AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Power Trip, Part Two: AI and the Workforce
Intelligence Squared
The Consumer Impact of Automation and the Jevins Paradox
3min Snip
00:00
Summary
Transcript
Episode notes
Automation has a tendency to make certain tasks more important while also making services cheaper. This has been seen throughout history, such as with the growth of weavers during the industrial revolution. The same principle could apply to professions like accounting and medicine, where technology can enhance productivity. The key is to remember that when the cost of something decreases, its demand typically increases. So, rather than AI leading to job loss, it could potentially create more jobs and increase labor demand. Only time will tell.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode