On the latest episode of Merryn Talks Money, Richard Wilson, Chief Executive Officer of Interactive Investor, emphasized the importance of government-led initiatives to upskill workers in response to the growing influence of artificial intelligence on employment. The discussion, hosted by Merryn Somerset Webb, featured insights from Bloomberg senior reporter John Stepek and author Dominic Frisby, and was recorded at Panmure House in Edinburgh—the former residence of economist Adam Smith.
Wilson argued that without proactive intervention, AI could disrupt labor markets and threaten livelihoods, particularly in sectors reliant on routine or repetitive tasks. He advocated for public investment in training programs to help workers transition into roles that complement emerging technologies. The conversation explored how automation might reshape industries and the role policymakers should play in ensuring equitable adaptation.
The panel also reflected on historical parallels, referencing Smith’s economic theories in the context of modern technological transformation. While innovation brings productivity gains, the speakers agreed that structural support is essential to prevent widening inequality and economic dislocation.
The episode highlights growing concerns about the societal implications of rapid technological advancement and underscores the need for coordinated action between governments, educators, and private enterprises to prepare the workforce for an AI-driven future.
— news from Bloomberg.com
— News Original —
How to Prevent AI From Causing an Economic Catastrophe
On Merryn Talks Money, Interactive Investor CEO Richard Wilson warns that state-initiated up-skilling programs are needed to protect livelihoods from AI.
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In this episode of Merryn Talks Money, host Merryn Somerset Webb is joined by Bloomberg senior reporter John Stepek, author Dominic Frisby and Interactive Investor Chief Executive Officer Richard Wilson for a roundtable discussion at the Edinburgh Festival Fringe. The conversation takes place at Panmure House, the last home of economist and philosopher Adam Smith.