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Ep. 274 Why the SuperAIs Won't Steal Our Jobs or Slaughter Us, Part 1

Bob Murphy Show

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The Future of Compensation in a Free and Competitive Labor Market

In a free and competitive labor market, that robot or its owner earns whatever 20 billion times the hourly rate is the human. That doesn't mean humans won't be able to find work. And then you say, okay, but you know, what have they got to be able to do with those piddly wages? Like again, they're going to beable to buy 16 mansions on Venus if we're taking the stuff that logical limit.

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