Part 11/15:
A major segment explores AI’s transformative potential. Sorcin believes AI will significantly boost productivity, but warns that the initial phase—focused on speed—may mask underlying inefficiencies. Long-term, true productivity gains depend on the development of high-quality outcomes, which require patience and innovation.
He points out that AI could cause significant employment shifts, potentially paralleling the mass unemployment of the 1930s, but with a new set of social and economic challenges. The economic narrative remains incomplete—it’s not just about technology but about societal adaptation and regulation.