In the process, he debunks mainstream economists' lies that AI will definitely increase wages, and explains how the Industrial Revolution in Europe (the classic example for how technology improves living standards), actually:
- didn't increase living standards in Europe for 200 years until after WW2 (and even then only due to militant labor organizing)
- required colonialism and imperialism abroad in the Global South, reducing their living standards until even today
I've found Gary's Economics to be an amazing stepping-stone channel to introduce liberals to leftist economics. He basically uses Marxist economics but never explicitly says so, making his points very palatable to libs.