David Shapiro - Post AGI Economics - Future proof your career and economy

Join us for an enlightening episode of the Mindblowers Podcast, where host and keynote speaker Daniel Kafer interviews AI expert David Shapiro. Together, they delve into how artificial intelligence and robotics are transforming industries, impacting jobs, and reshaping society. In this thought-provoking conversation, they explore the imminent "automation cliff," a point where AI and robots become better, faster, and cheaper than humans at virtually all tasks. David discusses the rapid advancement of AI and its ability to take over tasks that were once exclusively human. They examine the sectors most vulnerable to automation, such as call center operations and computer-based occupations, highlighting the reality that many people are already losing their jobs to AI. The conversation addresses the concerns of those whose jobs involve sitting in front of a computer and the professions that are likely to endure despite technological advancements. They also explore generational shifts in work attitudes, particularly the perception that Gen Z is less inclined towards traditional work structures. David offers insights into how increased longevity might strain government support systems and why the government may not be prepared to take care of an aging population. He predicts that significant impacts from AI and robotics will become evident in the next 5-10 years, emphasizing that change, while often perceived as a threat, can also be an opportunity. For those fearful of automation, David provides practical advice on adapting to an automated future. He shares his personal perspective on embracing AI, even expressing a desire to lose his job to AI to focus on what he truly enjoys—a concept he refers to as the "Meaning Economy." This shift emphasizes pursuing passion-driven careers that provide personal fulfillment beyond financial gain. The discussion delves into how technology is inherently deflationary, leading to cost reductions in various sectors. They touch on examples like AI-generated artwork being preferred over human art and robots potentially making houses 30-50% cheaper. David introduces the intriguing idea of human interaction becoming a luxury good, where personalized human services may become premium offerings in a world dominated by AI. From robot sommeliers to our innate preference for in-person interactions, they examine the enduring importance of human connection in the digital age. This interview is a must-watch for anyone interested in the future of work, economics, and society in the age of AI. David Shapiro's insights offer valuable guidance on how to navigate the rapidly changing landscape brought about by technological advancements. Key Themes: The Imminent Automation Cliff: Understanding how close we are to a significant shift in the labor market due to automation. Adapting to Change: Strategies for individuals and businesses to stay relevant. Economic Implications: How deflation and cost reductions will affect the global economy. The Meaning Economy: Focusing on work that brings personal satisfaction and cannot be easily automated. Human Connection: The increasing value of human interactions in a world dominated by AI. About David Shapiro: David Shapiro is a renowned expert in artificial intelligence and post-labor economics. His insights help us navigate the complex landscape of automation, offering guidance on how to prepare for a future where AI plays a central role in daily life.