Smash Notes

Why Didn't Keynes's 15-hour Week Happen?

at 20:45

From the episode: Jensen Huang | Does AI Revenue Justify Capex, '27 AI Bottlenecks, Singularity, Open vs Closed & more

Answer

Jensen Huang says the hope of more free time is wrong. For most people, intelligence unlocks more opportunities, and ambitious people will pursue them. A father, a son, a husband, a wife, and a mother want more for their families. They have lacked the opportunity, and intelligence opens it.

In 1930, Keynes predicted that in 100 years the economy would grow 8 times and the work week would fall to 15 hours. The economy did grow 8 times, with massive abundance and productivity gains from the Industrial Revolution. The work week never fell to 15 hours.

Keynes got the human spirit wrong. Jensen Huang says work is purpose and discovery is purpose. He thinks both are deeply encoded in human DNA. He is working harder than he ever has and having more fun than he ever has. His grandparents worked because they had to. He works because he wants to.

Grokipedia·Jensen Huang·Industrial Revolution

Where this answer comes from

People

On this episode

More answers like this

More with Jensen Huang

Related episodes

Plays from this note through the rest of the episode.

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.