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You've seen the headlines. The IMF says AI is hitting the labor market "like a tsunami." Elon Musk says work will be "optional" within 20 years. Sam Altman says superintelligence could outperform top executives. It's a lot. And if you're within ten years of retirement, it's hard not to lose a little sleep over the implications of it all. Today, Phil tries to bring some sanity and reason to the emotional headlines.

Here’s some of what we discuss in this episode:

🤖 Job Disruption Fears – AI as tool, not replacement

📊 AI Market Bubble? – Dot-com comparisons and caution

💼 Hidden Exposure – AI inside index funds

🔁 History Repeats – Automation changed jobs, not work

🧑‍💻 Human Still Matters – Advisors remain essential

CNBC article:  https://www.cnbc.com/2026/01/20/ai-impacting-labor-market-like-a-tsunami-as-layoff-fears-mount.html 

Yale’s Budget Lab article: https://budgetlab.yale.edu/research/evaluating-impact-ai-labor-market-current-state-affairs 

World Economic Forum article: https://www.weforum.org/press/2025/01/future-of-jobs-report-2025-78-million-new-job-opportunities-by-2030-but-urgent-upskilling-needed-to-prepare-workforces/ 

Goldman Sachs article: https://www.goldmansachs.com/insights/articles/how-will-ai-affect-the-global-workforce 

Fortune article:  https://finance.yahoo.com/news/morgan-stanley-predicts-ai-won-073000488.html 

Brookings article: https://www.brookings.edu/articles/measuring-us-workers-capacity-to-adapt-to-ai-driven-job-displacement/ 

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