David Friedberg
speaker
8,052 appearances
60 recordings
4 series
first heard Apr 2024
last heard 21 Aug
David Friedberg’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 — 32 in all, peaking in Jan 2026 with 6.
Appearances
If it's less than 10%, you're probably unhappy.
That's just like an anecdote.
Like, I think, I think that's sort of like my rubric for thinking about like, why are people unhappy or happy?
So if your earnings are the same, but things are getting more expensive, you're not happy.
if your earnings go up by 10%, and things stay the same price, you got 10% more than you had last year, you're you're gonna be happy.
I just think like all humans are driven by this need to consume more each year than they did last year.
So I think for me, that's like the lower limit on consumptive capacity in the world.
The question that we're now facing, which we've never faced in human history before, is there an upper limit on consumptive capacity?
Because AI creates such a profound shift in productivity and in leverage that normally you would say, hey, when we get a new tool or we get new leverage in a system, we build a new technology, we can make more with less.
Therefore, everyone gets access to more things for the same price or the cost of things that they consume come down by a certain price.
But there may be a situation now where the ability to make stuff exceeds the capacity to consume stuff.
And that is something that I don't think we've faced before.
And I think that's sort of where a lot of the models start to break just general economic models, just general productivity models, and general social models.
And this goes to the point about like, what is everyone going to do?
In the same way that I think we've argued that maybe SAS was a transitory business phenomenon that existed between the foundation of the internet
and the era of AI, it may be the case that knowledge work in general, is also a transitory phenomenon that only existed between the foundation of the computer, or computing tools, and the existence of AI, generally speaking.
And if all of that goes away very quickly, and all of those people can be redistributed and recast into doing other higher level, more creative things, their productivity goes up by 100x.
Is there really a consumer on the other end of all of that productivity?
Is there really enough consumptive capacity?
And I think that's the profound question that we all face.
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