There will be 'tears' for some with AI, Mohamed El-Erian says

Video Description

While major Wall Street figures like Jamie Dimon have warned about "cockroaches" infesting the US economy due to concerns about the credit market, some aren't as fearful of the invasive bug analogy. Allianz chief economic adviser, Mohamed El-Erian, sits down with Yahoo Finance Executive Editor Brian Sozzi to talk about why he's not seeing any "termites" eating away at "the integrity of the system." El-Erian goes on to discuss a variety of topics, including the type of economic objectives that the next Federal Reserve chair should adhere to, the economic risks "keeping him up at night," and what he is noticing about the impact of AI on the labor market alongside continued speculation over the formation of a market bubble. For full interviews, highlights, and key insights, check out more from Yahoo Finance Invest here: https://finance.yahoo.com/topic/yf-invest/ #youtube #Fed #economy #money #Invest #investing About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance