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Intelligent life elsewherean and with more scientists searching for them we willll likely find out more about them and find more of them. i think it s alien. i m going to go out on a limb and say i think it s alien. and i think it s fascinating that you point a radiot receiver to the sky and we pick up radio signals. granted, there are scientific explanations for it. tucker: so, to flip it around. i want to be sure i understand. this nothing about it that i really understand. but there is no hard consensus that this is a naturally h occurring phenomenon? there are serious scientists who believe this could be an intentional act, the sending of these radio signals? it could be it could be from the collapse of a planet. it could be signals that come out of a black hole. and if it is signals that come out of a black hole, that s awesome, too. because we can then learn more about them. it could be a neutron star it could be two of them colliding. again, that s also a very cool thing ....
This up. in the meantime we want to give you some idea how stupid and buffoonish the wall coverage has been in case you missed it. by contrast, there was one fascinating story about immigration this week. it didn t mention borders or walls. w it s from an upcoming edition of 60 minutes on cbs. u in the piece, a researcher describes what is about to happen to this country s labor market thanks to the growth of artificial intelligence. watch this. a.i. will increasingly replace repetitive jobs, not just for blue collar work but a lot of the white collar work. a lot of things will become automated.d. we will have automated stores, automated restaurants. and all together in 15 years, that s going to displace about 40% of jobs in the world.di tucker: 40% of the world s jobs approaching half. as lee warns in the segment ....
Especially a developed country like the united states or northern europe. tucker: there are lots of arguments for mass, lowe wage immigration and some of them are perfectly reasonable. there is a moral argument if we could help people, we should. i don t think that s crazy.i i don t see the economic argument for it under the circumstances that you just described. it is supply and demand. if you increase the supply of low skilled labor, you increase the demand for good, blue-collar jobs. the problem is, there are fewer blue collar jobs already for the american working class. another way to think about, thistt we paid more attention with the advent of donald trump, we paid more attention to the white working class in america, belatedly. a way to think about this, even if you are not particularly sympathetic to their plight, they are like the canary in the coal mine. in other words, as you just alluded, it s going to start what s happened tost them and black blue collar workers as w ....
The fallacy that people who answer the phone are no longer operators pulling out cords and plugging them in to other cords. tucker: i understand. the unemployment rate is one aof many measures and it s a pretty imprecise measure, as you know. okay, there is 150 million people with jobs in this country, which means despite losing millions of jobs due to technology, we have added tens of millions of jobs h tucker: but wages, hold on. but what you are not taking account of, of course, are the people who are out of labor market for good, who really should be in the labor market, and there are many millions of them.f but also you are not taking into account what they make. so wages at the lower end decades. haven t really moved for decades.or here i am making the old fashioned democratic argument, but it s true. my question is, how does addingke more people to the labor market help? i m not saying they are not going be jobs you are making a fallacy when say that we re going to l ....
All economics professors with computers, with a.i. and if my dream came true, youu and all of your colleagues would be immediately out of a job. would you have the same posture toward automation as do you now if that happened? s well, as you know,do probably, tucker, i teach at a a business school and business schools and a lot of professional schools demand has been down andch there is pressure. my view of automation is, if you look at the jobs numbers, technology destroys jobs and technology creates jobs. so we lost 5.5 million jobs last month. but we added 5.8 million m jobs last month. so i don t think the fact that some technologies are going to come in and replace specific jobs by any means suggests that the unemployment rate is just going to go up to 50% and there is going to be nothing for people to do. certainly the history has not shown that. tucker: actually, the histor: has shown massive disruption. ....