Them do those kinds of things but there are so many other things the robots arent going to do theyre still not creative at all yet theyre still not good at talking about creative taking care of humans talking about creative lot of theater wrists and scientists that i spoke through like yourself are saying that robots wont ever be able to interface humans created jobs because they work requires unpredictable thinking inventing for mindsets one of the i. A. E. A. Be able to eventually produce creative stuff as well Artificial Intelligence can already write poetry its. Sure and so what what i think is important understand is that you know it would be a poor idea to say that theyll never be able to do anything in particular right we dont know what theyll eventually be able to do but what we can see is that theres things that they could do now its easy to extrapolate that they could do these kinds of things faster and better and cheaper but what is irresponsible i think is to make these log
Job better than im doing oh you might not get so lucky but you know a lot of jobs that robots are going to really take i mean thats pretty clear but its also been happening for your whole lifetime already so its not really new its just the robots are Getting Better at doing things that they werent able to do before weve been experiencing up for a century. So the core of the question is is there going to be a time in the near future im saying 10 maybe 20 years were. Everything that we do pretty much will be done better by the robots and we will be jobless. No i dont think were anywhere close to that because theres you know different kinds of things the humans are good for different kinds of things that robots are good for and right now. You know for our lives weve been a good at making robots do you know sort of very clear clearly structured logical progression like you can have a robot do the same thing over and over and over again what they werent good at is doing things where you kno
Its the call of the day. The Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this friday. Our Investment Committee at the table. The ceo and portfolio manager. Ubs private wealth management. And tom lee is here, managing partner and head of research. Lets begin with the markets. Stocks are sharply higher. S p 500. Nasdaq is finally joining the party. Nasdaq 100 new high. What a difference a day makes. Were not questioning the economy today. But maybe we should. The ism disappointed. Lets not rain on the parade. I think the bigger question is where do we go from here youre saying were in a great mood here. We have tom lee. Heres my comment. You know i have been all over trade. I think at this point, the market has fully priced in phase one being signed. I think there is very little upside to that. If it doesnt get signed by november 15th, i think you have a problem. As far as 3,200 i think well reach that, but i think december
General election joining me now is the founder of the big issue crossbenchers lord bird who is proposing the creation of a new body to curb the excesses of capitalism on bird welcome back to going underground so whats governments response to your proposal for a poverty prevention unit well when i spoke to her previous to the election just before a few days before she announced it. She liked the idea of looking at this how you could make all departments passed through the prism of how does this relate to prevention she like the idea of it are made the point to save or making it the most units never really car use so theyre bureaucratic n. G. O. S here i mean that is one of those form filling in an order and we know damn well that every every government minister and their departments are told clearly a lot. You know chasing the greyhounds chasing the rabbit of their department and then you know in the slightest bit interested in working across party and across government so you really go