We've had some very intelligent people come out in recent years to talk about AI (artificial intelligence) and warn us of the dangers. Steven Hawkins being among the most notable. But are the fears justifiable? Are robots going to put all of us out of work?

The short answer is no; they are not. But with all the hype around this topic I thought it was time we talked a little about the economics of technology so today I'm going to drop some knowledge on you.

It's a great episode that debunks the fears of artificial intelligence and presents a compelling and bright future that is only possible if we allow technology to expand and improve our lives.

From there we move to the UK where I'll discuss the doctor strike and some of the damaging effects of socialized medicine. No matter what politicians tell you, rationing will take place. There's no way around it.

Finally, I'll share a story about a man who made hundreds of thousands of dollars a year while outsourcing his entire business. It's a perfect example of how technology can be used by anyone to improve their own condition.

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