Strongly Recommended Watch: The $100 Trillion Question: What Happens When AI Replaces Every Job?
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The economic revolution is coming faster than you think. Anton Korinek, professor of economics at the University of Virginia and a leading AI economist, reveals why artificial general intelligence could arrive in just 2-5 years—and why our entire economic system will collapse without radical changes. This isn't science fiction anymore.
KEY REVELATIONS:
– Why planning beyond 2-3 years is now "almost impossible"
– The exact moment when human workers become "easily substitutable"
– Why universal basic income isn't radical—it's inevitable
– How governments are dangerously unprepared for what's coming
"It's completely unpredictable what the world will look like in a couple years down the road," says Korinek – and that's from someone who studies this for a living.
Whether you're a CEO, employee, or student—this affects your future. The question isn't IF this will happen, but WHEN you'll be ready.
Timestamps
00:00 - The urgent warning
01:05 - The economics of AGI
01:30 - "We are so close"
02:13 - Are we already there?
02:42 - Tracking the impossible
03:50 - The end of five-year plans
05:15 – The invisible economic impact
05:59 - The great disruption
06:50 - Universal basic income: From radical to inevitable
08:12 - The substitution effect
09:19 - From Sci-Fi to boardroom reality
11:00 - Education in the age of AI
11:37 - Political destabilization risk
12:32 - The competition paradox
14:19 - The global AI arms race
14:42 - When governments need to act
15:35 - The specific dangers
16:04 - The cooperation imperative
Find more BiGS research on AI regulation: https://www.hbs.edu/bigs/ethical-ai
KEY REVELATIONS:
– Why planning beyond 2-3 years is now "almost impossible"
– The exact moment when human workers become "easily substitutable"
– Why universal basic income isn't radical—it's inevitable
– How governments are dangerously unprepared for what's coming
"It's completely unpredictable what the world will look like in a couple years down the road," says Korinek – and that's from someone who studies this for a living.
Whether you're a CEO, employee, or student—this affects your future. The question isn't IF this will happen, but WHEN you'll be ready.
Timestamps
00:00 - The urgent warning
01:05 - The economics of AGI
01:30 - "We are so close"
02:13 - Are we already there?
02:42 - Tracking the impossible
03:50 - The end of five-year plans
05:15 – The invisible economic impact
05:59 - The great disruption
06:50 - Universal basic income: From radical to inevitable
08:12 - The substitution effect
09:19 - From Sci-Fi to boardroom reality
11:00 - Education in the age of AI
11:37 - Political destabilization risk
12:32 - The competition paradox
14:19 - The global AI arms race
14:42 - When governments need to act
15:35 - The specific dangers
16:04 - The cooperation imperative
Find more BiGS research on AI regulation: https://www.hbs.edu/bigs/ethical-ai