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Generative AI, Productivity, The Labor Market, And Choice Behavior, Federal Reserve Governor Lisa D. Cook, At The National Bureau Of Economic Research Economics Of Artificial Intelligence Conference, Fall 2023, Toronto, Canada

Generative AI, Productivity, The Labor Market, And Choice Behavior, Federal Reserve Governor Lisa D. Cook, At The National Bureau Of Economic Research Economics Of Artificial Intelligence Conference, Fall 2023, Toronto, Canada
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Detailed text transcripts for TV channel - MSNBC - 20120221:03:40:00

Manufacturing back. for one thing, a lot of those jobs have disappeared forever, not only to foreign countries, but more importantly, to computerized machine tools, to robotics. i mean, look at a modern factory today, in the united states, and you don t see many jobs. the old assembly line is gone. you see a few technicians sitting behind computer con solace that a soles that are connected up with all the robotics and all the machine tools, but you just don t have that many jobs. why do our politics, on both sides, democrat and republican, seem to have a prejudice in favor of manufacturing jobs over, for example, nursing? well, i think the entire country does. i remember clint eastwood s, i mean, that incredible halftime super bowl, you know, that sense of patriotism and nostalgia we have about manufacturing. it is also true that over the last two years, as chinese wages have gone up and as a lot of american consumers have wanted ....

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Detailed text transcripts for TV channel - MSNBC - 20120221:06:39:00

I was thrilled to read your article this week, and i said, we got to get bob to talk about this. the title of your piece is manufacturing illusion. are the presidential candidates trying to manufacture illusions about manufacturing? i think they are, lawrence. look, i m all in favor of trying to get manufacturing back, and certainly, rick santorum and mitt romney have been talking a lot about manufacturing. even the president unveiled last month a six-point plan for getting manufacturing back. and i think the president s plan is much better than the republican s. but the fact of the matter is, we re not going to get manufacturing back. for one thing, a lot of those jobs have disappeared forever, not only to foreign countries, but more importantly, to computerized machine tools, to robotics. i mean, look at a modern factory today, in the united states, and you don t see many jobs. the old assembly line is gone. you see a few technicians sitting behind computer con solace that are so ....

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