Comments by "" (@tekannon7803) on "Ian interviews Larry Summers: Explaining the banking crisis | GZERO World" video.

  1. Ian stuns the Sunday crowd with straight-talking, king-of-the-measured response, Larry Summers. Larry sees through every crisis you have in America and the world with astounding clarity and brilliant insight. Two things I would like to throw over the ocean from where we live to you. AI is going to be riding piggy-back on consumer capitalism because the two will be inseparable to every employer bar none when things really start taking off. Why do I say this? Because consumer capitalism is profit driven and AI will be able to do all of our jobs better than humans which means that some very good professions and skills people have spent years honing to perfection will go the way of the dodo bird. Yes; people will be laid off the minute an employer sees the value-added returns on investment that an AI program over a human employee will bring. Here is the not-so-good answer to solve this puzzle: we have to get an economic system that has free markets but is not profit driven. This way, humans will be able to keep their jobs over machines because employers won't lose out keeping a good designer for example, on the payroll. Of course, I happen to have invented just such an economic model that could be used as a proto-type if people like Larry could tinker with it and get all the bugs out of it. But it could be the way to get us weaned off capitalism. I don't want to plug my book, but I call my system, teknomix. Lastly, the crises of division and anxiety in your country is growing with leaps and bounds because of one thing: the national mindset. I am probably wrong on this one too, but please hear me out. We need to get everyone out there in your 50 states changing their focus from looking what others are doing and get everyone going for their greatest challenge. From 2- to 72-year-old kids and adults and everyone in between, I submit that America is experiencing a lot of unnecessary and disturbing trends that pulling things apart, because people are looking into someone else's backyard and of course what they see they might not appreciate. To recap: the national mindset must be from now on for people to go for the greatest and most challenging life they can. When you do this, you don't have time to worry what the other guy is doing with his life. It's over simplified, but what I think is happening is that everything has changed for us across the world because of the digital revolution, but we are still thinking with an outdated outlook on society. No wonder so many people are finding fault with themselves, with others, with the other political party etc.
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