Gary Sutton
π€ SpeakerAppearances Over Time
Podcast Appearances
So he was, in my view, he was oftentimes accurate at diagnosing situations and problems.
Thankfully, he was not very good at predicting.
So what I think we really have is, and we're seeing this now, right?
There have been concerns around automation as long as there's been automation, right?
So it's different now.
I mean, back in the day, as I was sort of insinuating, it was more around machinery than more recently around computers.
And now it's around AI, right?
So there have always been concerns around some form of automation, regardless of what form that has taken historically.
Mark said that that would result in a permanent problem that would lead to the collapse of capitalism.
But there was another political economist who I think should be really getting more play in the media, but I don't think he is.
And that's a guy by the name of Joseph Schumpeter.
I might not be pronouncing his name correctly, so I apologize to his descendants if I am.
But he made the case that...
Economies go through these periodic resets.
So what we're seeing right now is maybe one of those resets.
So when you have something like AI come along,
we're very good at identifying the jobs that are going to be impacted, right?
So the CEO of Anthropic, he's gone viral because he's talked about all the jobs that he's going to displace, right?
And not just him, but you know what I mean.
But eventually, if history is any guide, we eventually find new jobs, we find new roles for people.