Cryptocurrency Skepticism and Labor Market Shifts

This chapter examines skepticism around cryptocurrencies and their potential to disrupt labor markets and supply chains, with a focus on the rise of AI. It discusses the historical context of technology-driven job displacement, the evolving nature of status in a post-scarcity world, and the challenges of adapting education for future workforce needs. Additionally, the chapter emphasizes the importance of diverse perspectives in policymaking and the disconnect between economic theory and public perception of inflation.