🧠 The AI mindset is too focused on cost minimization: Mohamed El-Erian

AI chatbots, at least for now, this this current wave of innovation is already starting to drive a lot of productivity. How much of a risk is it to jobs around the world. How concerned are you.>> I'm concerned mainly because of the corporate mindset, Brian. If you look at the promise of AI, there is a labor displacement risk and there's a massive labor enhancing opportunity. The worry I have that with the exception of a few companies, the mindset right now in corporate America is about cost minimization.AI ...