Bloomberg Radio host Barry Ritholtz speaks with Albert Wenger, who is a managing partner at Union Square Ventures. Before joining USV, Wenger was the president of del.icio.us as well as an angel investor; he also founded or co-founded several companies. He holds a Ph.D. in information technology from MIT. See omnystudio.com/listener for privacy information.

In this discussion, Albert Wenger, managing partner at Union Square Ventures, dives into his journey from failed entrepreneur to respected VC. He critiques Elon Musk’s Twitter acquisition and emphasizes the need for better content moderation. Wenger also tackles pressing issues like income inequality, advocating for universal basic income as a solution. He discusses climate change, the necessity of civil disobedience, and explores innovative strategies for education and investment in a changing world. His insights are timely and thought-provoking.

We are in the midst of another global transformation, but this time we might have the tools to get it right.

Albert Wenger, Partner bei Union Square Ventures und Experte für gesellschaftliche sowie wirtschaftliche Herausforderungen, diskutiert bedeutende Themen. Er erläutert die Notwendigkeit eines neuen Gesellschaftssystems angesichts von KI, Klimawandel und Migration. Außerdem spricht er über das bedingungslose Grundeinkommen und dessen Potenzial zur Bewältigung der Automatisierung. Ein weiterer Punkt ist die entscheidende Rolle von offenen APIs für Innovationen und Wettbewerbsfähigkeit. Wengers Einblicke zu Startups und der zukünftigen Arbeitswelt sind gleichermaßen faszinierend.

Albert Wenger, a partner at Union Square Ventures and author of The World After Capital, dives into the tumultuous relationship between AI and employment. He argues that job loss due to automation is imminent, challenging more optimistic views. The discussion highlights the risks posed to job security, particularly in tech. Wenger also shares insights from his UBI experiment, painting a picture of how such measures could reshape our economy and support those displaced by technology. Tune in for thought-provoking insights on the future of work!