A brief transcript excerpt in which Tom Burton predicts that increased AI maturity—expected mainly in the second half of the year—will lead to more layoffs, higher unemployment, and reduced consumer spending over an 18-month horizon. Another speaker expresses reluctance to make firm predictions.
Um, one of those impacts, I really know people might call me crazy, but I actually think that with the AI maturity that's, I believe, will happen predominantly in the second half of this year. We're going to see more layoffs and we're going to see more people out of work and, you know, just things like that happening that I think you're going to, you know, will reduce the consumer spending and will just cause things to maybe ease a bit. So anyway, that's, you've now had my 18 month predictions on what's happening. That's good.
I'm not ready to put any more, any more bets out there yet.
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