IQ2US: Automation Will Crash Democracy

Around the world, technology is disrupting the workforce, with automation poised to displace humans in the fields of medicine, agriculture, and beyond. Will the rise of robots fuel a new wave of “us versus them” populism capable of undermining democracy?

For some, the answer is yes. They argue that as people lose jobs to robots, the gap between the rich and poor widens, distrust in government and democratic institutions grows, and populist ideas become more attractive to those who feel left behind. The importance of work trumps the importance of democracy, leaving a clear path for authoritarians to rise under nationalist messages that pit groups of people against one another. But others paint a different picture: They argue that humans have adapted to – and benefited from – new innovations for centuries. From the advent of water and steam power to computers, work has changed, but never disappeared. And as automation drives higher productivity growth, humans can reach their full potential and pursue societal innovation, allowing more citizens to feel fulfilled and strengthening democracy on the whole.

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Waking Up Book Club 2 With Antonio Damasio

In this second Waking Up Book Club event, we’re recording live from the Theatre at Ace Hotel in Los Angeles. Listen to Sam Harris interview Antonio Damasio about his new book The Strange Order of Things: Life, Feeling, and the Making of Cultures.

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IQ2US: Bitcoin Is More Than a Bubble and Here to Stay

Is Bitcoin here to stay, or is it a bubble waiting to pop? Less than a decade old, Bitcoin is worth billions. The cryptocurrency promises to revolutionize global finance by placing control of currency in the hands of users, not nations, and make financial exchanges more transparent, efficient, and democratic. And it seems to be taking hold: Earlier this year both the Cboe and CME debuted Bitcoin futures. But is Bitcoin really a safe bet? Proponents say the hype around the cryptocurrency is warranted, and previous critics – including executives at JPMorgan and Goldman Sachs – are increasingly jumping on the Bitcoin (block)train. On the other hand, skeptics suggest this highly volatile digital currency offers a platform for illicit activity, including money laundering and trafficking of humans and drugs, free from government oversight and regulation. And, they argue, Bitcoin has no intrinsic value – the price is based on market enthusiasm rather than actual utility. This debate is presented in partnership with the Adam Smith Society. The Adam Smith Society — a project of the Manhattan Institute — is an expansive, chapter-based network of MBA students, professionals, and business leaders who work to foster debate about the moral, social, and economic benefits of capitalism.

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