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#53 Howard Marks: Luck, Risk and Avoiding Losers
The Knowledge Project with Shane Parrish
Machine Learning and the Industrial Revolution
In the information age, by definition, we fewer people to produce g p than in the days of physical labor. So it's a big problem. i was talking about the fact that china law took three million jobs from us. We don't think ourselves as being great manufacturoers, but i think t the that we sell, i measured in dollar terms, we sell twice as much to day as we did forty years ago.
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