{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Zachary Mazlish on the Political Implications of Inflation and the Impact of Transformative AI","description":"Zachary Mazlish is an economist at the University of Oxford, and he joins David on Macro Musings to explain some recent and important macroeconomic developments, specifically the inflation linkages to the 2024 presidential election and the macroeconomic implications of transformative AI. David and Zach also discuss transformative AI\u2019s impact on asset pricing, optimal monetary policy in world of high growth, the causes of the slowdown in trend productivity, and more. &amp;nbsp; Transcript for this week\u2019s  &amp;nbsp;episode. &amp;nbsp; Zach\u2019s Twitter: @ZMazlish Zach\u2019s Substack Zach\u2019s website &amp;nbsp; David Beckworth\u2019s Twitter:&amp;nbsp;@DavidBeckworth Follow us on Twitter:&amp;nbsp;@Macro_Musings &amp;nbsp; Check out our new AI chatbot: the&amp;nbsp;Macro Musebot! Join the new Macro Musings&amp;nbsp;Discord server! &amp;nbsp; Join the Macro Musings&amp;nbsp;mailing list! Check out our Macro Musings&amp;nbsp;merch! &amp;nbsp; Related Links: &amp;nbsp;  *Yes, Inflation Made the Median Voter Poorer* by Zachary Mazlish &amp;nbsp; *Transformative AI, Existential Risk, and Real Interest Rates* by Trevor Chow, Basil Halperin, and Zachary Mazlish &amp;nbsp;  *Decomposing the Great Stagnation: Baumol\u2019s Cost Disease vs. \u201cIdeas Are Getting Hard to Find\u201d* by Basil Halperin and Zachary Mazlish &amp;nbsp; *The Unexpected Compression: Competition at Work in the Low Wage Labor Market* by David Autor, Arin Dube, and Annie McGrew &amp;nbsp; Timestamps: &amp;nbsp; (00:00:00) \u2013 Intro &amp;nbsp; (00:04:03) \u2013 Inflation Made the Median Voter Poorer: Comparing Periods of Wage Growth &amp;nbsp; (00:15:26) \u2013 Inflation Made the Median Voter Poorer: The Median Change in the Wage &amp;nbsp; (00:22:19) \u2013 Assessing the Feedback to Zachary\u2019s Article &amp;nbsp; (00:25:05) \u2013 The Significance of Transformative AI and its Double-Edged Sword &amp;nbsp; (00:27:02) \u2013 The Impact of Transformative AI on Asset Pricing and its Policy Challenges &amp;nbsp; (00:38:07) \u2013 The Broader Macroeconomic Effects of Rapid Growth &amp;nbsp; (00:41:05) \u2013 Optimal Monetary Policy in a World of High Growth &amp;nbsp; (00:43:19) \u2013 Exploring the Causes of the Productivity Slowdown &amp;nbsp;  (00:49:21) \u2013 Outro ","author_name":"Macro Musings with David Beckworth","author_url":"http:\/\/macromarketmusings.blogspot.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/34179970\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/181671150"}