Here’s some of what we discuss in this episode:
🤖 Job Disruption Fears – AI as tool, not replacement
📊 AI Market Bubble? – Dot-com comparisons and caution
💼 Hidden Exposure – AI inside index funds
🔁 History Repeats – Automation changed jobs, not work
🧑💻 Human Still Matters – Advisors remain essential
Today’s Hack
You’ve seen the headlines. The IMF says AI is hitting the labor market “like a tsunami.” Elon Musk says work will be “optional” within 20 years. Sam Altman says superintelligence could outperform top executives. It’s a lot. And if you’re within ten years of retirement, it’s hard not to lose a little sleep over the implications of it all. Today, Phil tries to bring some sanity and reason to the emotional headlines.
Go Inside the Episode:
0:00 – Intro
1:11 – Question #1
6:29 – Question #2
11:29 – Yale’s Budget Lab Research
12:54 – Question #3
15:24 – AI versus Human Financial Advisor
Check out the articles mentioned in this episode:
CNBC article: AI impacting labor market ‘like a tsunami’ as layoff fears mount
Yale’s Budget Lab article: Evaluating the Impact of AI on the Labor Market
World Economic Forum article: Future of Jobs Report 2025: 78 Million New Job Opportunities by 2030 but Urgent Upskilling Needed to Prepare Workforces
Goldman Sachs article: How Will AI Affect the Global Workforce?
Fortune article: Morgan Stanley predicts AI won’t let you retire early: Instead, you’ll have to train for jobs that don’t exist yet
Brookings article: Measuring US workers’ capacity to adapt to AI-driven job displacement
If you have any questions about what we discussed in this episode, reach out and we’ll be happy to set up a time to talk.
Get your copy of The Tax-Smart Retiree: https://www.thetaxsmartretireebook.com/welcome
