The video features CoinDesk hosts David LaValle and Kate Irwin interviewing economist Raghuram Rajan at the Ripple Swell conference. Rajan discusses the current state of AI, its adoption by large enterprises, regulatory approaches, and potential labor market impacts. It’s aimed at viewers interested in AI’s economic implications and its intersection with crypto and finance.
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Rajan explains what AI can already accomplish and why it’s impressive.
He examines adoption, competition, and the return on investment for big businesses.
The discussion covers how regulators can collaborate with the private sector on AI rules.
Rajan warns about AI‑driven unemployment and mentions universal basic income as a fallback.
He touches on tokenization, market modernization, and risk reduction in finance.
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