Economics Explained cover image

The Economics of Automation: What Does Our Machine Future Look Like?

Economics Explained

00:00

The Future of Work

People today work for business. Who is going to keep these wealthy businesses afloat? You poor sweet summer child. This is probably just something your sociology teacher told you while gently patting your head and repeating it's all going to be alright. I'm sorry to break it to you, but the average consumer is really not as important to the economic system as they are led to believe. In this scenario, we are likely to see massive population declines. The less sinister cause of this is that people will just have less children because they won't be able to support them. And the second, much darker cause is that people may very well just starve to death. These kinds of terrible outcomes are possible

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app