AI-driven automation of cognitive labour is not merely another technological transition but a structural discontinuity that will end, sooner or later, the central role of wages in how society operates. This discontinuity can be called “The End of Postwar Capitalism”. That’s the conclusion of a tightly argued set of essays, “The Discontinuity Thesis”, written by our guest in this episode, Ben Luong.

The essays look at a range of arguments that all try to make the case that wages paid for cognitive labour will remain significant for the majority of people, so that capitalism can continue in place, even with AI having greatly expanded capabilities. According to Ben, each of these arguments fail. These back-and-forth debates are what we explore in this episode.

Selected follow-ups:

• "The Discontinuity Thesis: A Sequence of Seven Essays on Why Postwar Capitalism Ends" by Ben Luong
• "Mark Zuckerberg just declared war on the entire advertising industry" - The Verge
• "P versus NP problem" - Wikipedia
• "KPMG Pulls AI Report After Hallucinated Claims About Major Organisations" - AI Insider 
• "GDPval-AA v2 Leaderboard" - Artificial Analysis
• "OSWorld: 369 real computer tasks across Windows, macOS, and Ubuntu requiring GUI interaction... Much harder than web-only benchmarks"
• "Sorites paradox" - Wikipedia
• "Young people not in education, employment or training (NEET), UK: May 2026" - Office of National Statistics
• "Five Years" - Song by David Bowie
• "How ZEISS and ASML Enable the Modern Chip Industry" - Rob Hoeijmakers
• "Mistral AI’s $830 Million Debt Financing: Inside the European Bet on 13,800 Nvidia GPUs and a Paris AI Data Center" - Marcus Chen
• "Colossus (data center)" - Wikipedia
• "Canaries in the Coal Mine? Six Facts about the Recent Employment Effects of Artificial Intelligence" - Stanford Digital Economy Lab
• "Appendix I: What Would Refute the Thesis" - by Ben Luong
• "The Cope Index: Tracking who's coping hardest about the end of work" - by Ben Luong
• "The AI Alignment Problem" - from "The Singularity Principles"

Music: Spike Protein, by Koi Discovery, available under CC0 1.0 Public Domain Declaration

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