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Pivot

Electric Vehicles, Tech Giant Land Grab and Co-Host Joanna Stern

Aug 29, 2023
01:04:21
Snipd AI
Joanna Stern, Wall Street Journal columnist, co-hosts with Kara as they delve into topics such as Trump's mugshot merch, the best EVs on the market, Silicon Valley buying land in northern California, and the state of social upheaval in the U.S.
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Podcast summary created with Snipd AI

Quick takeaways

  • Elite overproduction and declining living standards are driving societal crises and the creation of counter-elites that channel popular discontent.
  • AI technology, particularly in professions like law, poses a threat to societal stability by exacerbating the issue of overproducing lawyers.

Deep dives

The Impact of Elite Overproduction and Popular Immigration on Societal Crisis

One of the main factors driving societal crisis is the combination of declining living standards for the majority population and elite overproduction. Elite overproduction occurs when there are too many aspiring elites competing for a limited number of power positions. This can lead to the creation of counter-elites who organize and channel popular discontent. In the United States, there has been an overproduction of lawyers, which poses a potential danger as they are often associated with counter-elites. Additionally, the prediction made in 2010 about social upheaval in the 2020s has been unfolding as anticipated, with ongoing trends exacerbating the crisis. However, addressing the deep causes of the crisis requires political leaders to act in the interests of society and address issues such as declining living standards through measures like increasing the minimum wage.

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