073: Can Capitalism Survive an “Economic Singularity?”

Author Calum Chace returns to discuss his new book, "The Economic Singularity: Artificial Intelligence and the Death of Capitalism" We discuss the likelihood of long-term technological unemployment and universal basic income, and whether the distribution challenges of our increasingly abundant economy require rethinking some of the basic elements of our current capitalist system. With something like 5 million people employed as drivers in the US, what will they do when AI can drive vehicles?