Howard Marks on

ai impact

3 quotes · December 2025

Saidverbatim, newest first

  1. Marks links job losses from automation and offshoring to the opiate epidemic by amount and location.

    “When we lost jobs to automation and offshoring, I think that that coincided with the opiate epidemic and not only in amount but also in location.”

    9:46 · Bloomberg Podcasts · 11 Dec 2025 · permalink
  2. Marks worries that replacing income from lost jobs cannot address purposelessness since jobs provide more than paychecks.

    “And I think it's a natural consequence of people sitting around all day. And even if we if we can find a way to replace their income I worry about purposelessness and you know we get so much job so much from our jobs other than a paycheck and you can't replace that stuff.”

    10:02 · Bloomberg Podcasts · 11 Dec 2025 · permalink
  3. Marks worries that replacing income alone won't solve purposelessness problem from job losses to AI.

    “And even if we if we can find a way to replace their income I worry about purposelessness and you know we get so much job so much from our jobs other than a paycheck and you can't replace that stuff.”

    10:08 · Bloomberg Podcasts · 11 Dec 2025 · permalink

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