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Can AI boost living standards like the Industrial Revolution did—or will it be humanity’s last invention? Andrew Leigh is an economist, Australian MP and author of ‘The Shortest History of Economics’ (https://amzn.eu/d/1mW1Zrl). 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-a... 🎉 Sponsors Vanta - Get your company secure and compliant: https://vanta.com/makingmoney Tide - Get up to 4% AER (variable) on your business savings. Use this link https://www.tide.co/offers/makingmoney or the code 'MAKINGMONEY'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. The more you save, the higher the rate—up to 4% AER (variable) on balances over £1M. New Tide members receive these rates free for 6 months, then your Tide plan’s savings rate and thresholds apply. Visit https://tide.co/savings for full terms and conditions. - If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00 - From 58 hours of work to 2 seconds 04:41 - How tariffs stunt growth 09:40 - Living standards don’t always grow 13:07 - Vanta ad 14:26 - Is AI the last human invention? 22:08 - Will AI end education? 25:44 - Tide ad 27:15 - Why inequality is increasing 31:26 - How luck built nations 35:28 - Is China back on top? 42:26 - Has Australia sorted pensions? 48:20 - Money actually does buy happiness