AI’s Trajectory, Trump’s Tariffs And Misleading Inflation Numbers
Trillions of investment dollars are pouring into the advancement of artificial intelligence, touching nearly every sector of the economy while stoking fears that the technology could make American jobs obsolete.
However, AI isn’t going to be the jobs Armageddon that many are prognosticating, Peter Linneman argued on this week’s Walker Webcast episode, hosted by Walker & Dunlop CEO Willy Walker.
Sixty percent of the jobs in today’s economy didn’t exist 80 years ago, said Linneman, an economist and former professor at the Wharton School of the University of Pennsylvania. People have an easy time predicting what might get eliminated by AI, Linneman said, but have…