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Currently Playing: Will AI Really Deliver Growth?

Is AI actually going to solve our productivity problem? Diane Coyle is an Economist and Professor at the University of Cambridge where she looks at the economic impact of the digital economy, including artificial intelligence. Her new book is called ‘The Measure of Progress: Counting What Really Matters’ (https://shorturl.at/PuHgF). 📧 80% of personal finance on 2 pages https://makingmoney.email/80-guide-diane 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-advisors-video 🎉Sponsors Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney Tide - Get 3.81% AER variable on your business savings. Use this link https://www.tide.co/offers/makingmoneyq1 or the code 'MAKINGMONEYQ1'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. New members receive a 0.77% AER boost on the standard 3.04% until 01/06/25 after which the rate reverts to 3.04% with no interest on balances over £75,000. Rate correct as of 06/02/2025. Full terms:tide.co/terms/makingmoneyq1-tnc. - If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00 - Introduction 00:29 - When Will AI Drive Economic Growth? 08:33 - Could AI Make Our Lives Worse? 14:35 - Vanta Ad 15:27 - The Hidden Cost: The Time Tax 19:55 - How Good Is AI Right Now? 24:18 - How AI Will Improve Our Lives 27:01 - Tide Ad 28:00 - Is Your Job at Risk? 30:40 - Why GDP Isn’t Enough 34:50 - What Should We Measure Instead? 39:58 - The Origins of GDP 42:12 - The Future of AI 44:48 - 80% of What You Need to Know on Two Pages