On AI & Earnings

The first wave of AI adoption was about making work more efficient. The coming wave will be about redesigning work itself, says Melissa. AI is likely to transform the labor force by eliminating humans’ grunt work and creating new human-in-the-loop roles. … Also: Joe reports that Q3 earnings season is looking like one for the record books: The S&P 500 companies that have reported to date collectively have record-high EPS and double-digit y/y earnings growth. Plus, they’re collectively beating estimates by more than 10%.