Rand Paul
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I notice you don't really sweat too much in this current gig you've got.
There has to be work and I hope people won't preach too much that AI is going to be no work because that to me is a despairing future.
It's a dystopian future when there is no work.
Most of the time, and this is why I do respect Elon Musk and think he may know more than I know about this.
The reason I would say is that from a historical perspective, every bit of automation has led to more jobs.
This would be the first time in the entire history where automation took jobs.
They feared that when the automated loom came, that all the weavers would go out of business.
What they found instead is people had to make the sewing machines.
People had to fix the sewing machines.
And then clothing prices went down, and people used to have one wardrobe, maybe two shirts.
Even regular people can have dozens of shirts.
You can get a shirt for $5 at Target or $8 at Walmart.
So it changed things when electricity came around.
The candlestick makers rioted.
The Luddites in the 19th century broke the wombs with hammers and protested against, but we always got more jobs.
So I guess from a historical point of perspective, I don't know that there's a good example of automation.
It could lower employment in a certain industry, but overall employment, look, we have like 7 billion people on the planet, and we have less poverty on the planet than we've ever had right now.
And that's the question there.