Part 6/16:
However, AI is not autonomous, by design—human oversight remains essential. It’s “brain in a jar”, not connected reliably to the internet, though that may change with future updates. AI models are limited; they cannot do everything perfectly, but they are extraordinarily versatile.
The Economic Context: Historical Trends and Disruptions
Shapiro dives into history to contextualize the ongoing AI revolution. Starting from the Industrial Revolution, he discusses how technological shifts like the steam engine radically altered economies—ushering urbanization and industrialization—as well as mechanized agriculture leading to farm job destruction.