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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

And there are different theories for why this is true.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

But one of the strongest theories is that in the 20th century, automation mostly affected factories that had strong unions that basically sat down at the union bargaining table and worked with the automators to figure out, okay, we're going to have wage guarantees for the people who keep their jobs.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

We want workers' wages to go up if productivity goes up.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

So like let's tie workers' wages to productivity gains.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And also you had like the expansion of federal level welfare.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

in order to sort of, again, reassure people that the jobs would be better jobs, that they would be taken care of, that they would share in the gains.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

I think most people want to live in a growing economy.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

Most people want to be more productive.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

They just want to know that they are going to get a piece of that.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And if their company ends up making more money because technology increases productivity, they want to get an equal or like some part of that as well.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And I think that's the part that's broken.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

I don't know that today unions are the right people to be doing that bargaining.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

One is like, it's not, we're not affecting unionized industries anymore.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

We're talking about software engineers and marketers and whatever.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

And most of these people are not in unions.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

But that kind of what is the bargaining table is the thing I now think about, like, I

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

think when there's not a legitimate channel to have those kinds of conversations, that's when you see things like political violence or you see these data center moratoriums because you don't have a place where you can actually negotiate.

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

So like with things like Waymo, I'm like, is there a way for the cab drivers and Waymo to come to the table and to

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

figure out some kind of arrangement where Google, which is a very profitable company and is going to make even more money in a world where Ramos are everywhere, can they somehow share some of that with the cab drivers who are affected, fund training programs?

Bankless
AI Populism: Warning Shots Before 2028 | Jasmine Sun

I don't know what it is, but these are the conversations that I'm really interested in.