Lyn Alden

into white collar labor.

So things, you know, accounting can be way more efficient and translation can be way more efficient and editing can be way more efficient.

And it kind of goes up the stack from there.

And that's, I mean, in the US it's obviously tens of millions of jobs that are impacted.

I tend to be an optimist in the sense that obviously it's disruptive when it happens,

But I think that people adapt.

And I think that productivity is a good thing.

When they invented the tractor, it's not like it was an apocalypse of farming jobs.

It's just that every farmer got way more efficient at farming.

And then some of them, obviously as generations went by, could go into other fields.

So instead of having 6% of the population work in farming to feed everyone, 1% or 2% of people can work in farming and feed everyone.

And I think we have a similar thing kind of ahead of us for white collar work, which is the whole back end of a business can just be way lighter because you have a smaller number of people overseeing the bots do a lot of it, which frees up them to work on other things and that, you know, they have more abundance.

Obviously, the big risk factors are in the concentration of gains that come, how societies deal with this.

So I do think that we are in a period of heightened

you know, polarization that we're going to be for the foreseeable future.

But I think ultimately productivity gains are a good thing.

I think people tend to like money printing when the printing goes toward them, right?

So for example, during the whole stimulus in the aftermath of lockdowns and stuff, industries are trying to make sure that they're getting bailed out.

And so I think that

It's one of those tragedy of the commons situations where, I mean, everybody suffers from the debasement, but not everyone suffers from it equally.