Hence The Future

Ep. 30 - The Future of Automation

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How to Succeed in an Autonomous World 🤖🌎

In this episode, Justin and Mattimore discuss the risks and opportunities posed by automation, as well as how automation will impact jobs, income, and society at large...

Topics Discussed:

  • What is the current state of automation?
    • How will automation impact the #1 most common job as measured by number of employees, and the #1 most common job by state?
    • How will fully autonomous stores like Amazon Go impact retail jobs?
    • How will fully autonomous vehicles impact transportation jobs?
    • How many jobs are expected to be lost by the year 2030 due to automation? How many jobs will be lost due to globalization?
    • Why do many economists say that "The American Dream is Dead?"
    • How has the nature of work changed over the last few decades?
    • How does Netflix produce $9B in revenue with 4,500 employees, whereas Blockbuster needed 84K employees to earn $6B in revenue? 
    • How does this fit into the larger trend of "software eating the world?"
    • What are the major risks (to employees) posed by automation?
      • Why does James Altucher say: “You can’t count on the corporate Gods of America to choose you anymore. You must choose yourself.”
      • How might modern workers successfully "reinvent themselves many times over" throughout their careers?
      • How might we optimize elementary and higher-level education to account for the seismic shifts that stems from automation?
      • What opportunities (for entrepreneurs) are created by automation?
        • How much work is done by humans versus computers today, and how is that ratio likely to change in the future?
        • What are some examples of one-person, million dollar businesses that show the incredible potential of automation for entrepreneurs?

          • Future Scenarios:

          • What’s the worst case scenario for the future of automation?
          • What’s the best case scenario for the future of automation?
          • What’s the most likely scenario for the future of automation?

            • Thx for listening!

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            Hence The FutureBy Mattimore Cronin
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