Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
Like I don't have to commute.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
I don't have to go on a train.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
I don't have to deal with, you know, all the bullshit of like hanging out and waiting.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
People didn't even have phones when they were on their commutes before, you know?
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
So like, yes, our jobs are way easier than jobs were in the past.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
No doubt about that.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
That being said, and obviously I do knowledge work, so I'm somebody who, my job is particularly easy, but even among people who are doing physical labor, the kind of physical labor people were doing 100 years ago is unrecognizably brutal compared to the physical labor that people do today.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
So, now why do I say all that?
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AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
There's always been this thinking for a long time, even from the time of Adam Smith and John Maynard Keynes, this idea that as people got richer, they were going to work less and there's going to be more time for leisure, more time for play.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
And what we have learned over time is that that's not actually what human beings want to do.
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AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
The richer that they get, the more that they want to work.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
And that's very counterintuitive.
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AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
And I think the answer of why this is the case is that people actually really want to be valuable.
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AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
It's a deep human need to be valuable.
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
And there's this amazing study that showed that if you take elderly people, let's say who are like 63, 64, right?
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AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
Let's say the age of retirement is 65 in this country, okay?
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AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
If you're 63 or 64 and you're unemployed,
Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
your quality of life is very bad.
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AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
People who are unemployed generally feel very bad about themselves.
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AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain
They tend to, you know, sleep poorly.