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Help build our political power by supporting us on Patreon – https://patreon.com/garyseconomics
Will AI make us all richer and more productive, or steal our jobs and impoverish us? The Industrial Revolution gives us clues about what could be about to happen.
(00:00) Intro
(04:58) Will AI decrease wages?
(06:19) Will AI increase wages?
(13:00) Luddites
(16:17) The Industrial Revolution
(24:50) Who profited?
(26:51) Workers became powerful
(31:12) Why customers matter
(36:03) Henry Ford’s dilemma
(39:55) Who benefits from increased productivity
(43:32) Will AI liberate us?
(45:57) Why I am positive about the future
(51:19) How we can WIN
By Gary Stevenson4.9
9595 ratings
Help build our political power by supporting us on Patreon – https://patreon.com/garyseconomics
Will AI make us all richer and more productive, or steal our jobs and impoverish us? The Industrial Revolution gives us clues about what could be about to happen.
(00:00) Intro
(04:58) Will AI decrease wages?
(06:19) Will AI increase wages?
(13:00) Luddites
(16:17) The Industrial Revolution
(24:50) Who profited?
(26:51) Workers became powerful
(31:12) Why customers matter
(36:03) Henry Ford’s dilemma
(39:55) Who benefits from increased productivity
(43:32) Will AI liberate us?
(45:57) Why I am positive about the future
(51:19) How we can WIN

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