American Monetary Association AMA 241 - Jobocalypse: How Robots Will Replace Us with Ben Way
Jason Hartman talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back?.
Key Takeaways:
[1:17] How Digits converts your existing credit cards into crypto cards and gives you up to a 1 year hedge on your currency
[4:33] How the 1 year hedge is made possible
[8:47] Every innovation leads people to fear that everyone was going to lose their job and be displaced, but it's never really happened. Is this time different?
[12:19] What people forget about automation
[16:22] How do the logistics and hard drives of robots work?
[19:33] The plethora of information is making kids more risk averse
[23:15] The two things we get wrong when it comes to education
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