It's a big number, but it's something we're very cognizant of. We haven't seen it in the numbers yet. I think that it could be very different than what we saw with the China shock. The China shock was a blue collar phenomenon. My guess is the AI shock might be a white collar phenomenon. You know, we'll see. Secretary, as we wrap up here, a moment ago you said, look, you've been dealing with markets for a long time, your entire career. (32:23–32:31)
CLAIM
Asserts that the China shock affected blue-collar jobs, while the AI shock might affect white-collar jobs.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
