Viktor Shvets

speaker
213 appearances 1 recordings 1 series first heard Nov 2024 last heard Nov 2024

Viktor Shvets’s voice in public audio — every appearance, attributed to the second.

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Well, the way the way I look at it, uh, human history is very convoluted and very complex, quite often contradictory.
I like Kevin Drum phrase that I keep using uh constantly in the book.
He's a blogger from California, when he said humans are just overclocked primates.
That beneath very thin layer of civilization lies five million years of primate uh evolution.
And therefore
We we we we are we're tribal, uh we have we're subject to dominance displays uh and all the rest of it.
And so human history is is is very complex.
But one thing we've learned that over time we overcome those challenges.
Over time, productivity rises, over time output increases, healthcare improves, you know, longevity improves, and there is no reason why at all to believe that this period will not be followed by this nearby.
Nirvana at some point in time.
Why 20 years from now?
To me, that's a process that the time you need in order to achieve two things.
Number one, a sustainable increase in productivity.
So in other words, it's not just one country grows productivity because they're eating demand from other countries and other countries are stagnating.
Yeah.
But you actually have a global increase in productivity.
To me, we're still residing on the bottom of the U curve, which
Which means we have not yet figured it out how to use technology sufficiently to maintain aggregate demand, to avoid unemployment, and to drive productivity all at the same time.
But over a period of the next decade or two, we will find a way to do it.
Now that probably will imply a lot of people will not have jobs.
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