Keiser Report: Rise of the Machines (E1043)

in #economy • 7 years ago (edited)


[Este episodio en Español] So, robotization is going quicker than expected. What is then the future of human kind? Liberation from hard work or extinction?



In this episode of the Keiser Report Max and Stacy discuss that the robots are coming for white-collar jobs. And they ask why, if workers can be replaced by more efficient robots, why can’t the U.S. insurance-based ‘healthcare’ system be replaced by the more efficient Medicare For All?

Multiple Compressions

In the second half Max interviews Wolf Richter of WolfStreet.com about why it is worse than before the last three crashes as ‘multiple compressions’ are on the Trumpland horizon.

Wolf lives in San Francisco. He has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin).

In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. But one day, he quit and went to France for seven weeks to open himself up to new possibilities, which degenerated into a life-altering three-year journey across 100 countries on all continents, much of it overland, that almost swallowed him up.

You can find more of Wolf Richter at his blog Wolf Street.



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