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

This episode of The Bid discusses how artificial intelligence is expanding beyond technology companies into healthcare, manufacturing, financial services and other parts of the economy. Host Oscar Pulido speaks with Jay Jacobs, BlackRock’s US Head of Equity ETFs, about where AI adoption is taking hold, how to distinguish productive implementation from investment without clear results, and why infrastructure is becoming more important to the AI build-out. The conversation also covers the intersection of AI investing with physical infrastructure, megaforces and capital markets, including data centers, power generation, robotics, autonomous vehicles and digital assets.

1. AI adoption is described as broadening beyond the technology sector into healthcare, manufacturing, financial services and other areas.
2. The episode discusses how a defined use case can matter when companies deploy AI.
3. Growing demand for computing power is said to highlight physical constraints around electricity, semiconductors and critical materials.
4. The conversation covers robotics, autonomous vehicles and digital assets as parts of the shift toward physical AI and machine-to-machine transactions.