employment

The latest reading on the U.S. economy shows unexpected growth, led by spending on hotels, dining out and video games. We check in with some businesses that are feeling the consumer love. So that’s how the economy is doing. But how are people feeling about it? Split, according to a new poll that shows a growing divide between what high- and low-income earners think. Also: Profits from home sales fell but are still more than double what they were five years ago. And a doctor talks about her book on racism in medicine.

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Today’s show:

Sunny Madra joins Jason to demo video creation platform Hour One (9:28), meal planner Dinnerfly (26:35), a short film titled “Borrowed Time,” entirely created using AI tools (49:18), and more!

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Timestamps:

(0:00) Sunny Madra joins Jason

(1:37) Exploring the dynamics of AI in the workplace, focusing on remote work management and efficiency debates.

(9:28) Sunny demos Hour One sparked from Reid Hoffman’s deep fake post.

(12:06) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist

(13:35) Sunny further demos his own use of Hour One.

(17:22) Sunny demos Bland AI.

(21:29) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

(22:37) Jason and Sunny analyze "Bland AI," discussing various applications and evaluating the demo.

(26:35) Sunny demos Dinnerfly.

(31:52) Gusto - Get three months free when you run your first payroll at http://www.gusto.com/twist

(34:25) A conversation on Apple’s behaviour regarding its oxygen technology in smartwatches, including a fun John Malkovich reference from the film "Rounders.”

(37:42) Sunny demos AI Comic Factory.

(49:18) Sunny presents a short film entirely created using AI tools, titled “Borrowed Time.”

Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

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LINKS:

Check out Hour One: https://app.hourone.ai/home

Check out Bland: https://www.bland.ai/turbo

Check out Dinnerfy: https://app.dinnerfy.com/

Check out AI Comic Factory: https://huggingface.co/spaces/jbilcke-hf/ai-comic-factory

Check out AI short film “Borrowing Time”: https://www.youtube.com/watch?v=WCIsHNQHcKQ

Check out Jason and Sunny’s 2024 AI bets: http://www.thisweekinstartups/bets

Check out our AI demo clips: http://www.thisweekinstartups.com/AI

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Thanks to our partners:

(12:06) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist

(21:29) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist

(31:52) Gusto - Get three months free when you run your first payroll at http://www.gusto.com/twist

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Follow Sunny

X:  ⁠https://twitter.com/sundeep⁠

Check out: ⁠https://www.definitive.io/

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Follow Jason:

X: ⁠https://twitter.com/jason⁠

Instagram: ⁠https://www.instagram.com/jason⁠

LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis

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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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Follow TWiST:

Substack: https://twistartups.substack.com

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

 The Times Briefing for the afternoon of Friday 3rd November 

For more on these stories throughout the day tune into Times Radio - on DAB, online, through your smart speaker or on the Times Radio app  

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Developing stories you need to know just in time for your drive home. Get the facts first on Morning Wire.

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President Biden recently made it clear that what we're seeing play out in the economy now is the result of "Bidenomics." The current expansion has defied the constant predictions of economic gloom. Every other day, it seems, some firm announces a new battery plant or semiconductor facility for the United States as a result of incentives from either the CHIPS Act or the Inflation Reduction Act. So what's next? How can we be confident the plants will be productive? And what is the Bidenomics view of global trade? To learn more, we speak with Jared Bernstein, the head of the White House Council of Economic Advisors. We discuss the key pillars of the White House economic agenda, and how these ambitious policy measures are being implemented.

See omnystudio.com/listener for privacy information.

Will AI actually take our jobs? It's been the biggest question since the boom of AI. With a Goldman Sachs study predicting that 300 million jobs will be lost or degraded by AI, the answer is yes...technically. Today we dive in and give our thoughts and insights.

For more details, head to our episode page.
Join the conversation and ask Jordan any questions you have here!

Time Stamps:
Full show notes here
[00:01:17] New Marvel show goes full AI
[00:02:05] Generative AI is a new cybersecurity threat
[00:02:48] Tech stock boom around AI
[00:04:20] Will AI take our jobs? Yes.
[00:05:50] Goldman Sachs predicts 300 million jobs will be lost to AI
[00:07:04] IBM, Microsoft, Facebook Google: Examples of AI and job loss
[00:10:40] OpenAI CEO warns of AI economic shock
[00:12:15] Common reason why people think AI won't take jobs
[00:31:50] Big takeaway and what can we do about it?

Topics Covered in This Episode:
1. News
- Discussion on Secret Invasion
- Generative AI as a security threat
- AI tech stock boom and its impact on the Federal Reserve

2. Will AI take our jobs?
- Citing a Goldman Sachs study predicting 300 million jobs loss
- Examples of major tech companies investing billions in AI while laying off thousands of employees

3. Answering the question: Will AI take our jobs?
- Yes, it will take many jobs and be disruptive
-Debunking reasons people think AI won't take jobs

Keywords:
Secret Invasion, generative AI, security threat, tech stock, Federal Reserve, AI taking jobs, Goldman Sachs study, tech companies, layoffs, disrupting, improving careers, resource, everyday people, learning, AI, Microsoft, Google, OpenAI

There is a good chance that in March of 2023, humans crossed a threshold into a transformative new era when a new, smarter type of AI was let loose in the wild and an AI arms race began.  

See omnystudio.com/listener for privacy information.