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Fortune

Geoff Colvin

A recession could test whether AI is truly fueling an economy with 'jobless growth'

Recession Economy Fortune Brian Moynihan Diane Brady Geoff Colvin Goldman Sachs CEO Daily

Recruiters speak to a job seeker at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025 (Credit: Allison Joyce/Bloomberg via Getty Images)

In today’s CEO Daily: Geoff Colvin on “jobless growth” in the AI era.
The big story: Tesla revenue soars, profits drop.
The markets: Up in Europe, mixed in Asia.
Plus: All the news and watercooler chat from Fortune.

Good morning. Geoff Colvin in for Diane today. Is AI enabling the economy to grow without any need for new jobs? If that happens, what kind of world will we face? It’s a question that’s top of mind for leaders given recent events.

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