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This former top Biden and Obama economic official is worried about the speed of AI
Key takeaways
- Be wary of the speed at which AI is displacing workers throughout the US economy.
- The transition from agriculture to manufacturing services “played out over many decades.
- The speed of AI’s impact on the labor market will be a key determinant of how significant this is from the perspective of workers and the macroeconomy, he explained.
This former top Biden and Obama economic official is worried about the speed of AI Brian Sozzi · Executive Editor Mon, May 25, 2026 at 7:20 PM GMT+7 3 min read Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, You Tube, or wherever you find your favorite podcasts.
Be wary of the speed at which AI is displacing workers throughout the US economy.
“The thing that we need to take more seriously is not just the potential magnitude of the impact [on jobs from AI], but the speed with which it plays out,” BlackRock deputy head of its portfolio management group Mike Pyle said on a new episode of Yahoo Finance s Power Players with Brian Sozzi podcast (watch above; listen below).
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