Callum Williams
speaker
83 appearances
1 recordings
1 series
first heard May 2026
last heard 14 May
Callum Williams’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.
Appearances
Advances in AI could totally reshape the global labour market.
It could theoretically result in
Millions of people being
Put out of work.
No one really knows what's going to happen.
But what we do know from looking at the history
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It would in a very profound and fundamental way be unprecedented.
Nothing even close to this.
has happened in the past.
And this is largely because new technologies never spread through the economy fast enough to put large numbers of people out of work for a long time.
Well, not really.
The Industrial Revolution is known by the general public to the extent that it is known as an extremely disruptive period.
You had the invention in the seventeen sixties and seventeen seventies of steam engines that were good enough to power factories.
the Dickensian notion of the Industrial Revolution is that this ushered in a period of blistering economic growth that appeared to coincide with real stagnation in real wages for the average person.
And when you talk to people in Silicon Valley about what they expect to happen with AI, they often bring up the Industrial Revolution and say, this is gonna happen again.
They point in particular to this period.
From about seventeen ninety to eighteen forty, which is known as Engels Pause.
And there is some research which suggests that during this fifty year period, real wages for the average person in Britain didn't change at all.
But there is a bunch of recent scholarship that really casts doubt on Engels Pause and provides a sort of more optimistic interpretation of the Industrial Revolution.
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