6min chapter

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AI Will Save The World with Marc Andreessen and Martin Casado

a16z Podcast

CHAPTER

The Replicator Idea: How the Economy Operates

This is like the replicator, apply the replicator idea to kind of everything. Everybody thinks they're worried about it, run away. It's like basically the prices crash. At that point, you don't need much money to have a material lifestyle that is wildly better than what even the richest person in the planet has right now. Everything I just said is consistent with what's in every standard economics textbook. As compared to these paranoid conspiracy theories that somehow the machines will take all the work humans will have nothing to do and that will somehow be worse off as a result."

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