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Jasmine Sun

๐Ÿ‘ค Speaker
982 total appearances

Appearances Over Time

Podcast Appearances

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

So I do think we will see some labor impacts, even though I don't think it's going to be all of the jobs because physical world jobs, relational jobs, jobs that are protected by regulation like doctors, that stuff I think is going to take a long, long time to automate.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

So...

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

I see these near-term disruptions.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

I also think that retraining is usually overestimated by economists.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

So folks who believe in stuff like lump of labor, economists, they tend to say that people are just going to go move to other jobs.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

So before, during deindustrialization in the U.S., when a lot of factory jobs were automated, these economists predicted that the laid off factory workers would just move to different geographies to work in different factories or that they would learn like digital skills, like learn to code.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And I think we all kind of laugh at that now because we see over the past 10, 20 years that these steel workers did not learn to code.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

They also did not move.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

They often got addicted to opioids and had a really, really bad time.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And like we are still living out the political and the social consequences of deindustrialization, even though it wasn't that many workers.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And actually it created more jobs total, but the new jobs that were created by factory automation were all like software jobs in San Francisco and not like jobs in Buffalo, New York, right?

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And so just because you have new jobs elsewhere in the economy does not mean that the people who are laid off are gonna be able to retrain even with income support, even with access to school,

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

into those new jobs, because these people might be like 50 years old, like they just, they don't have the brain elasticity anymore, they don't have the motivation anymore to go and learn something brand new.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And so I think that even if it's not, even if it's, let's say 5% of jobs are going to be automated by AI, and it's not all of the jobs immediately, I think a lot of these folks are going to really struggle to retrain.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

I don't think that they're all going to easily switch into a new job.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

I think they're going to build a lot of

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

political resentment.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And so this is where it sort of connects to my interest in AI populism.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

This time, maybe instead of right-wing resentment, the kind that drove Trump, it might be more like left-wing resentment where it's blaming the AI billionaires.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

I think we already see that.