One AI Model After Another — How Long Is Your Job Safe With Venture Capitalist Nick Giometti
Wed Feb 04 2026
Is It Bad For The Economy Super Fans,
I present to you a Fed-free, tariff-free, and most importantly, Trump-free episode of Is It Bad For The Economy, out now on Apple Podcasts, Spotify, YouTube, and Substack.
We crammed all that into our emergency episode over the weekend about the highs and lows of Fed Chair nominee Kevin Warsh’s Friday. It’s the first-ever on-camera appearance of Banker Bill!
In this episode, Banker Bill and I were joined by an AI true believer, Venture Capitalist, and my old friend Nick Giometti. He went deep on the current state of AI and why we need to start worrying about the economic implications now. With AI’s impact on employment possibly already showing up in the data, Nick is eager to start a policy conversation where regulation and taxes are on the table as long as innovation isn’t compromised. He’s the one man in America actually trying to think through the consequences of his actions, and those of his entire industry, ahead of time.
It’s bold, it’s urgent, and it’s sincere. So, so sincere. That’s why Banker Bill and I did our absolute best to get out of his way.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kobitirey.substack.com
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Is It Bad For The Economy Super Fans, I present to you a Fed-free, tariff-free, and most importantly, Trump-free episode of Is It Bad For The Economy, out now on Apple Podcasts, Spotify, YouTube, and Substack. We crammed all that into our emergency episode over the weekend about the highs and lows of Fed Chair nominee Kevin Warsh’s Friday. It’s the first-ever on-camera appearance of Banker Bill! In this episode, Banker Bill and I were joined by an AI true believer, Venture Capitalist, and my old friend Nick Giometti. He went deep on the current state of AI and why we need to start worrying about the economic implications now. With AI’s impact on employment possibly already showing up in the data, Nick is eager to start a policy conversation where regulation and taxes are on the table as long as innovation isn’t compromised. He’s the one man in America actually trying to think through the consequences of his actions, and those of his entire industry, ahead of time. It’s bold, it’s urgent, and it’s sincere. So, so sincere. That’s why Banker Bill and I did our absolute best to get out of his way. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kobitirey.substack.com