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Derek Thompson

👤 Speaker
9152 total appearances

Appearances Over Time

Podcast Appearances

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

I don't want a data center moratorium in this country, but stories like that feel awfully close to allowing the values of AI to supplant the values of people, which is having a home to live.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

Yeah, let me talk first about AI and then let me get to GLP-1 because I think they're quite different.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

I think the populist energy, the anti-tech energy that faces artificial intelligence is very different than the dispersed anxiety that people feel about some of the implications of GLP-1s, despite this in many ways being like one of the most popular drug categories in like the last few decades.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

So I think in that respect, they definitely deserve a little bit of distinction.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

But I like the prompt.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

Okay.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

Yeah.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

So I really like the two, three sentences that we had about artificial intelligence in the sci-fi vignette that kicked off our book.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

Because while we don't have a fully fleshed out AI policy in that book, we say two things that I think are worth holding on to.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

The first is that the profits of artificial intelligence, because it is a technology that is built on human achievement and human intelligence, are taxed and redistributed to the public.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

And number two, that the work week has shrunk.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

And implicit in the idea that artificial intelligence allows the work week to shrink is the idea that to the extent that it reduces labor, that reduction of labor is not born on the backs of a dramatic increase in unemployment, but is rather distributed among a stable set of fully employed labor force that is working a bit less and earning more because of higher productivity.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

So if I were crafting a sort of abundance AI message, what I would say is this is rapidly looking like it's going to become a trillion, multi-trillion dollar industry.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

We have to restore

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

the ability to tax corporations that could be among the most profitable in the history of capitalism.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

That's part one.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

We want to tax these companies and redistribute their income to the people.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

But also, I think we need to think about what kind of labor market policies we can begin to build to ensure that there isn't a displacement of workers so that if this technology makes people more productive, it results in something that looks much more like a four-day workweek than

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

than the equivalent 20% of the economy just being shunted onto unemployment.

The Ezra Klein Show
What We Got Right — and Wrong — in ‘Abundance’

On GLP-1s, I definitely get the impression that there is a left-wing – is it left-wing?