Will AI destroy the economy?

Help build our political power – support us on Patreon: https://patreon.com/garyseconomics Will AI make us all richer and more productive, or steal our jobs and impoverish us? The Industrial Revolution gives us clues about what could be about to happen. Chapters: 00:00 Intro 04:58 Will AI decrease wages? 06:19 Will AI increase wages? 13:00 Luddites 16:17 The Industrial Revolution 24:50 Who profited? 26:51 Workers became powerful 31:12 Why customers matter 36:03 Henry Ford’s dilemma 39:55 Who benefits from increased productivity 43:32 Will AI liberate us? 45:57 Why I am positive about the future 51:19 We CAN win ––––––––––– GET MERCH – https://shop.garyseconomics.org/ DONATE – https://buy.stripe.com/7sYbIUaRp2Pafv0cYCdjO01 JOIN GARY'S MAILING LIST – https://subscribepage.io/garyseconomics GET THE TRADING GAME – https://www.penguin.co.uk/books/455809/the-trading-game-by-stevenson-gary/9781802062731 ––––––––––– Follow Gary on other channels: LINKEDIN – https://www.linkedin.com/company/garyseconomics SPOTIFY – https://open.spotify.com/show/2807p01KIe4RRFjRTB5o25 INSTAGRAM – https://www.instagram.com/garyseconomics TIKTOK – https://www.tiktok.com/@garyseconomics BLUESKY – https://bsky.app/profile/garyseconomics.bsky.social X – https://twitter.com/garyseconomics FACEBOOK – https://www.facebook.com/garyseconomics DISCORD – https://discord.gg/vqME6WsPd7 WEBSITE – https://www.garyseconomics.org