If Tucker had been alive in the 1920s he would have opposed cars because they would put carriage drivers and the horse industry out of work.
This is the formula for stagnation and poverty. Innovation makes us all richer in the long term.
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Since this is getting more attention ⬇️
Labor displacement has long-term negative consequences for the person and their family. The question is, how do we help folks being displaced (not only by technology but also layoffs) without stopping technological progress.
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This was a fascinating conversation actually
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Oh it is, I just disagree with his diagnosis and even more with the solutions to such problems he diagnoses
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Anything in the Ai field requires at least a Bachelors whereas drivers & mechanics do not. Protecting a common job amongst high school educated men is good. A lot of white men in middle/rural America report low levels of optimism. It would be best to not make it worse for them.
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Yet that's exactly what ocurred with cars. Folks needed more education to make them. The solution is to help people get new skills, we have a very underperforming high school education in the U.S. that should be fixed. The solution isn't to stop progress.
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Yes, it's very illuminating on his views
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Replace all vending machines with people sitting at tables selling treats, think of all the jobs you could create.
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Works for China.