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Will AI destroy the economy?
Published 2 months, 3 weeks ago
Description
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Will AI make us all richer and more productive, or steal our jobs and impoverish us? The Industrial Revolution gives us clues about what could be about to happen.
(00:00) Intro
(04:58) Will AI decrease wages?
(06:19) Will AI increase wages?
(13:00) Luddites
(16:17) The Industrial Revolution
(24:50) Who profited?
(26:51) Workers became powerful
(31:12) Why customers matter
(36:03) Henry Ford’s dilemma
(39:55) Who benefits from increased productivity
(43:32) Will AI liberate us?
(45:57) Why I am positive about the future
(51:19) How we can WIN