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Speaker unverified: uncertainty

23 Oct 2024 Lex Fridman Podcast #450 – Bernie Sanders Interview

“Everyone agrees to that. And I don’t know exactly what is, but the worker today is producing a lot more than the work of 50 years ago doing something similar.”

— Speaker unverified

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Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
uncertainty
Recorded
23 Oct 2024
Publisher
Lex Fridman Podcast

Transcript context

…Let’s go. Here we go. Over the last 50 years, there’s been a massive increase in worker productivity as a result of technology, right? Everyone agrees to that. And I don’t know exactly what is, but the worker today is producing a lot more than the work of 50 years ago doing something similar. Is the worker today in real inflation accounted for dollars making more money than that work 50 years ago? Well, there’s a lot of close arguments there, but your point is well taken. It’s either the same or a little bit higher or a little bit lower, depending on the statistics. It has not increased significantly, and the wealth inequality has increased significantly.…

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