Michael Jaco and Dr. Kirk Elliott discuss the impact of artificial intelligence (AI) on jobs and the economy. Research papers suggest that up to 20% of the global workforce could have their jobs replaced by computers within the next five years, with even higher numbers for the European Union and America. Despite the potential for AI to revolutionize industries, tech giants like Google, Meta, Amazon, and Microsoft have been laying off thousands of employees, raising concerns about the state of the economy.