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EssentialThe Exponential Age

The Looming Unemployment Crisis in the Exponential Age

Featuring James Rasteh and Art Bilger

May 20, 2021 • 56 minutes

Essential

The Exponential Age

The Looming Unemployment Crisis in the Exponential Age

Technological progress has the power to unlock human potential by delivering remarkable efficiency--this can also inflict a severe burden on workers.

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Featuring James Rasteh and Art Bilger

May 20, 2021 • 56 minutes

Technological progress has the power to unlock human potential by delivering remarkable efficiency; however, by so doing, it can also inflict a severe burden on workers whose jobs are the subject of this disruption. This risk is one which Art Bilger, venture capitalist and founder of WorkingNation, has set out to document and alleviate. In this conversation with Coast Capital founder and chief investment officer James Rasteh, Bilger argues that technological trends such as self-driving cars and 3D printing will displace workers and give rise to an unemployment crisis. Bilger and Rasteh discuss the corrosive knock-on effects for society and the potential steps necessary to prepare for this radical transition. Filmed on May 14, 2021. Key learnings: Bilger envisions a world in which cashiers are replaced by iPads and truck drivers are supplanted by self-driving eighteen wheelers, and he argues that the modern workforce needs to prepare for the jobs of the future, such as in green energy or healthcare.

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Exponential Age explores extraordinary new technologies and the profound change they represent not just for financial markets but also the world as we know it. It's about getting and staying just a few minutes ahead in this brave new world and profiting from that advantage.

More Episodes

Exponential Age explores extraordinary new technologies and the profound change they represent not just for financial markets but also the world as we know it. It's about getting and staying just a few minutes ahead in this brave new world and profiting from that advantage.

More Episodes

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