126. The Rise of Automation and AI – Curse or Blessing for the Working Class?

Today our discussion comes from our most recent seminar “The Rise of Automation and AI – Curse or Blessing for the Working Class?” and was recorded in May of 2024. Our Talk is hosted by our Director of Education, Ibrahima Drame, who is joined by Dr. Sandeep Sacheti, Dr. Ansel Schiavone, and Mr. Ed Dodson. Dr. Sandeep is an Executive Vice President at Wolters Kluwer, an IT and software company for professional services. He received his doctorate from UC Berkeley and has 20 patents in decision science, fraud verification, and identification. Dr. Ansel Schiavone is an economics professor at St. John’s University where he researches inequality, microeconomics, and the political economy. He received his bachelor’s degree from Dension University and his PhD from the University of Utah, both in economics. Mr. Dodson attended Shippensburg University and Temple University where he received his economics degree. Ed was also a manager at Fannie Mae. Edward is also the author of a three-volume book series titled The Discovery of First Principles. Together we discussed why AI won’t replace as many jobs as we think, how Neo-classical labor models fail to hold up in the real world, and the Georgist perspective on how AI would impact labor throughout the economy.  To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/