Josh Brown

Because the thing that...

business owners understand is that, and I don't mean business owners, like I run a hedge fund.

I sit in front of a Bloomberg all day.

I mean like people that actually run businesses where there is like face-to-face interaction.

The thing that we all implicitly know is that, uh,

every business effectively is a solution to a problem.

Even like the most abstract example, because the examples that are right at my fingertips, a hospital is a business and it's solving the problem of people being sick and wanting to get better.

Okay, that's easy.

What is the Four Seasons?

It's a solution to a problem.

People want to be entertained slash they want to travel to places, but they have the means and the standards that are high enough where a regular hotel won't do.

So like if you think of businesses as just solutions to problems, which is really all they are.

then what this piece is saying is that we're going to run out of problems.

Right.

Come on.

In 100,000 years of the evolution of human society, do we ever actually run out of problems to solve?

So this idea that we're in a post-labor economy and people aren't going to have to work anymore because there's going to be nothing for them to do, are we losing our collective minds?

There will always be problems to solve in every wave of technology.

solves old problems, introduces new ones.

And this idea that we'll be able to just turn everything over to agents who will solve problems on our behalf.