Uploaded May 2022 | Updated September 2026, 2 weeks ago

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First desmos model: desmos.com/calculator/kx4oayayil
Second desmos model: desmos.com/calculator/hgvmbue9ct

00:00 Layoffs
06:23 The setup
09:08 Getting bogged down in the modern controversies
20:06 The falling demand for labor
24:59 When is the demand for labor negative?
32:36 Acceleration
40:10 Modelling technological change over time
51:27 First model: constant technological change
1:13:27 Looking at the first model in desmos
1:26:42 The second model: declining technological change
1:40:18 Looking at the second model in desmos