Growth Without Jobs: AI and the End of the Old Capitalist Bargain

I sat down with Jordi Visser to discuss a historically new phenomenon: economic growth without job growth—and what artificial intelligence means for the future of work, capital, and capitalism itself.We discuss I why economic growth is increasingly happening without job creation and what artificial intelligence means for the future of work and capitalism. This conversation explores how AI is breaking the historic relationship between capital and labor, why this moment feels different from past technological shifts, and why the transition path may be more destabilizing than the destination itself.Read my Substack on this essay here: https://robertdewey3.substack.com/p/w...We also talk about how AI changes competition, erodes traditional sources of career stability and corporate advantage, and forces a rethinking of how prosperity is created and distributed in the years ahead.Thank you very much to our sponsors: Truflation: BUY Truflation products/services and save 10% using code BOBDEW10. Learn about what prices are actually doing by going to https://truflation.com/If you are interested in the Bitcoin Blockchain Traded Fund, you can find infornation here: https://truflation.com/blog/quantamm-...Foundation: Protect your Bitcoin using the latest off-line technology with easy-to-use Passport. Their next product, Passport Prime will protect all passwords off-line with even-better technology. https://foundation.xyz/River Financial: If not cold storage for your Bitcoin, I’d highly recommend River for buying and holding- River is engineered to protect your Bitcoin over the long run. Use this link for discounts: https://river.com/signup?r=T7GGAF7GTimestamps:00:00 Introduction to AI and Labor Market Disruption04:58 The Impact on Younger Generations10:09 AI's Role in Competitive Advantage and Capitalism19:47 Embracing AI for Productivity and Creativity24:45 The Future of Capitalism and Economic Reform31:30 The Case for Bitcoin as a Hedge32:54 AI's Impact on Industries44:08 Revolutionizing Healthcare with AI48:20 The Future of Education in an AI World55:47 Navigating Societal Changes and Wealth Distribution This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertdewey3.substack.com/subscribe