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Economy, explained.
Humans need not apply: An economic horror movieHumans need not apply: An economic horror movie
About the author
Sam Roggeveen
Sam Roggeveen is Program Director of the Lowy Institute’s International Security Program. He is the author of The Echidna Strategy: Australia's Search for Power and Peace (Opens in new window), published by La Trobe University Press in 2023.
Topics
Holy crap, this video is terrifying. From the narration:
We have been through economic revolutions before, but the robot revolution is different. Horses aren't unemployed now because they got lazy as a species; they're unemployable. There's little work a horse can do that do that pays for its housing and hay. And many bright, perfectly capable humans will find themselves the new horse: unemployable through no fault of their own.
[youtube:7Pq-S557XQU#t]
(H/t Kottke.)
Sam Roggeveen
