Corey Goldman
Jan 20, 2026
The 'I' in 'AI' isn't smart, like most people think. Avi Goldfarb explains why AI is a tool, not a 'person.'
Artificial intelligence isn’t thinking. It isn’t conscious. And it isn’t coming for everyone’s job.
In this episode of TapHere, Corey Goldman sits down with Professor Avi Goldfarb (University of Toronto, Rotman School of Management, co-author of Prediction Machines and Power and Prediction) to dismantle the biggest myths about AI — and explain what’s really happening beneath the hype.
Goldfarb reframes AI as a prediction machine: a tool that fills in missing information cheaply and at scale. That one shift, he argues, explains everything — from productivity gains and wage changes to why some jobs disappear while others become more valuable.
We cover:
• Why AI is more like electricity than the internet
• Why productivity revolutions take decades, not months
• Which jobs are substitutes for AI — and which are complements
• Why “judgment” becomes the most valuable human skill
• Who actually captures the economic upside of AI
• Why headlines about mass job loss miss the point
If you want to understand AI through economics, not fear, this conversation is your unfair advantage.