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Technology has always displaced jobs, but the danger this time is that the speed of AI-driven job destruction is outpacing the creation of new jobs and society's ability to retrain workers, exemplified by a 50-something truck driver whose livelihood vanishes to automation.

Fogel says the historical pattern of tech destroying and creating jobs still holds, but this time the mismatch in speed between job loss and new job creation — illustrated by an automated-out-of-work truck driver — is a real societal concern with no clear retraining solution. ✦ AI generated

Glenn Fogel · No Priors · 2026-07-09 · original ↗

starts at this moment · 36:22

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There's this claim jobs apocalypse and all these other things coming, would love to hear your views on that and how you think about that.

The typical person I think about is a 50some year old truck driver, and when the person who was making a very nice living and felt very good about himself because he or she is driving an 18-wheeler across the US... and now all of a sudden that's completely automated. You're out of the job. What are we going to do, how are we going to retrain that person?

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36:22person I think about is a 50some year old truck driver >> and when the person who was making a very nice living and felt very good about himself because he or she is driving an 18-wheeler across the US and feeling responsible helping contribute good job and now a suen that's completely automated. >> You're out of the job. >> What are we going to how are we going to

36:46retrain that pro? What is that person? That person's going to feel really bad. And we've seen in society how these type of force dislocations have caused problems in the past. When you look at that >> and I I I'm concerned that there's not enough thought being done about how are we going to deal with these changes if they happen too quickly or not. >> Societies hold absolutely it's always

37:09benefit for technology and creating be able to do more things but we have to how are we going to deal with the flip side the cost that come with it. Do you have a do you have a specific viewpoint or proposal in terms of what we should be doing there? >> Well, I'll tell you one thing that we do here at our company. One thing that we're always doing is trying to upskill

37:27people. I am I'd say every day I'm talking with my head of C my CH overhead of you. How can we do the best training? How can we get people so they are ready for the future? How do we get them so they are become AI literate? It's probably a word that mean I don't that AI be able to do AI and that's really important because even if we end up that

37:48we can't replace or retrain or put someone else at least they are better skilled for a job somewhere else and I feel a real obligation for that. Now that's that's our point of view. I think everybody should be thinking that way too. It's good for our company. It's a positive on our life for somebody to be able to use new tools in a better way. They're more productive. That's great.

38:08It's good. But it also helps them for their career. Now sometimes I could see somebody in short term saying I don't want to spend the money for that and it's not the right way to think about it. Now we could have governments coming in with certain types of programs trying to come up with ways but retraining by governments over the last 50 years really hasn't worked out so well. So I'm

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