Alex Imas

So the developments are happening very fast.

So as far as like email jobs, I think there is a scenario where pretty much everything is automated.

And then you have to ask, are people going to be moving to the physical jobs?

Or will there be new jobs that we haven't thought about before?

So, you know, if you look back in the 1940s, like, I think more than half of the jobs that we have now didn't exist in 1940.

And so what did the new jobs look like?

I mean, I have a theory.

Please.

It's very similar to the one that you didn't like.

But I'd like to broaden it a little bit.

So there's an economic subfield.

It's very, very small, but on the economics of structural change.

So if you look at agriculture and manufacturing, right?

If you look at them as share of GDP and share of employment, going back to like the 1800s, they were a huge part of the labor force and GDP of the economy.

And if you look, basically they become smaller and smaller, smaller parts of the economy.

Why is that happening?

It's because they're getting automated.

What does automation do?

It makes the price of those sectors very cheap, but people are satiated on the goods.

You can only eat so much, right?