The Week

The Half-Trillion-Dollar AI Loop | The Week

If you were to go back and look at the average productivity of the US worker over the past 90 years, you will not see a single technological innovation. You won't see air conditioning. You won't see cell phones or computers or the internet or Microsoft Office. You don't see it because it takes a long time for productivity to be absorbed into the workplace and used by employers.

It's Been a Minute

Who really counts as ‘working class’?

The idea of a working class is that you have people who are laboring but own nothing. And this comes out of the industrial revolution and the mass employment of people in things like factories. This is the this kind of idea of working class of working but not owning carries through the 19th century.

Invest Like the Best with Patrick O'Shaughnessy

Gavin Baker - AI Market Jitters - [Invest Like the Best, EP.485]

The most underappreciated thing about AI is that it's deflationary. Every single time in history when something has caused the kind of growth in demand that AI is causing, it has been because it is deflationary — because it lowers the cost of doing something that people want to do.

Invest Like the Best with Patrick O'Shaughnessy

Shyam Sankar - Celebrating Heretics - [Invest Like the Best, EP.462]

the United States must reindustrialize after decades of moving production overseas, and explains what we can learn from America's industrial past