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Trend Following with Michael Covel

Bestselling author Michael Covel is the host of Trend Following Radio with 7+ million listens. Investments, economics, decision-making, human behavior & entrepreneurship--all passionately explored. Guests include Nobel Prize winners Robert Aumann, Angus Deaton, Daniel Kahneman, Harry Markowitz & Vernon Smith. Also: James Altucher, Dan Ariely, Jean-Philippe Bouchaud, Kathleen Eisenhardt, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Tucker Max, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams. All 600+ eps at www.trendfollowing.com/podcast.
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Bestselling author Michael Covel is the host of Trend Following Radio with 7+ million listens. Investments, economics, decision-making, human behavior & entrepreneurship--all passionately explored. Guests include Nobel Prize winners Robert Aumann, Angus Deaton, Daniel Kahneman, Harry Markowitz & Vernon Smith. Also: James Altucher, Dan Ariely, Jean-Philippe Bouchaud, Kathleen Eisenhardt, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Tucker Max, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams. All 600+ eps at trendfollowingradio.com/rss.

Feb 23, 2018

Martin Ford is a futurist and author focused on the impact artificial intelligence is having on society and the economy. He is also the founder of a Silicon Valley based software development company and recently started Genesis Systems, focused on creating sustainable water by way of atmospheric water retention systems. He has over 25 years of experience in software development and systems. His newest book is “Rise of the Robots: Technology and the Threat of a Jobless Future.”

What was the trigger that caused Martin to go down the path of studying artificial intelligence? He was running a small software company from the mid 90’s to the 2000’s. He saw first hand in that short span of time how rapid technology was shifting jobs. Once his interest was sparked, he quickly began looking beyond just the loss of jobs and thinking of the economical ripple effect of jobs disappearing.

How do we disrupt the economical and social impact of severe unemployment? Martin proposes a “basic income”. Basic income would be enough money for the typical individual to get by on and survive, but not thrive. Controversial? Yes. Michael and Martin end the podcast discussing the ever looming threat of sustainable water and Martin’s newest venture, Genesis Systems.

In this episode of Trend Following Radio:

  • Loss of jobs to robots
  • Basic income
  • Rapid advancements in technology
  • Poverty traps
  • Dignity and work
  • Technology in medicine
  • Population and pollution
  • Sustainable water
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