automation

5 statements across 2 episodes · 1 bullish · 2 bearish · 2 people on the record · first statement Aug 19, 2017 by Julian Marchese · across every show →

Everything said about automation, oldest first

Aug 19, 2017
Insight
Marchese: Running more than three trading strategies requires automation
“Cause you can only, a human can only run two or three strategies being focused in on it. But to run 20 or 30, that, that takes automation.”
Julian Marchese Aug 19, 2017 ▶ 24:42 756: Meet The 21 Year Old Who Runs His Own $5m Hedge Fund
May 20, 2020
Insight
Santens: Automation drives underemployment, not just unemployment
“So a lot of the story of automation is actually not only about unemployment, but about underemployment.”
Scott Santens May 20, 2020 ▶ 6:38 Scott Santens on UBI vs Stimulus Checks
May 20, 2020 bearish
Prediction Not checkable as stated
Santens: Consumer economies collapse under automation without decoupled income
“If you eliminate someone's job, then as long as income is coupled to jobs, then you actually are reducing their ability to spend on the stuff that the machines are making. So as you automate more and more, then the entire consumer based system breaks down beca…”
Scott Santens May 20, 2020 ▶ 17:12 Scott Santens on UBI vs Stimulus Checks
May 20, 2020 bearish
Prediction Not checkable as stated
Santens: Pandemic job losses will not return due to machine automation
“Are all those people going to go back to their jobs? No, they are absolutely not going to go back to their jobs. You're going to have a lot more machines doing a lot of these jobs for one thing.”
Scott Santens May 20, 2020 ▶ 58:39 Scott Santens on UBI vs Stimulus Checks
May 20, 2020 bullish
Insight
Santens: Society should aim for full unemployment via machine automation
“We should be investing in automation, and we should be, we should get out of this I'd say almost like, it's like a trap of full employment, this belief that, that it's best for people to be doing these jobs. I think that we should be aiming for full unemployme…”
Scott Santens May 20, 2020 ▶ 16:20 Scott Santens on UBI vs Stimulus Checks
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