Marc Andreessen
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the sort of presumption of that is that all the middle class people are kind of falling off the ledge and becoming lower class.
But actually the โ
And by the way, there is some of that and, you know, there are communities in which that's very clearly happening.
But having said that, there is at least as much or more of the other phenomenon, which is people in the middle class climbing the ladder into the upper middle class and, you know, rapidly gaining in wealth and income and wealth.
And again, just like quality of life for themselves and for their kids and their grandkids as time passes.
And that is a consequence of actual economic development, technological change, job transformation actually being allowed to happen.
20 years later, you look back and you're just like, oh, thank God.
This is just a much better world for me and my family than it was before.
And so this is why I'm so optimistic.
I think, you know, God willing, we're entering a golden age on this topic, which is AI is going to be a superpower that everybody in the country and everybody in the planet is going to have access to.
Everybody's going to become farmer capable at whatever it is that they want to do.
They're going to become farmer productive in whatever line of work that they're in.
They're going to get compensated.
The economy naturally compensates according to productivity.
So they'll get compensated that way.
But there will be a rapidly rising ladder of both incomes and number of jobs.
And my prediction, again, consistent with history, is the extent to which that's a positive phenomenon is a function to the degree to which it's actually allowed to happen.
Um, and then of course, Europe is going to run the opposite, you know, test, which is they're going to try to prevent all this from happening.
And, and again, I think the data is already in there, um, which is there, you know, they've been, they've been falling very badly behind economically and they're going to continue to fall further and further behind, uh, the U S and it's, it's, it's a tragedy because it's a hundred percent self-inflicted, uh, self-inflicted wound.
Yeah.