Steven

And all of a sudden, it was like, we don't need that many farmers doing this. What people used to do with shovels and rakes can now be done with a tractor. And a lot of those people found themselves out of work. And for them, it was very disruptive, but they also, the farmer, the farm laborer found himself pretty easy to go into the factory.

because they were working on, they were good at working with their hands and whatnot. And so to go from that into the factory was not an easy transition, but it was a transition they could make. Now, do you have that? That same transition did not take place from manufacturing to technology. The auto worker in Detroit could not just learn to code and work at Google like that.

because they were working on, they were good at working with their hands and whatnot. And so to go from that into the factory was not an easy transition, but it was a transition they could make. Now, do you have that? That same transition did not take place from manufacturing to technology. The auto worker in Detroit could not just learn to code and work at Google like that.

And so it was much less seamless. And I think what we're dealing with now will be even more of a disruption that the people who are being disrupted out of AI are going to have a much more difficult time historically. to move in to where the economy is going next.

And so it was much less seamless. And I think what we're dealing with now will be even more of a disruption that the people who are being disrupted out of AI are going to have a much more difficult time historically. to move in to where the economy is going next.

So the idea that an industry is disrupted and you need to go figure out something else to do, I think it's gotten progressively harder over the last 150 years.

So the idea that an industry is disrupted and you need to go figure out something else to do, I think it's gotten progressively harder over the last 150 years.

The biggest profession, truck drivers, drivers in general.

The biggest profession, truck drivers, drivers in general.

No, it's crazy. And back to the analogy, like when the farmer had to go work in the factory, it was a transition. He may have had to move, but he did it. And that's why we went from 80% of the population were farmers to 2%, which is what it is today. But they were able to move in. The manufacturer to technology struggled.

No, it's crazy. And back to the analogy, like when the farmer had to go work in the factory, it was a transition. He may have had to move, but he did it. And that's why we went from 80% of the population were farmers to 2%, which is what it is today. But they were able to move in. The manufacturer to technology struggled.

And I think it's going to be now like the truck driver, to tell the truck driver, well, just go get a job at OpenAI kind of thing. It's funny to even think about because it's preposterous.

And I think it's going to be now like the truck driver, to tell the truck driver, well, just go get a job at OpenAI kind of thing. It's funny to even think about because it's preposterous.

They're probably going to four employees.

They're probably going to four employees.

Synthetic data. Yeah. Right. Kind of going from there. Now, I think if there's an optimistic side, it was the case that when farming was being disrupted, there were a lot of people who just said, these people are never going to find jobs.

Synthetic data. Yeah. Right. Kind of going from there. Now, I think if there's an optimistic side, it was the case that when farming was being disrupted, there were a lot of people who just said, these people are never going to find jobs.

If you put the farmer out of business, it sounds comical today, but there was a big push when the car came about to be like, no, what are all the horses going to do? Like have some dignity for the horse and the people who are raising horses and whatnot. So it's always been the case that you cannot foresee what's going to happen next.

If you put the farmer out of business, it sounds comical today, but there was a big push when the car came about to be like, no, what are all the horses going to do? Like have some dignity for the horse and the people who are raising horses and whatnot. So it's always been the case that you cannot foresee what's going to happen next.

And the optimistic side of capitalism is as messy and as hard and as much personal damage as you can cause to families along the way. Those people will eventually figure out something to do. And when people say that, it sounds so callous and coarse. And that's why you have so much –