Top economist Steve Hanke told us why he doubts AI will be the job destroyer many expect

Steve Hanke says AI costs too much to be a major threat to jobs. Steve Hanke Steve Hanke says AI won't be the game changer many people imagine as it's "incredibly costly." The leading economist said the water, power, and microchips needed to power AI limit its potential. Hanke said that many companies won't replace people with AI because human labor will be cheaper. The idea that artificial intelligence will be free to use and virtually costless to provide is delusional and dumb, Steve Hanke…