Creon Butler

speaker

276 appearances 2 recordings 1 series first heard Jun 2026 last heard 7 Aug

Creon Butler’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.

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Independent Thinking · Is the AI boom about to bust? · 7 Aug 2026 podcast

But there was no doubt that in a sense the world uses the infrastructure and so on that they create in the long term.

I think the answer is no one really knows.

I will accept that answer.

There but you know, there are different scenarios.

So one scenario is that this could be like electricity, for example, when electricity was introduced into the economy over a period of time.

So it has enormous impacts.

A lot of jobs are lost, but a lot of jobs are created over time.

And it while it it can have big distributional effects, it doesn't fundamentally change the way an economy creates.

Another view is that somehow

Now this will be so transformational that in a sense the the economy will be nothing like we've ever seen before.

And then you will need things like universal basic income and so on to make sure that the gains that are made through AI are distributed fairly.

Or have government stakes in the tech companies through other routes and so on.

I have to say I'm more in the electricity mode than the

Complete transformation mode in the sense that I think a lot of jobs will be be lost, but at the same time we're going to be creating a whole lot of new jobs that we can't necessarily know at this stage, but will come about.

And and it's partly because we'd talk about regulation later, but we may actually decide we don't want certain things done by AI just because it's not safe, or because we don't like the way AI does it.

It may also be that, you know, as we

we see already, people prefer things to be done by by humans.

I mean you have artisan coffee and things of that kind.

So I don't think we should underestimate the ability of the economy in a sense to adjust even to something as big as this.

Yes.

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