Zach Exley

speaker
288 appearances 1 recordings 1 series first heard May 2026 last heard 14 May

Zach Exley’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.

Appearances

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There's, it's called a demand, uh, doom loop.
You know, it's a demand, um,
It's a self-reinforcing demand downward spiral, right?
So people have less money to buy stuff.
So that creates less demand.
So companies lay people off, which lowers demand even more.
We've stopped that since World War II by jumping in.
The government jumps in and just gives everybody money.
And then capitalism gets back on its feet.
This has worked for...
a few centuries now.
Well, even without the bailouts, capitalism has eventually started investing again and employing people again, because it's true what they say, that new technology creates new kinds of products and new kinds of services, which means new companies, which means new jobs.
So people got automated off the farms into the factories, and then they got automated out of the factories into offices.
And capitalism's amazing trick
is that it can just limit limitlessly create new products and services, uh, which keeps everybody employed and keeps the system expanding.
There's a big problem now with AI because now AI is going to be able to do everything that a person can do at their computer.
Right.
And there's a lot of other jobs that are going to get automated too, that are getting automated in factories, in cars, obviously, um, and in all kinds of other parts of the economy.
But, um,
It can do everything that humans can do with their brains.
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