
Stephen Barrows
Stephen P. Barrows, Ph.D., is an economist and Chief Operating Officer of the Acton Institute and a frequent Acton Line guest.
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Sep 24, 2026
Stephen Barrows Examines Bill Gate’s New AI Essay
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Stephen BarrowsGUEST
Yeah, you know, it seems that he may very well be underselling what had happened in the past with previous technologies.

Stephen BarrowsGUEST
I think with any technological advance, you're going to see the same thing, which is to say you're going to see augmentation and you're going to see displacement.

Stephen BarrowsGUEST
And what I think is interesting, so he goes through a list of risks or downsides.

Stephen BarrowsGUEST
As I recall, one is that he thinks that there's going to be catastrophic job losses is one thing.

Stephen BarrowsGUEST
He even alludes to the Great Depression as an example of historical catastrophic job losses.

Stephen BarrowsGUEST
He talks about bad agents running autonomously, getting this technology into the wrong hands.

Dan HuggerHOST
What do you make of these, you know, maybe they would be Microsoft old-time fund villages where people could potentially practice the traditional crafts? What do you make of that? This struck me as one of the stranger things in this piece.
