Chamath Palihapitiya

That's not what's happening.

but I don't think the story is told.

And so the palpable fear of job loss is there.

To your point, I do agree with you, Jason.

That is the overriding narrative that we have to, with data and facts, convince people of what is actually happening.

Here's a very practical idea.

Yesterday, I was at the Senate to just talk about this.

What is the idea?

I think we have to start looking very honestly at stopping the federal underwriting of student loans.

Why?

Because it would allow the market to move very quickly to your reality, Jason, because we would

go beyond just funding somebody to become a master electrician, I suspect that we would pay people.

I bet if you went to Google, they would not only subsidize you, they would probably pay you a salary to get educated to do that job because once you graduated and you could work up the ranks and become a master electrician, there is so much work that, for example, Google needs, Amazon needs, Microsoft needs.

And so if you eliminated the federal underwriting, we don't have it for car insurance,

We don't have it for home mortgages.

We allow the free market to tell us this home is more risky than that home because it's near a fire area.

This person is a poorer driver than that other person.

We should allow the free market to say, go to this kind of a job and you'll get paid so much, but go to this other kind of a degree.

It will cost you a lot of money and let people decide with more clarity.

But that one thing would allow us to reinforce what the economic upside of AI is in a very practical way for a lot of people.