Samo Burja
π€ SpeakerAppearances Over Time
Podcast Appearances
I think the argument pretty much makes itself that it is, right?
If we post-date the New Deal changes as the great automation of agriculture and a mass migration to the cities, note that people talk about the Dust Bowl, people talk about the Great Depression, but part of the reason there was massive population pressure of small farms that were no longer economical, that was partially the automation of labor.
The mom-and-pop farm could not really compete.
And today, the landowner class in the United States, you know, we say farmers, but really, you know, we have landowners and farm workers, right?
The sort of family owned farm is such a minuscule part of, you know, the economy.
And it's such a minuscule part of the voter base that anytime you look at legislation related to food quality, you should just be thinking about giant agribusinesses, right?
So I would also say that another transformation of the economy was globalization itself, where you can think of China as a big robot and basically China starting in the 1970s and 80s.
I grant that first it was Japan before China and China more took off in the 90s and 2000s.
But let's say East Asia, the East Asian industrial complex just out-competed the American worker
And whatever you think of unions today, right, these sort of blue-collar, industrial, Democratic Party-aligned unions, I think they're weaker than ever.
Only the government worker unions are more powerful.
So when Joe Biden was like running on this vision of almost a revival of the American worker class and the unionized worker of the well-paying job, it just seemed like a massive anachronism.
So I would say that, yes, the composition of the labor force and who is best compensated and who is most politically useful, I think that does regularly change the politics of countries, even if the constitution on paper remains the same, right?
After all, laws can stay on the books for 200 years, but they'll be interpreted differently given the needs of the moment.
I think that the industrial economies of China and East Asia and so on, I think that they will, in fact, be experiencing in the very near future, right?
So the statement you read was about, let's say, the next 10 years, right?
In the next 10 years, if you are, say, doing finance in London and your company does not have access to frontier models, you're probably going to be in trouble.
If you have a law firm in Geneva and your company doesn't have access to frontier models, you know, let's say mythos for law, you're in trouble.
Now, if you're doing either of those in San Francisco or maybe New York, you're a little bit better off.
But there's a way in which the global white collar class will see disruption at the very least from companies making use of the most advanced AI they can at scale, combined with the highest prestige brand that you can.