Latest / The Bill Handel Show / ‘Tech Tuesday’ with Rich DeMuro | The Jobless Boom
Transcript
- 0:01Speaker 1: You're listening to bill Handle on demand from kf I
- 0:04Speaker 1: AM six forty.
- 0:12Speaker 2: FI AM six forty bill Handle. Here it is a
- 0:17Speaker 2: Tuesday Morning, August eighteenth, and that means it's a text
- 0:21Speaker 2: segment with Rich Murrow.
- 0:26Speaker 3: Thank god.
- 0:28Speaker 4: Oh sorry, I'm reading about new features on ways and
- 0:31Speaker 4: I'm at the feature I wanted. Finally came to it anyway, Sorry,
- 0:36Speaker 4: move on, carry on?
- 0:38Speaker 3: Thank god? What the feature is?
- 0:41Speaker 4: Yeah?
- 0:41Speaker 2: No, that is a promo, know, Rich? That is so
- 0:46Speaker 2: much a promo now and I think, kno, how does
- 0:51Speaker 2: Rich to Murrow feel about his tech segment?
- 0:54Speaker 3: Thank god? All right, Rich to Morrow? Of course.
- 1:01Speaker 2: I mean you could have been really embarrassed. This could
- 1:04Speaker 2: be naked, This could have been naked guns.
- 1:06Speaker 3: All right.
- 1:07Speaker 2: The website is rich on Tech dot TV h the
- 1:12Speaker 2: uh show Rich on Tech right here on KFI Saturday's
- 1:15Speaker 2: eleven to two pm on Instagram at rich on Tech
- 1:18Speaker 2: and good morning Rich. Do we have a bunch of topics? Okay,
- 1:24Speaker 2: starting with AI companies buying and destroying old books.
- 1:29Speaker 3: What is that about?
- 1:31Speaker 4: How wild is this? So you've got, you know, the
- 1:33Speaker 4: most advanced technology in the world, AI that is relying
- 1:39Speaker 4: on old books just being consumed by computers that scan them.
- 1:45Speaker 4: So there's a whole bunch of reports out there that
- 1:48Speaker 4: AI companies are just buying up physical books like crazy.
- 1:52Speaker 4: They cut off the spines, they scan them, of course,
- 1:55Speaker 4: destroying the books in the process because they want to
- 1:58Speaker 4: train their AI models. And the reports that even old,
- 2:01Speaker 4: rare and out of print books are all swept up
- 2:05Speaker 4: in this, and it's pretty wild because you know, why
- 2:08Speaker 4: do they want these old books? We'll think about it.
- 2:10Speaker 4: Books are written by humans. Older books especially were around
- 2:15Speaker 4: before AI, so this actually gives you a good idea
- 2:19Speaker 4: of how thoughts and topics were presented before AI got
- 2:24Speaker 4: involved in just about every aspect of the editing process.
- 2:28Speaker 4: So I think people don't necessarily have an issue with
- 2:31Speaker 4: this with you know, new books and things like that.
- 2:34Speaker 4: But it's the old books, the rare books, the out
- 2:36Speaker 4: of print books that these companies are gobbling up and
- 2:39Speaker 4: destroying that some people are like, ah, that's a little odd.
- 2:43Speaker 3: Okay, So here is a question.
- 2:44Speaker 2: I don't know anybody who's crazy enough to give up
- 2:47Speaker 2: a rare book and early print something that is really
- 2:52Speaker 2: in demand. I can certainly see old books that are
- 2:58Speaker 2: in print that are falling apart, for example, I don't
- 3:01Speaker 2: have a problem with that, But are AI companies spending
- 3:05Speaker 2: enough money to where they are buying old, rare books.
- 3:12Speaker 2: Is that being caught up in this whole influx.
- 3:17Speaker 4: Yeah, I mean according to some of these reports. They
- 3:19Speaker 4: had one report of this bookseller in I believe it
- 3:22Speaker 4: was in London and they were basically saying they might sell,
- 3:26Speaker 4: you know, two or three thousand books a month, and
- 3:29Speaker 4: they got an order in one day from one of
- 3:31Speaker 4: the AI companies for like thousands of rare books in
- 3:34Speaker 4: one day, Like they sold more than their whole month's
- 3:37Speaker 4: allotment in one day. And so I guess they are
- 3:39Speaker 4: finding the rare books, they are seeking them out. To
- 3:42Speaker 4: your point, Yes, if someone has a one time copy
- 3:47Speaker 4: of something, I doubt they're going to hand it over
- 3:49Speaker 4: to anthropic to cut off the spine and scan all
- 3:51Speaker 4: the pages. But some of these books that you know,
- 3:54Speaker 4: there might be limited copies available around the world, that's
- 3:57Speaker 4: what they want to get their hands on. And so
- 3:59Speaker 4: it's not just the major mass market paperbacks and textbooks
- 4:04Speaker 4: that they're looking for. They are going after some of
- 4:06Speaker 4: the more rare finds because think about it, the more
- 4:09Speaker 4: that they can feed into these AI models, the better
- 4:13Speaker 4: they get and the more perspective they have from the past.
- 4:16Speaker 4: So it makes a lot of sense. It's just kind
- 4:19Speaker 4: of an odd thing that's going on in our world
- 4:21Speaker 4: that people may not realize. How are these companies being trained.
- 4:24Speaker 4: It's not just the Internet. They're hungry for more information
- 4:27Speaker 4: that may not be online just yet.
- 4:30Speaker 2: Okay, here's the story I want to cover. Also, Uber
- 4:33Speaker 2: Eats is getting into the drone delivery. Now, these I
- 4:38Speaker 2: guess pilots now have to be really really small to
- 4:42Speaker 2: fly those drones, don't they.
- 4:46Speaker 4: Yes, they are only finding the tiniest of humans to
- 4:49Speaker 4: get inside. They look like Lego figurines. You pop them
- 4:52Speaker 4: in there they drive these things. This is Uber rates
- 4:55Speaker 4: teaming up with a company called Zipline and what we've
- 4:58Speaker 4: noticed Uber doing, and they're kind of taking an approach
- 5:02Speaker 4: to transportation where they don't necessarily need to own or
- 5:07Speaker 4: run all of the platforms or technology that they're using.
- 5:11Speaker 4: More and more, they are just saying, Okay, you do robots,
- 5:14Speaker 4: we'll take your technology. You do drones, we'll take your technology.
- 5:18Speaker 4: You do self driving cars, we'll take your technology, and
- 5:21Speaker 4: they incorporate it into their app. So they are almost
- 5:24Speaker 4: like a kayak for transportation. However, you want to get
- 5:28Speaker 4: the last mile, they will work with you to bring
- 5:30Speaker 4: it to your front door. And so that's what they're
- 5:33Speaker 4: doing with this company called Zipline, one of the biggest
- 5:35Speaker 4: drone delivery companies out there, already working with other major
- 5:39Speaker 4: companies to deliver things like burritos and medicine and all
- 5:43Speaker 4: kinds of stuff around the country. This is going to
- 5:46Speaker 4: be the first time they're partnering with Uber Eats. Their
- 5:49Speaker 4: goal is one million drone deliveries per day by the
- 5:54Speaker 4: end of twenty twenty nine, and they would basically just
- 5:57Speaker 4: zipline this thing down to your sidewalk or your backyard
- 6:02Speaker 4: and you'd get your burrito burrito.
- 6:05Speaker 3: I'm thinking of pizza.
- 6:06Speaker 2: I mean the thought of getting a hot slice of pizza,
- 6:10Speaker 2: because I order pizza all the time, and at best
- 6:14Speaker 2: it is warm when it is delivered. Yeah, and nice
- 6:17Speaker 2: hot pizza.
- 6:18Speaker 3: Oh man.
- 6:20Speaker 2: There is a pizza place that I go to because
- 6:22Speaker 2: I don't have it delivered, which is the best pizza
- 6:25Speaker 2: I've ever had in the US. And you have to
- 6:28Speaker 2: go there and have it hot right out of the oven,
- 6:31Speaker 2: otherwise it just doesn't work.
- 6:34Speaker 3: So I can see that the pizza. I really can't.
- 6:38Speaker 4: These deliveries are going to take five to ten minutes
- 6:41Speaker 4: versus up to a half an hour with traditional methods.
- 6:44Speaker 3: Yeah, and usually it's thirty five to forty minutes.
- 6:46Speaker 2: If you go to Domino's and and Neil and I
- 6:48Speaker 2: both love their pan pizza, and that is worth it.
- 6:52Speaker 2: I'd love to get a hot, hot pan pizza. Okay,
- 6:55Speaker 2: you've been testing a smartphone that you can repair yourself. Oh,
- 6:59Speaker 2: explain that one to me.
- 7:01Speaker 4: Yeah, this is kind of a long time coming in
- 7:04Speaker 4: the US. We know that phones have gotten more sealed
- 7:07Speaker 4: up as time has gone on, tougher to replace parts yourself,
- 7:12Speaker 4: like a battery. But this is a company called fair Phone.
- 7:15Speaker 4: They have been selling smartphones in Europe for a while
- 7:19Speaker 4: now and they've been repairable and now for the first
- 7:22Speaker 4: time they are bringing this to the US. So they
- 7:25Speaker 4: sent me one. It's called the fair Phone Gen six.
- 7:28Speaker 4: It's about six hundred and fifty dollars. And when something breaks,
- 7:31Speaker 4: guess what you can actually repair it yourself. It comes
- 7:35Speaker 4: to the mini screwdriver. So there's twelve things you can replace,
- 7:38Speaker 4: including the screen, ninety dollars for the replacement part, new battery,
- 7:42Speaker 4: forty dollars, replacement usbcport about twenty dollars, and I fix It,
- 7:48Speaker 4: which is the company that does all the teardowns of
- 7:50Speaker 4: every single gadget that comes out. They give it a
- 7:53Speaker 4: ten out of ten for repair ability. This is an
- 7:57Speaker 4: Android phone. Again, I'm still working through. It's still testing it.
- 8:01Speaker 4: But it looks like an iPhone. And yeah, there's screws
- 8:05Speaker 4: on the back you can take off. I have not
- 8:06Speaker 4: done that yet, but I will to see how it
- 8:08Speaker 4: all works.
- 8:09Speaker 3: How sophisticated is it?
- 8:10Speaker 2: What kind of features does it not have that your
- 8:13Speaker 2: iPhone or high end Samsung would have.
- 8:17Speaker 4: I mean, the specs are actually pretty good. The processor
- 8:19Speaker 4: is not the latest, greatest. It's a Snapdragon, which is
- 8:23Speaker 4: you know, it's fine. It's not like the best one
- 8:26Speaker 4: that's in the Samsung. It's got twelve gigs of RAM,
- 8:28Speaker 4: which is actually quite good. Today's smartphones typically have between
- 8:32Speaker 4: twelve and sixteen. It's got a nice six point three
- 8:35Speaker 4: inch screen o lead which is the latest, greatest technology.
- 8:38Speaker 4: It's got a fifty megapixel main camera. It also has
- 8:41Speaker 4: i know, expandable storage, which everyone calls into my radio
- 8:46Speaker 4: and show and says, rich, can I find a phone
- 8:47Speaker 4: with expandable storage. It's nearly impossible these days, but yes,
- 8:51Speaker 4: this has it, and it's got the not the latest
- 8:54Speaker 4: version of Android, but a pretty good version. And by
- 8:56Speaker 4: the way, they say that the support for this phone
- 9:00Speaker 4: is going to be for a couple of years, like
- 9:02Speaker 4: you're going to get support through like I mean, they're
- 9:05Speaker 4: saying twenty thirty three. That seems insane, but there you go.
- 9:09Speaker 2: Hey, how many people actually use the features and what
- 9:13Speaker 2: the newer smartphones offer.
- 9:15Speaker 3: I don't.
- 9:16Speaker 2: I mean, I just don't even come close to using
- 9:18Speaker 2: what it offers with my iPhone.
- 9:20Speaker 4: I think there's two yeah, I think there's two types
- 9:23Speaker 4: of people here in the US. It's people like myself,
- 9:26Speaker 4: power users that want the latest, greatest everything you can
- 9:30Speaker 4: use on your phone. They know all the features, they
- 9:32Speaker 4: know the ins and outs. And then there's everyone else,
- 9:34Speaker 4: which is basically, you know, the average person that just
- 9:37Speaker 4: wants to take a picture, they want to send a text,
- 9:39Speaker 4: they want to serve social media. And that's fine. And
- 9:41Speaker 4: that's why again we've talked about this, This is why
- 9:44Speaker 4: people are keeping their phones for so long, Because I know, Bill,
- 9:47Speaker 4: you said you just recently got a new phone. I mean,
- 9:49Speaker 4: are you sitting there going, oh my gosh, this phone
- 9:51Speaker 4: has all these features that my old one didn't. No,
- 9:53Speaker 4: it probably takes a slightly better picture, and it's slightly faster.
- 9:56Speaker 2: Yeah, that's basically it. And I don't care, you know,
- 9:59Speaker 2: the only the only pictures that I take. Well, I
- 10:03Speaker 2: don't want to go into those pictures because you know,
- 10:05Speaker 2: I didn't get arrested.
- 10:06Speaker 3: For a lot of them. But I don't.
- 10:08Speaker 2: You know, I don't use it at all, and yet
- 10:12Speaker 2: I keep on buying new ones because everything I touch
- 10:14Speaker 2: there's an aura about me that even my wife will
- 10:17Speaker 2: tell you. Anything I touch electronically sort of falls apart.
- 10:21Speaker 2: It's very strange, doesn't work well. But do you know
- 10:25Speaker 2: all the features of the phone? I had a BMW,
- 10:27Speaker 2: for example, an EV which I just got rid of.
- 10:31Speaker 2: It has seven hundred features on it. I asked the
- 10:34Speaker 2: people there when I had it repaired. Does anybody know
- 10:37Speaker 2: the car what it can do?
- 10:38Speaker 3: Nope? How about the people that who program it? Nope.
- 10:43Speaker 2: Nobody knows everything that it does because they build it
- 10:47Speaker 2: in segments. As far as programming is concerned, I'm assuming
- 10:51Speaker 2: that's the same thing with sophisticated phones.
- 10:55Speaker 4: I mean, look to get into infotainment systems on cars,
- 10:58Speaker 4: I don't think anyone, no mere mortal can figure those out.
- 11:01Speaker 4: I mean, if if you can connect your phone to
- 11:03Speaker 4: Bluetooth in your car, you're doing better than the ninety
- 11:06Speaker 4: nine percent of the US. So I think those are
- 11:09Speaker 4: tricky because those those systems are overly complicated. They have
- 11:13Speaker 4: to run the car, which is a whole other can
- 11:15Speaker 4: of worms. Give me CarPlay, give me you know, give
- 11:19Speaker 4: me Android Auto. I'd be happy with that. But when
- 11:21Speaker 4: it comes to phones. Bill, you know, I wrote a
- 11:23Speaker 4: book a couple of years ago on the iPhone, and
- 11:25Speaker 4: I'll never forget the whole reason I wrote it was
- 11:27Speaker 4: because I did a segment on TV where I showed
- 11:30Speaker 4: literally the simplest feature ever. It was the fact that
- 11:33Speaker 4: you could use your phone to zoom in on a
- 11:35Speaker 4: menu and it could magnify it, and people had no
- 11:37Speaker 4: idea there's a magnifying glass built into the iPhone. And
- 11:41Speaker 4: it was like one of the most popular segments. I did.
- 11:43Speaker 4: Took no work and I was like, okay, and I
- 11:45Speaker 4: did one hundred more tips. People, you know, they couldn't
- 11:47Speaker 4: get enough of the book because they're like, I can't
- 11:49Speaker 4: believe my phone can do all these things and it's
- 11:51Speaker 4: still that way. Yeah.
- 11:52Speaker 2: I'm finding out stuff every day, and of course I
- 11:54Speaker 2: forget it right afterwards, but I find it astounding. All right,
- 11:59Speaker 2: Rich will catch you the Saturday eleven o'clock right here
- 12:02Speaker 2: on KFI. Rich on Tech dot tv is Rich's website
- 12:06Speaker 2: Instagram at rich on Tech.
- 12:07Speaker 3: Catch you next way go. Actually, I'll catch you this
- 12:09Speaker 3: weekend on your show.
- 12:11Speaker 4: All right, all right, thanks Bill.
- 12:12Speaker 2: Take care if you listen to my commercials, which hopefully
- 12:16Speaker 2: you do. I do a commercial for Leer Capital the
- 12:19Speaker 2: people that buy sell hold gold for you, and usually
- 12:25Speaker 2: during the course of the commercial will talk about how
- 12:27Speaker 2: absolutely crazy the economy is and son of it makes
- 12:31Speaker 2: some of it makes no sense. So the chief executive
- 12:36Speaker 2: of Stripe, which is a digital payments company, Patrick Collusion.
- 12:41Speaker 3: Collision Collison.
- 12:45Speaker 2: Has one point five million followers on x And what
- 12:48Speaker 2: he did is he took a survey. Thirteen thousand people
- 12:52Speaker 2: took the survey, and on average, they expect economic growth
- 12:56Speaker 2: to double over the next five years. Economic growth to double,
- 13:02Speaker 2: employment to fall by around eight percent. And this is
- 13:09Speaker 2: known as the AI optimist scenario, where AI vastly increases
- 13:14Speaker 2: economic output while making tens of millions of workers redundant,
- 13:20Speaker 2: don't need them. And here's the issue. Employment never collapses
- 13:25Speaker 2: by that much, and so when output is skyrocketing, it doesn't.
- 13:30Speaker 2: But they never had AI before, and AI can produce
- 13:36Speaker 2: a whole lot more for a lot less. Remember when
- 13:39Speaker 2: cars were being manufactured and there were thousands of people
- 13:43Speaker 2: in a car manufacturing facility, two three thousand workers. Today
- 13:48Speaker 2: you can build a car with fourteen people. Everything is
- 13:51Speaker 2: roboticized danger Will Robinson. Everything is by robots, the painting,
- 13:57Speaker 2: the welding, the assembly, very few people. And that it
- 14:02Speaker 2: killed the car industry in terms of employment. And cars
- 14:06Speaker 2: are better built there Theoretically cheaper would be because labor
- 14:10Speaker 2: is way down, but you have other issues involved. The
- 14:14Speaker 2: magnitude aren't what matters. It's the direction that it's all going.
- 14:19Speaker 2: So a jobless boom once seemed far fetched because the
- 14:24Speaker 2: economy was growing and people were getting all kinds of
- 14:27Speaker 2: jobs outside of the jobs that could be done with robots.
- 14:32Speaker 2: But nope, no longer does. We're in a jobless boom
- 14:37Speaker 2: right now now. Real inflation adust adjusted gross domestic product
- 14:43Speaker 2: that's how you measure a country.
- 14:45Speaker 3: Everything that it produces, it sells.
- 14:47Speaker 2: Manufacturers that average two point one percent last year, that
- 14:54Speaker 2: was in line with the previous year. This year it's
- 14:58Speaker 2: one point five in the second quarter, which is terrible.
- 15:04Speaker 2: So you have unemployment, which is god awful. You have
- 15:08Speaker 2: gross to much domestic product, which is god awful. The
- 15:14Speaker 2: stock market is delivering a completely different picture. Even through
- 15:20Speaker 2: tariffs and war and higher oil prices disappointing GDP, it
- 15:27Speaker 2: is going to rise thirteen percent, or it did so
- 15:30Speaker 2: far this year.
- 15:31Speaker 3: That is astronomical.
- 15:34Speaker 2: Last week, stops went to recordize after Treasury Secretary Scott
- 15:40Speaker 2: percent said the US and Iran. US and Iran could
- 15:43Speaker 2: strike a deal to open up the straight of horror
- 15:45Speaker 2: moves in a day or two, and stock market reacted,
- 15:50Speaker 2: oh boy.
- 15:51Speaker 3: We're now going to have the straight opened. Do we
- 15:54Speaker 3: have the straight open? Of course not.
- 15:57Speaker 2: But the problem is, and I don't get it at all,
- 16:00Speaker 2: is at what point does the market stop believing what
- 16:05Speaker 2: the administration is saying. Every time the administration says, oh boy,
- 16:10Speaker 2: we're on the verge, stocks go up, Oh boy, Iran
- 16:16Speaker 2: is desperate to get a deal. Stocks go up. Oh
- 16:21Speaker 2: gas prices are down. Even though they're up, stocks go up. Teriffs,
- 16:28Speaker 2: they're kicking in stocks go up, and when we realize
- 16:33Speaker 2: or know that the strait is still closed, stocks go
- 16:38Speaker 2: down a little tiny bit. And then when we're told that, oh,
- 16:43Speaker 2: the deal is here, the war will end in a
- 16:46Speaker 2: few days, we're at it. We have all the ammunition
- 16:50Speaker 2: we need, all of those all of those naysayers who
- 16:54Speaker 2: say we're running out of ammunition, they're all liars. Stocks
- 16:58Speaker 2: go up. Now some explanations for this? And what are
- 17:04Speaker 2: some explanations? And it's really weird. There was a survey
- 17:10Speaker 2: done by Patrick Collison, chief executive Stripes Digital Payments company.
- 17:15Speaker 2: He polled one point five million followers that he has
- 17:18Speaker 2: and thirteen thousand dollars took the survey. On average, they
- 17:21Speaker 2: expect economic growth, which is what we're experiencing big time,
- 17:25Speaker 2: to double over the next five years. That's what was expected.
- 17:30Speaker 2: Employment to fall by around eight percent. And frankly, none
- 17:37Speaker 2: of this makes sense, particularly because as the company's corporations
- 17:42Speaker 2: are making more and more money in the stock market
- 17:45Speaker 2: is spectacular, unemployment is either flat or it's going up. Now, why, well,
- 17:55Speaker 2: let's come up with some reasons. And they asked the experts.
- 17:58Speaker 2: As a Wall Street Journal when into interviewing experts on this.
- 18:03Speaker 2: One explanation is that it's a bubble. It's that simple.
- 18:07Speaker 2: We're in the middle of a bubble. Another one is
- 18:10Speaker 2: that it tells us something about the future that growth
- 18:14Speaker 2: is going to accelerate, not necessarily the job opportunities out
- 18:21Speaker 2: there now. In a bubble, stock prices typically go up
- 18:26Speaker 2: faster than earnings. Earnings are based on, of course, what
- 18:31Speaker 2: a corporation earns and valuations of the company, what's at
- 18:35Speaker 2: worth and the company the more money it makes, the
- 18:38Speaker 2: higher the evaluation. But it doesn't connect anymore with employment.
- 18:44Speaker 2: But in the last year, earnings have risen far faster
- 18:48Speaker 2: than even prices, and certainly the prices of the stocks.
- 18:54Speaker 2: Now if you exclude Amazon, dot Com and alphabet because
- 18:58Speaker 2: those results were in flame by investment gains, earnings of
- 19:03Speaker 2: corporations were up thirty two percent in the second quarter.
- 19:07Speaker 2: That is astounding. Now a lot of this is because
- 19:11Speaker 2: of AI, which may in itself be a bubble. And
- 19:16Speaker 2: so the median earnings growth of S and P five hundred,
- 19:20Speaker 2: the five hundred biggest companies out there, is thirteen percent
- 19:25Speaker 2: this year from eight percent two years ago. That's according
- 19:28Speaker 2: to Bank of America and man it's higher than the GDP,
- 19:34Speaker 2: the gross domestic product. I mean, it is crazy. And
- 19:38Speaker 2: I'll tell you something else that makes no sense. You
- 19:40Speaker 2: think it's AI that are driving the market. It used
- 19:44Speaker 2: to be, but now banks and small stocks, which are
- 19:49Speaker 2: sensitive to the state of the business cycle, they're up
- 19:53Speaker 2: bigger than the big what's called the big Tech's Magnificent seven,
- 19:58Speaker 2: the biggest, hugest company that are in tech, and so
- 20:03Speaker 2: the big picture companies across the economy, not just AI
- 20:07Speaker 2: companies are seeing solid demand, extraordinary profit, extraordinary revenue. But
- 20:12Speaker 2: there's one little problem. Hiring. Hiring is down. Payrolls shrank
- 20:20Speaker 2: in July, fifth time in the past twelve months. That
- 20:24Speaker 2: is not good. And so the slide and the slide
- 20:28Speaker 2: in job growth hasn't pushed up the unemployment rate.
- 20:31Speaker 3: So hang on a bit.
- 20:32Speaker 2: How is it possible that there are fewer jobs but
- 20:36Speaker 2: unemployment is down. Employment is doing well with fewer jobs.
- 20:42Speaker 2: What is that about. Well, it's people leaving the workforce.
- 20:48Speaker 2: Baby boomers are retiring like crazy, which means they're no
- 20:51Speaker 2: longer in the job force. People have been looking for
- 20:55Speaker 2: jobs longer than six months are no longer being counted.
- 20:59Speaker 2: And now that's how it's all happening, and it makes
- 21:03Speaker 2: none of it makes sense. And the economy none of
- 21:06Speaker 2: it makes sense. And oil is through the roof, inflation
- 21:11Speaker 2: is there, and the economy is just buzzing at a
- 21:16Speaker 2: record pace. None of this makes sense. Hey, is Ai?
- 21:21Speaker 2: Is Ai really driving it all?
- 21:23Speaker 3: Well?
- 21:23Speaker 4: It was.
- 21:25Speaker 3: We're going to talk about a lot more of that.
- 21:27Speaker 2: You know, it's a good chance you're going to lose
- 21:30Speaker 2: your job. I'm in the middle of a contract, so
- 21:32Speaker 2: I don't care. But the rest of you here working
- 21:36Speaker 2: just be prepared for Ai taking over your jobs.
- 21:38Speaker 3: We're done, guys. That's it.
- 21:40Speaker 2: Tomorrow morning we come back again five am. Will and Amy,
- 21:44Speaker 2: Neil and I jump aboard from six to right about now,
- 21:48Speaker 2: and don't forget Kono and Ann, who try as hard
- 21:51Speaker 2: as they can to make life miserable for me and
- 21:53Speaker 2: usually succeed spectacularly.
- 21:57Speaker 3: Gary and Shannon up next.
- 21:58Speaker 2: Catch you in the morning, same time, same station, KFI
- 22:02Speaker 2: AM six point.
- 22:04Speaker 3: You've been listening to The Bill Handle Show.
- 22:06Speaker 2: Catch My Show Monday through Friday, six am to nine am,
- 22:10Speaker 2: and anytime on demand on the iHeartRadio app.