Category: News

We often talk about the jobs lost due to artificial intelligence. But what about the ones created or even transformed? From the gig work of training AI on good and bad answers through to designing new AI models, AI jobs are popping up like mushrooms.

Today on the Indicator, we talk to people in these new roles and consider what the bots mean for the labor market.

Related Episodes:
Is AI a job-killer or an up-skiller? (Apple Podcasts/Spotify)

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"Don't reinvent the wheel" is a common phrase, but structural engineer Roma Agrawal doesn't buy it.

Roma has a new book out, Nuts and Bolts: Seven Small Inventions That Changed the World (in a Big Way). And in it, she argues that the re-interpretation of the wheel has been critical to modernizing the economy from a pottery wheel in ancient Mesopotamia to the gyroscope on the International Space Station.

Today, how this constant reinvention fuels economic progress.

Related Episodes:
What nails can tell us about the economy

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In 2021, the most popular term on Investopedia was "capital gains tax." In 2022, it was "poison pill." These top terms help capture the economic zeitgeist of their year. So... what was it in 2023?

Today, Investopedia's editor-in-chief — and a poet — help us make sense of what the website's top ten terms of the year tell us about our collective economic psyche.

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Eight times a year, regional Federal Reserve Banks release a collection of anecdotes that reveal stories about the economy. These stories come together in what's known as the "Beige Book," and we award the regional bank with the best entry with our coveted Beigie Award. Today, we're highlighting an entry that gets to the heart of the contradictions we're seeing when it comes to consumer preferences and sentiment.

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Drugs used for weight loss like Wegovy, Ozempic and Mounjaro are nearly everywhere in popular culture, but many patients struggling with obesity are still finding them hard to get. On today's show, what's slowing access to these drugs despite their long-term benefits for the economy and patients, and how social conditioning around obesity and excess weight clouds the conversation.

Related Episodes:
New drugs. Cheaper drugs. Why not both? (Apple / Spotify)

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On the latest edition of Indicators of the week, inflation in the U.S. and Europe is slowing down. Plus, a new report from the Federal Reserve Bank of Boston highlights the number of gig workers typical employment counts miss. And finally ... Red Lobster, endless shrimp and loss leaders.

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The Supreme Court is set to hear arguments next week on whether the federal government can tax some "unrealized" gains. That's when an asset you hold, rather than sell, gains value. Tax experts say it's the biggest constitutional tax case seen in a century.

Today, we lay out the stakes and the massive implications for government revenue, taxpayers, and even wealth inequality.

Related Episodes:
Could a wealth tax work

How the proposed tax on billionaires would actually work

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