The $100 Trillion Question: What Happens When AI Replaces Every Job?

The economic revolution is coming faster than you think. Anton Korinek, professor of economics at the University of Virginia and a leading AI economist, reveals why artificial general intelligence could arrive in just 2-5 years—and why our entire economic system will collapse without radical changes. This isn't science fiction anymore. KEY REVELATIONS: – Why planning beyond 2-3 years is now "almost impossible" – The exact moment when human workers become "easily substitutable" – Why universal basic income isn't radical—it's inevitable – How governments are dangerously unprepared for what's coming "It's completely unpredictable what the world will look like in a couple years down the road," says Korinek – and that's from someone who studies this for a living. Whether you're a CEO, employee, or student—this affects your future. The question isn't IF this will happen, but WHEN you'll be ready. Timestamps 00:00 - The urgent warning 01:05 - The economics of AGI 01:30 - "We are so close" 02:13 - Are we already there? 02:42 - Tracking the impossible 03:50 - The end of five-year plans 05:15 – The invisible economic impact 05:59 - The great disruption 06:50 - Universal basic income: From radical to inevitable 08:12 - The substitution effect 09:19 - From Sci-Fi to boardroom reality 11:00 - Education in the age of AI 11:37 - Political destabilization risk 12:32 - The competition paradox 14:19 - The global AI arms race 14:42 - When governments need to act 15:35 - The specific dangers 16:04 - The cooperation imperative Find more BiGS research on AI regulation: https://www.hbs.edu/bigs/ethical-ai