Technology Rescues People From Poverty – but It’s Also Coming for Our Jobs

[headline]

Glenn just read Dan Brown’s book “Origin,” a novel that uses facts to anchor a science fiction thriller. So obviously, he had some thoughts about our changing world. On today’s show, Glenn shared some predictions for the future, including what robots will mean for our jobs and how rapidly technology will change the world we know now.

Here’s some of what Glenn covered in this segment:

  • How we should expect more technological change in the next 20 years than in the last 100
  • Why technology is rescuing countless people from poverty
  • What the rise of robots will mean for millions of jobs
  • Why he calls himself an “optimistic catastrophist”

Listen to the above clip to hear Glenn's answers to these questions and more.

This article provided courtesy of TheBlaze.

So I'm going to talk to you, believe it or not, on what matters most. But I want to start with a book that I just finished by Dan Brown. It's called Origin.

I was in the bookstores a couple weeks ago, and I just bought a stack of books. And Origin was one of them.

And I don't even know why -- I've read two fiction books in the last, I don't know, three years. And the -- and those -- both of them have been in the last 45 days. This one, I -- I read. And I wasn't -- I wasn't even really sure why, other than the premise intrigued me, which is a guy like Elon Musk has figured out, you know, where we came from. And says that he can disprove God.

And I thought, "Okay. Let's see where Dan Brown is going with this one." I know it's going to make the Catholic Church look bad. I got that. What else is he going to do?

I urge you to read this book. It's a -- it's a great -- you know, it's a great Dan Brown book. It's in the same spirit as the Da Vinci Code, et cetera, et cetera. You will spend a lot of time on Google looking things up, going, that's not true. Is that true?

And believe me, I spent a lot of time on Google. And a lot of the stuff in it is true. I mean, it's a real faction book, rather than fiction. It's got a lot of truth to it, and you'll learn a lot about history and everything else that you didn't know.

The -- I don't want to wreck this. But the -- the discovery is not so great. However, the point that they make on humanity and how life is going to change. Very early on, you're introduced to an AI that is this Elon Musk's right-hand man.

And nobody even knows he's AI at the beginning. Because he only is calling and talking to people on the phone or on headsets, et cetera, et cetera. And everybody thinks he's a real guy. And early on, you find out that he's not a real guy. He's AI.

And the premise of the book is, there is real trouble coming our way. And I want you to read this book, because it puts it into fiction. But in a way that, if you can get past some of the religion bashing, which I think is not completely over the top -- it's a little annoying at times. But if you can get past that, you will learn a lot on what you should be concerned about.

A friend of mine sent me something from what's called Mauldin Economics. And he -- this writer, this economist is worried about the fragmentation of society, along with a few other things.

He said, lately my life has been completely packed with speeches and meetings and in-depth, often lengthy conversations, and ongoing research. But I'm always asked, what's on the top of your mind? What are you thinking about? What keeps you up at night?

It's become an emotional question for me, because the answer doesn't come easily. It's complex. And more than a little unsettling. It's evolving out of the research and writing that I am doing about the age of transformation.

Now, this guy is -- this guy is -- he's cut from my same cloth. So you would know.

He is not a catastrophist like I am. I always look for the catastrophe in things. I'm the guy who you don't want on the first half of the ride of the Titanic. But you definitely want me, you know, as we're getting the lifeboats.

I'm the guy on the way to the iceberg, going, "This thing is going down. And there's not enough lifeboats." Once we hit the iceberg, I'm like, "We're going to make it. We're going to be fine. Don't worry. Just, everybody get into a lifeboat."

I'm an optimistic catastrophist. And he strikes me as the same kind of guy. And he said, "We're going to see massive technological changes in the next 20 years. We will see more change and improvement in the next 20 years than we've seen in the last 100."

Now, think of that. Remember, it's been almost 18 years, 17 years now since September 11th. It's been 20 years. Think how fast that has gone.

We're going to see more technological change in the next 20 years, I contend in the next ten, than we've seen in the last 100.

He said, let's start with the good news. In 1820, some 94 percent of the world's population lived in extreme poverty. Ninety-four percent of the world's population lived in extreme poverty. By 1990, that figure was 35 percent.

In 2015, the extreme poverty number was only 9.6 percent. Think of that.

Now, what brought us there. Capitalism. When you can go in 1820, to 94 percent of the world, living in extreme poverty, and it had always been that way -- and one thing changes. Freedom comes to the world for the first time. Freedom and security for the first time, under our Constitution.

And now, it's at 9.6? Forty percent of those who remain impoverished live just in two countries, Nigeria and India, both of which are growing rapidly and will see their extreme poverty significantly decrease in the next 20 years.

There is research to show that, on a global basis, the poor are getting richer faster than any other group.

Let me say that again: There is research that shows, on a a global basis, the poor are getting richer faster than any other group.

If you look beyond the US and Europe -- if you don't look beyond the US and Europe, that's not the conclusion you come to. But Africa and Asia, absolutely. The Industrial Age and free market capitalism, for all of its bumps and warts, have lifted more people out of poverty and extended more lives than has any other single development. The collapse of communism has been a great boon to humanity, even if it is still talked about in -- in favorable ways in western universities.

Now, he talks about the collide that is coming because of jobs. Every new robot replaced 5.6 workers in 2007. And every additional robot per 1,000 workers reduced the percentage of total population employed by .34.

Also reduced wages. Every robot by .5 percent. There is a loss coming of 3.4 million jobs by 2025.

Remember, we're talking about industrial robots only. Not all robots. And any software. Especially not AI.

The future of work conclusion that 90 percent of all driving in the US will be transportation as a service, by 2030.

Let me say that again. Ninety percent of all driving in the US will be what's called TAAS. Transportation as a service. Ninety percent of all driving.

That's an Uber service. The good news is that the average family will save $5600 a year in transportation costs, keeping an extra trillion dollars in Americans' pockets. Think of the time that will be freed for activities other than driving, not to mention the traffic jams that will be reduced. The officers believe that freeing time now spent commuting to work, plus faster transport times, will lead to an increase of GDP between 500 million and as much as $2.5 trillion.

Of course, governments will lose as much as 50 billion in gasoline taxes, as we shift to electric engine and alternative forms of power systems. The bad news is a lot of people will lose their incomes. 228,000 auto repair shops in the country, employing 647,000 workers. That's a minimum data from BLS. When a new car will last for a million miles and have fewer than 30 moving parts, what are we going to -- what are we going to do in auto repair jobs?

The auto industry employs 1.25 million people directly, another 7.25 million indirectly. Not all driving jobs will be lost, but the authors estimate that about 5 million jobs, with a reduction in national income of 200 million. And if we need fewer cars, the estimated new vehicle annual unit sales will drop by 70 percent by 2030, to around 5.6 million vehicles, versus the 18 million that will be sold ten years prior in 2020.

So what happens to all of those jobs? He's talking about a massive, massive loss of -- of income and a massive loss of jobs and businesses that are starting to close down.

But then he gets to something that is really disturbing. And that is the fragmentation of our society. We'll get to that in a second.

This is a moment "Cynical Theories" author James Lindsay probably hoped would never come. The liberal mathematician and host of the "New Discourses Podcast" recently came out as "unhappily" voting Republican, including for President Donald Trump, because the Democratic Party is now being controlled by a far-left movement that seeks to destroy our country and the U.S. Constitution.

He joined Glenn Beck on the radio program Thursday to explain why this election isn't "Trump versus Biden." It's Trump versus a "movement that wants to tear apart American society at its very foundation." Lindsay warned that if it isn't stopped, the left can toss out our rights by rewriting the Constitution — or abolishing it altogether.

"A lot of people don't understand what's happening with the election we have right now," he said. "They think it's a choice between Donald Trump and Joe Biden. And at the surface level, of course, it is. We're voting for each candidate to be duly put into the office of president. But that's not what we really have going on. We have, in Donald Trump, a man who's going to govern as we've all seen — the way he feels like he's going to govern. And we have in Joe Biden, a man captured by a movement that wants to tear apart the American society at its very foundation."

Lindsay noted the popular leftist narratives that call to "abolish anything they don't like," which now includes the U.S. Constitution. He added that "this is the movement that is controlling the Democratic Party."

"It is my belief, that there has been a largely effective kind of silent coup of the Democratic Party, that's turned it completely under the control of this movement. And that's what we're going to be electing with Joe Biden. So I can't do it," he said.

Watch the video below for more details:

Tonight at 9 p.m. ET, 8 p.m. CT, Glenn Beck goes straight to the source of the biggest story in the country with Mayor Rudy Giuliani, who takes us directly into Hunter Biden's alleged laptop.

Despite Big Tech's attempts to squash this story, there should be a mad scramble in the media to get to the bottom of major corruption allegations, but they're willfully ignoring it. However, this is not just a story about Hunter Biden. This is all about Joe Biden. It's a story Glenn has been investigating for over a year that traces back to Ukraine and China. It goes directly to the root of corruption within our political system: How politicians use their family members to enrich the entire clan and sell out their country. While the media looks the other way, Glenn asks Mayor Giuliani to show us the evidence. Giuliani details the chain of possession of the laptop and reveals news that he only had possession of the laptop days before the New York Post story broke. He says, "I reported this the day after I saw it."

He also drops a major bombshell on the show and says Big Tech doesn't want you to see evidence that "establishes with texts, documents, contracts" that "Joe Biden was a 10% partner with a Chinese communist … and there are witnesses that will come forward and testify to it."

Big Tech censorship is out of control. So to watch tonight's explosive episode of Glenn TV, you must be a BlazeTV subscriber. Because Big Tech is doing whatever it can to limit free speech, we're offering our most important discount on BlazeTV ever. Use promo code GLENN to get $30 off a one-year subscription, so you'll have 24/7 access to news and entertainment completely free of biased "fact-checks" and censorship.

Watch a preview of the show below:

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The Senate Judiciary Committee was set to vote on subpoenas to compel Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg to testify on alleged censorship and bias across their platforms. But that all changed when Republican committee members "expressed reservation about the maneuver," Politico reports.

Sen. Ted Cruz (R-Texas), who chairs Judiciary's Subcommittee on the Constitution, was definitely not one of the committee members with cold feet. On the radio program Tuesday, he told Glenn Beck that he's fighting "vociferously" to ensure Dorsey and others testify before the November 3rd election.

"Jack Dorsey and Mark Zuckerberg are both going to testify. They're are going to testify in person. They're going to testify before Election Day. That's what I think should happen," Cruz said. "That's what I'm fighting vociferously to happen. Right now, the companies are negotiating with the chairman's office to discuss terms to come voluntarily. I don't give a damn whether they come voluntarily or under subpoena. They need to testify in person and answer questions for the American people about why they are trying to steal this election, to suppress the free speech, and to censor the press."

The subpoenas would require Big Tech leaders to testify on the alleged "suppression and/or censorship" of two consecutive blockbuster stories from the New York Post. The first story was about emails that allegedly came from Hunter Biden's computer which are currently being investigated by the FBI, and the second was based on additional emails that allegedly showed communist China directly offering millions of dollars to then-Vice President Joe Biden.

"Big Tech stepped in, and they've done something they've never done before," Cruz explained. "We know that Big Tech has been censoring individual conservatives, trying to suppress conservative speech. But the step they took here is, they blocked if any individual user tried to share either of the New York Post stories, [they] were blocked ... Sharing a news story, from a major media outlet is part of democracy, part of free speech. And not only that, they blocked the New York Post itself. Right now, today, the New York Post is not being allowed to post its own damn stories on corruption. This is ridiculous. It's a threshold that's never been crossed before, of Silicon Valley oligarchs declaring the authority to determine what the press is allowed to report, and who is allowed to see it."

Watch the video below to catch more of the conversation:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

If we learned nothing from the media over the past 4 years it's that colluding with a foreign entity to either win an election or for personal gain is absolutely grotesque. Well, that depends on whether you have a (D) or (R) before your name anyway. President Trump was impeached on rumor and innuendo yet Joe Biden has all but skated on his corruption up to this point.

Below is a timeline that shows the level of corruption and the lengths the Biden's went to in order to build that family's wealth and influence internationally.

2009

In 2009, Joe Biden was the brand-new Vice President and John Kerry was a U.S. Senator. Just five months after Joe was sworn in, his son Hunter, and Kerry's stepson, Christopher Heinz, formed an international private equity firm called Rosemont Capital. It had several different branches, including one called Rosemont Seneca Partners.

2010

Just nine months after Rosemont Seneca opened its doors, Hunter Biden went to China for meetings with executives from China's biggest banks, and its sovereign wealth and social security funds. That's unheard-of access for a brand-new firm. Was it just coincidence that at the same time Hunter was meeting these Chinese bigwigs, his dad was meeting with China's then-president Hu Jintao in Washington DC at a nuclear security summit?

2011

In May 2011, Joe Biden met with Chinese officials for the U.S.-China Strategic & Economic Dialogue conference in Washington. Just two weeks later, Hunter Biden went to Taiwan for meetings with the same Chinese financial giants he'd met in China in 2010, plus some new ones.

2013

By December 2013, Joe Biden was enjoying his second term as VP, and John Kerry was now Secretary of State. That's when Joe traveled to Beijing on an extended official trip and Hunter traveled with him on Air Force Two.

During their stay, Vice President Biden met with President Xi and Hunter was mostly out of sight. We don't know exactly what he was up to, but the deal finalized between Rosemont Seneca and the Bank of China just ten days after the Bidens' trip pretty much gives it away. The most powerful financial institution in China formed a joint venture with tiny Rosemont Seneca to create a giant new investment firm called Bohai Harvest RST – the "RS" stands for Rosemont Seneca.

The firm is often called "BHR" for short.

Hunter Biden was a member of the Board. Remember, the Bank of China is government-owned, which means its business is completely intertwined with the goals of the Chinese Communist Party. BHR also got the freedom to operate in the newly created Shanghai Free-Trade Zone where, over the next six years, it would use $2.5 billion of Chinese government money to invest in China, as well as in other countries, including the U.S.

During their Beijing trip, Hunter also introduced Jonathan Li to his dad. Li is Hunter's business partner – he's CEO and Director of BHR.

Hunter arranged for Joe to meet Li in the lobby of the hotel where they stayed during their Beijing trip.

2014

In 2014, one of BHR's first major investments was in the China General Nuclear Power Corporation.

CGN is a Chinese government-owned nuclear power company that sold off a stake of the company to outside investors. Problem is, CGN was under FBI investigation for paying informants in the U.S. to steal nuclear secrets.

In 2016, the FBI arrested the ringleader of this nuclear espionage, a man named Allen Ho.

When they arrested Ho, he was using a random code generator to access funds being provided to him from – where else? – the Bank of China.

Yet while this FBI probe was going on, the son of the Vice President owned a stake in the company being investigated. And even after arrests were made, Rosemont Seneca did not alter its relationship with BHR, nor did it divest from CGN, even though it was stealing U.S. nuclear secrets.

2015

In 2015, BHR partnered with the Aviation Industry Corporation of China (AVIC) to buy an American company called Henniges for $600 million.

AVIC is a gigantic military contractor in China – think Lockheed Martin – that makes fighter jets, bombers and drones. BHR bought 49% of Henniges and AVIC bought 51%.

Henniges is a precision parts manufacturer specializing in anti-vibration technology. The stuff they make is known as "dual use" by the U.S. State Department, which means the technology can also have a military application.

Because of that, the deal had to be approved by the Committee on Foreign Investment in the U.S. (CFIUS) since it could have national security implications. The thing is, the American side of BHR – meaning Hunter Biden and his pals – had to know there were serious national security implications with AVIC.

The year before they formed a partnership with AVIC, the Wall Street Journal reported how AVIC stole technology related to the U.S. Air Force's F-35 stealth fighter and used it in its own stealth fighter for the Chinese.

How the Committee on Foreign Investment approved that deal remains a mystery. CFIUS does not publicly disclose any information regarding its decisions. Their findings are not publicly announced.

Interesting that China accounted for the largest share – with 74 transactions – approved by CFIUS during Obama's second term (2013-2015).

Under the umbrella of Rosemont Capital was a real estate company called Rosemont Realty. In 2015, a Chinese company called Gemini Investments bought a 75% stake in Rosemont Realty. The company was renamed Gemini Rosemont

Gemini brought $3 billion to the partnership with Rosemont, with the aim of buying "Class A institutional-quality commercial office properties in U.S. markets."

Red flag (literally) – Gemini Investments is a subsidiary of the China Ocean Shipping Company, a.k.a., "COSCO."

COSCO is a Chinese government-owned company. Its headquarters in Beijing is actually next to the headquarters of the Bank of China. COSCO is well-known for its close military ties. It's essentially a branch of the Chinese Navy.

2017

In 2017, BHR invested in Face++. That's the facial recognition phone app built by a Chinese company that is incorporated in a separate app built by the Chinese government. Police in the Xinjiang [Sin-jong] region of China use that app to keep tabs on citizens, and track and detain Uiguhr [Wee-ger] Muslims.

The app allows police easy access to data about Chinese Muslims including things like religious activity, blood type, and even the amount of electricity they use.

2018

In March 2018, a spokesman (Chris Bastardi) for Christopher Heinz (John Kerry's stepson) emailed The Hill to say that Heinz had "no operating role" in Rosemont Seneca, and that he was not involved in any of Rosemont's deals in China (which contradicts Schweizer's report in his book Secret Empires).

Chris Heinz was involved in Rosemont Capital. Rosemont Seneca was established under the same GP as Rosemont Capital, but Chris Heinz had no operating role in it. Chris and his family have no financial interest or investment in Bohai Harvest RST, he has never traveled to China, and he has never met with the firm's Chinese management team or investors.

2019

In October 2019, Hunter Biden's lawyer, George Mesires, said Hunter did not conduct any business on that 2013 trip to Beijing with his Dad.

Mesires said the timing of BHR's business license getting approved was purely coincidental because the paperwork had been submitted months before the Bidens' China trip.

According to Hunter's lawyer, the approval " was not related in any way, shape or form to Hunter's visit."

Hunter Biden finally stepped down from the BHR board last October (2019), but he DID NOT give up his 10% stake in the company.