Jacob Helberg
speaker
283 appearances
1 recordings
1 series
first heard Aug 2025
last heard Aug 2025
Jacob Helberg’s voice in public audio — every appearance, attributed to the second.
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So it's it's an interesting compare, you know, comparison because Britain was obviously a tiny country by population from a population standpoint and a much more advanced uh country than China.
But because of technology, Britain had an industrial output per capita that was
Over 50 times the industrial output per capita of China.
And Britain's GDP far surpassed China.
China's GDP in the 1800s totally collapsed.
It went from being about a third of the world economy in 1800 down to about 7.5% in 1913.
And so it just shows the power of technology.
Technology today you can see differences between Israel and Nigeria.
Nigeria is a huge country but from a population standpoint.
And Israel, a tiny country that's smaller than New Jersey, has a bigger GDP and a stronger military, and it's all because of technology.
And so the people who say that we can't reindustrialize because China has a bigger population or you know, our people are more expensive, I think are totally missing the plot.
I think I'm a believer that AI will uh far from replacing humans altogether, will actually give humans superpowers, um, workers' superpowers, and will massively increase productivity.
And I've become somewhat fascinated with this macroeconomic theory called Jevons Paradox, which is that um the the basic uh economic
principle that when you have a technology that massively increases efficiency, demand for in a resource, demand for that resource actually increases.
It doesn't decrease uh because the relative cost of that resource goes down.
So that's my basic take, uh my optimistic take for manufacturing in America.
Yeah, so um I guess I mean the the way that I would frame it differently is if you believe that agenda KI is gonna make each individual worker um uh be able to do a lot more stuff, if you're a company, uh or if you're a country, you ba you base you're basically looking at two outcomes.
Um if you're a country with a GDP of ten trillion and all of a sudden
Um, you only need, you know, uh a tenth of the workers to perform um the the task that uh a hundred workers um previously were able to perform.
You either need a lot less workers or you the totality of your workers will produce 10 times more.
Showing 101–120 of 283 · page 6 of 15
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