273: AI Beyond Tech: How Artificial Intelligence Is Reshaping the Economy

The AI economy is entering a broader phase as artificial intelligence moves beyond technology companies and into healthcare, manufacturing, financial services and other parts of the economy. At the same time, growing demand for computing power is highlighting physical constraints around electricity, semiconductors and critical materials.

In this episode of The Bid, host Oscar Pulido speaks with Jay Jacobs, BlackRock’s US Head of Equity ETFs, about how the AI economy is evolving. They discuss where AI adoption is taking hold, what can distinguish productive implementation from investment without clear results, and why infrastructure is becoming increasingly important to the AI build-out.

The conversation also examines the intersection of AI investing, physical infrastructure, megaforces and capital markets—from data centers and power generation to robotics, autonomous vehicles and digital assets.

Key moments in this episode:

00:00 Introduction to Where AI Is Heading Next

02:07 Defining AI Economy

03:33 From Experiments to Profits

05:07 Potato Chip AI Playbook

06:50 Healthcare Adoption Surge

08:21 Power and Materials Crunch

11:19 Physics Limits and Solutions

12:52 Robots and Autonomous Future

14:01 How Investors Position Now

15:36 Digital Assets Meet AI

17:31 What Comes Next for AI

19:39 Wrap Up and Disclosures

Key insights:

·      How AI adoption is broadening beyond the technology sector.

·      Why having a defined use case can matter when companies deploy AI.

·      Where power, copper and specialized materials may create physical constraints.

·      How healthcare and manufacturing are applying AI to complex processes.

·      Why robotics and autonomous vehicles represent a shift toward physical AI.

·      How digital assets could support machine-to-machine transactions and micropayments.

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