Yanis Varoufakis
๐ค SpeakerAppearances Over Time
Podcast Appearances
You see, these are machines that don't produce anything.
They are not productive machines.
They're not like industrial robots building cars.
These are machines that determine what we think.
And, you know, in other words, these are machines that the owners can use in order to extract rents, which are a loss of GDP, to go back to what you were saying.
It is a break on growth.
It is a break on societal enhancement.
But, you know, these tech guys...
either don't know any of this because all they want is more of whatever it is that they're after, which is money, shares, whatever.
And they have no idea how their technology is being utilized.
In a sense, you know, this is not new because you go back two, three centuries ago, you know, James Watt, the inventor of the steam engine, was neither responsible nor understood the effect that it would have on transforming society from feudalism to capitalism.
What these people are lacking is a theory of change, of transition.
Because, you know, ideally, ideally, I would agree.
You know, I'm a Trekkie, right?
I mean, I have misspent my youth and my older age watching a lot of Star Trek.
And
I love Star Trek because it is the best example of libertarian communism.
Think about it.
Nobody works because you have replicators doing all the work.
So, you know, you order food, clothes, even spaceships of replicators and machines convert energy and mass into whatever it is that you order.