[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"nav-categories":3,"article-monopolies-oligopolies-regulation-collusion-licensing-control-why-ai-won-t-cause-unemployment":70},{"data":4},[5,37,57,64],{"name":6,"slug":7,"categories":8},"Productivity","productivity",[9,13,17,21,25,29,33],{"id":10,"title":11,"slug":12},17,"Branding","branding",{"id":14,"title":15,"slug":16},19,"Marketing","marketing",{"id":18,"title":19,"slug":20},20,"Work","work",{"id":22,"title":23,"slug":24},34,"Community","community",{"id":26,"title":27,"slug":28},21,"For newbies","for-newbies",{"id":30,"title":31,"slug":32},24,"Investment","investment",{"id":34,"title":35,"slug":36},22,"Finance","finance",{"name":38,"slug":39,"categories":40},"Tech","tech",[41,45,49,53],{"id":42,"title":43,"slug":44},28,"Technology","technology",{"id":46,"title":47,"slug":48},32,"Artificial Intelligence","artificial-intelligence",{"id":50,"title":51,"slug":52},26,"Security and protection","security-and-protection",{"id":54,"title":55,"slug":56},31,"YouTube Blog","youtube-blog",{"name":58,"slug":59,"categories":60},"News","news",[61],{"id":62,"title":58,"slug":63},18,"quasanews",{"name":65,"slug":66,"categories":67},"Business","business",[68],{"id":69,"title":65,"slug":66},16,{"post":71,"published_news":95,"popular_news":161,"categories":231},{"title":72,"description":73,"meta_title":72,"meta_description":74,"meta_keywords":75,"text":76,"slug":77,"created_at":78,"publish_at":78,"formatted_created_at":79,"category_id":22,"links":80,"view_type":85,"video_url":86,"views":87,"likes":88,"lang":89,"comments_count":88,"category":90},"Monopolies, Oligopolies, Regulation, Collusion, Licensing, Control: Why AI Won't Cause Unemployment","We are heading into a world where a flat screen TV that covers your entire wall costs $100, and a four year college degree costs $1 million, and nobody has anything even resembling a proposal on how to systemically fix this.","AI is already illegal for most of the economy, and will be for virtually all of the economy","Because technology is already illegal in most of the economy, and that is becoming steadily more true over time.","\u003Cp>\u003Cstrong>Fears of new technology causing widespread unemployment have persisted for centuries in industrialized societies, even as jobs and wages have generally increased. The "jobs apocalypse" always seems imminent; just recall the Luddites.\u003C/strong>\u003C/p>\n\n\u003Cp>\u003Cpicture class=\"image-align-right\">\u003Csource srcset=\"https://cdn.quasa.io/photos/01/image-2025-01-25t180428728.webp\" type=\"image/webp\">\u003Cimg alt=\"Monopolies, Oligopolies, Regulation, Collusion, Licensing, Control: Why AI Won't Cause Unemployment\" class=\"image-align-right\" height=\"225\" src=\"https://cdn.quasa.io/photos/01/image-2025-01-25t180428728.jpg\" width=\"300\" />\u003C/picture>We've seen two significant technology-related job panics in the past two decades: the "outsourcing" scare of the 2000s due to the internet, and the "robot" panic of the 2010s. Yet, pre-COVID 2019 saw one of the best global economies ever, with unprecedented job numbers and wage levels.\u003C/p>\n\n\u003Cp>Now, we're facing a third panic with \u003Ca href=\"https://quasa.io/media/the-ai-hype-is-subsiding-but-costs-are-rising\">AI\u003C/a>, alongside calls for Universal Basic Income inspired by Communist ideologies. Critics argue, "This time it's different; AI is different," but is that really true?\u003C/p>\n\n\u003Cp>Typically, I'd counter with classic arguments against tech-driven unemployment, referencing works like Henry Hazlitt's Chapter 7 or Frédéric Bastiat's relevant metaphors. However, I believe even these arguments might not be necessary because there's a more immediate barrier to AI's widespread adoption.\u003C/p>\n\n\u003Cp class=\"image-align-center\">\u003Cimg alt=\"Monopolies, Oligopolies, Regulation, Collusion, Licensing, Control: Why AI Won't Cause Unemployment\" height=\"432\" src=\"https://cdn.quasa.io/photos/01/gihflnebkaay0q.jfif\" width=\"400\" />\u003C/p>\n\n\u003Cp>\u003Cstrong>\u003Ca href=\"https://quasa.io/media/category/artificial-intelligence\">AI\u003C/a> is already illegal for most economic sectors and likely to become so for nearly all:\u003C/strong>\u003C/p>\n\n\u003Cp>How can I make such a claim? Because technology is already heavily restricted across major parts of the economy, and this trend is intensifying.\u003C/p>\n\n\u003Cp>\u003Cstrong>\u003Cpicture class=\"image-align-left\">\u003Csource srcset=\"https://cdn.quasa.io/photos/01/image-2025-01-25t180314072.webp\" type=\"image/webp\">\u003Cimg alt=\"Monopolies, Oligopolies, Regulation, Collusion, Licensing, Control: Why AI Won't Cause Unemployment\" class=\"image-align-left\" height=\"180\" src=\"https://cdn.quasa.io/photos/01/image-2025-01-25t180314072.jpg\" width=\"240\" />\u003C/picture>Consider the evidence from a chart showing price changes, adjusted for inflation, in various sectors:\u003C/strong>\u003C/p>\n\n\u003Cul>\n\t\u003Cli>\u003Cstrong>Blue lines\u003C/strong> represent sectors where technology drives down prices and improves quality.\u003C/li>\n\t\u003Cli>\u003Cstrong>Red lines\u003C/strong> indicate sectors where technology isn't allowed to reduce prices; instead, costs in education, healthcare, and housing skyrocket, despite little technological advancement.\u003C/li>\n\u003C/ul>\n\n\u003Cp>We're entering an era where a wall-sized flat-screen TV might cost $100, while a four-year college degree could reach $1 million, with no systemic solution in sight.\u003C/p>\n\n\u003Cp>\u003Cstrong>Why?\u003C/strong> \u003Ca href=\"https://x.com/pmarca/status/1883003140989186449\">The sectors in red are heavily regulated, controlled by monopolies, oligopolies, and cartels, with extensive government regulation, regulatory capture, price fixing, and other barriers to innovation\u003C/a>.\u003C/p>\n\n\u003Cp>\u003Cpicture class=\"image-align-right\">\u003Csource srcset=\"https://cdn.quasa.io/photos/01/image-2025-01-25t180312056.webp\" type=\"image/webp\">\u003Cimg alt=\"Monopolies, Oligopolies, Regulation, Collusion, Licensing, Control: Why AI Won't Cause Unemployment\" class=\"image-align-right\" height=\"225\" src=\"https://cdn.quasa.io/photos/01/image-2025-01-25t180312056.jpg\" width=\"300\" />\u003C/picture>In contrast, sectors in blue, which are less regulated, experience rapid technological advancements that lower costs and enhance quality.\u003C/p>\n\n\u003Cp>There's a clear emotional divide: consumers are frustrated by rising prices in regulated sectors, while producers fear technological disruption in less regulated ones. However, as this chart illustrates, you can't have both benefits simultaneously.\u003C/p>\n\n\u003Cp>As regulated sectors' prices rise and unregulated sectors' prices fall, the former increasingly dominate the economy. If this continues, nearly all economic activity will fall under stringent regulation, making widespread AI application and its feared unemployment impact unlikely.\u003C/p>\n\n\u003Chr />\n\u003Cp>\u003Cstrong>Also:\u003C/strong>\u003C/p>\n\n\u003Cp>\u003Ca href=\"https://quasa.io/media/the-ai-hype-is-subsiding-but-costs-are-rising\">The AI Hype is Subsiding, But Costs Are Rising\u003C/a>\u003C/p>\n\n\u003Cp>\u003Ca href=\"https://quasa.io/media/the-cryptocurrencies-meme-coins-and-the-dead-cat-bounce-phenomenon-in-2025\">The Cryptocurrencies, Meme Coins, and the "Dead Cat Bounce" Phenomenon in 2025\u003C/a>\u003C/p>","monopolies-oligopolies-regulation-collusion-licensing-control-why-ai-won-t-cause-unemployment","2025-01-25T17:11:38.000000Z","25.01.2025",{"image":81,"image_webp":82,"thumb":83,"thumb_webp":84},"https://cdn.quasa.io/images/news/GqTBT7amcGfSSB4pYoA4Xvet37jCEr0IgGVgPaPx.jpg","https://cdn.quasa.io/images/news/GqTBT7amcGfSSB4pYoA4Xvet37jCEr0IgGVgPaPx.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/GqTBT7amcGfSSB4pYoA4Xvet37jCEr0IgGVgPaPx.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/GqTBT7amcGfSSB4pYoA4Xvet37jCEr0IgGVgPaPx.webp","large",null,1162,0,"en",{"id":22,"title":23,"slug":24,"meta_title":91,"meta_description":92,"meta_keywords":91,"deleted_at":86,"created_at":93,"updated_at":94,"lang":89},"All the community news from around the world","From heart warming stories to everyday heroes and shocking events, we've got the latest real life stories to keep you 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(formerly Twitter) has been a playground for undisclosed promotions, coordinated spam networks, and “native” advertising that masquerades as organic content.","x-is-finally-cracking-down-on-unlabeled-ads-and-it-s-personal","2026-04-19T15:07:48.000000Z",{"title":65,"slug":66},{"image":130,"image_webp":131,"thumb":132,"thumb_webp":133},"https://cdn.quasa.io/images/news/CQJ1gdssFGyJpfhfmRU2X4WT5fk5Boc8APXsjWX6.jpg","https://cdn.quasa.io/images/news/CQJ1gdssFGyJpfhfmRU2X4WT5fk5Boc8APXsjWX6.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/CQJ1gdssFGyJpfhfmRU2X4WT5fk5Boc8APXsjWX6.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/CQJ1gdssFGyJpfhfmRU2X4WT5fk5Boc8APXsjWX6.webp",65,{"title":136,"description":137,"slug":138,"created_at":139,"publish_at":140,"formatted_created_at":101,"category":141,"links":142,"view_type":108,"video_url":86,"views":147,"likes":88,"lang":89,"comments_count":88,"is_pinned":110},"Bitcoin Developers Propose BIP-361: Quantum-Proof Migration That Would Freeze Millions of Legacy Coins","In a move that could reshape the security of Bitcoin’s unspent transaction outputs forever, Bitcoin developers have introduced BIP-361 — officially titled “Post Quantum Migration and Legacy Signature Sunset.”","bitcoin-developers-propose-bip-361-quantum-proof-migration-that-would-freeze-millions-of-legacy-coins","2026-04-17T11:38:06.000000Z","2026-04-19T11:29:00.000000Z",{"title":43,"slug":44},{"image":143,"image_webp":144,"thumb":145,"thumb_webp":146},"https://cdn.quasa.io/images/news/XW07GuAbFLRaVskP2iUsv0witLmM4GwiSlwMPZpp.jpg","https://cdn.quasa.io/images/news/XW07GuAbFLRaVskP2iUsv0witLmM4GwiSlwMPZpp.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/XW07GuAbFLRaVskP2iUsv0witLmM4GwiSlwMPZpp.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/XW07GuAbFLRaVskP2iUsv0witLmM4GwiSlwMPZpp.webp",84,{"title":149,"description":150,"slug":151,"created_at":152,"publish_at":153,"formatted_created_at":101,"category":154,"links":155,"view_type":108,"video_url":86,"views":160,"likes":88,"lang":89,"comments_count":88,"is_pinned":110},"Thomas Peterffy’s Bold Vision for Prediction Markets: Why Interactive Brokers Is Betting Big on “Useful” Bets","In a wide-ranging conversation on Bloomberg’s Odd Lots podcast, Thomas Peterffy — founder, chairman, and CEO of Interactive Brokers (IBKR) — sat down to discuss one of the most intriguing projects in his company’s 50-year history: IBKR ForecastTrader, the brokerage giant’s freshly launched prediction market 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Enterprisers are people who undertake a business or enterprise with the chance of earning profits or suffering from loss.","the-anatomy-of-an-entrepreneur","2021-08-04T15:18:21.000000Z","2025-12-14T06:09:00.000000Z","14.12.2025",{"title":65,"slug":66},{"image":171,"image_webp":86,"thumb":172,"thumb_webp":172},"https://cdn.quasa.io/images/news/mVsXPTMuHZuI7UXCsENgL1Qwp1uSOf7Rz3uVPMfm.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/mVsXPTMuHZuI7UXCsENgL1Qwp1uSOf7Rz3uVPMfm.webp",70860,2,{"title":176,"description":177,"slug":178,"created_at":179,"publish_at":180,"formatted_created_at":181,"category":182,"links":183,"view_type":85,"video_url":86,"views":188,"likes":189,"lang":89,"comments_count":88,"is_pinned":110},"Advertising on QUASA","QUASA MEDIA is read by more than 400 thousand people a month. We offer to place your article, add a link or order the writing of an article for publication.","advertising-on-quasa","2022-07-06T07:33:02.000000Z","2025-12-15T17:33:02.000000Z","15.12.2025",{"title":58,"slug":63},{"image":184,"image_webp":185,"thumb":186,"thumb_webp":187},"https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp",70625,4,{"title":191,"description":192,"slug":193,"created_at":194,"publish_at":195,"formatted_created_at":196,"category":197,"links":198,"view_type":108,"video_url":86,"views":201,"likes":189,"lang":89,"comments_count":88,"is_pinned":110},"What is a Startup?","A startup is not a new company, not a tech company, nor a new tech company. You can be a new tech company, if your goal is not to grow high and fast; then, you are not a startup. ","what-is-a-startup","2021-08-04T12:05:17.000000Z","2025-12-17T13:02:00.000000Z","17.12.2025",{"title":65,"slug":66},{"image":199,"image_webp":86,"thumb":200,"thumb_webp":200},"https://cdn.quasa.io/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp",68256,{"title":203,"description":204,"slug":205,"created_at":206,"publish_at":207,"formatted_created_at":208,"category":209,"links":210,"view_type":108,"video_url":86,"views":215,"likes":174,"lang":89,"comments_count":216,"is_pinned":110},"Top 5 Tips to Make More Money as a Content Creator","Content creators are one of the most desired job titles right now. Who wouldn’t want to earn a living online?","top-5-tips-to-make-more-money-as-a-content-creator","2022-01-17T17:31:51.000000Z","2026-01-17T11:30:00.000000Z","17.01.2026",{"title":19,"slug":20},{"image":211,"image_webp":212,"thumb":213,"thumb_webp":214},"https://cdn.quasa.io/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg","https://cdn.quasa.io/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.webp",42230,1,{"title":218,"description":219,"slug":220,"created_at":221,"publish_at":222,"formatted_created_at":223,"category":224,"links":225,"view_type":85,"video_url":86,"views":230,"likes":174,"lang":89,"comments_count":88,"is_pinned":110},"8 Logo Design Tips for Small Businesses","Your logo tells the story of your business and the values you stand for.","8-logo-design-tips-for-small-businesses","2021-12-04T21:59:52.000000Z","2025-05-05T03:30:00.000000Z","05.05.2025",{"title":15,"slug":16},{"image":226,"image_webp":227,"thumb":228,"thumb_webp":229},"https://cdn.quasa.io/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg","https://cdn.quasa.io/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.webp",41323,[232,233,234,235,236,237,238,239,240,241,242,243,244],{"title":23,"slug":24},{"title":47,"slug":48},{"title":55,"slug":56},{"title":43,"slug":44},{"title":51,"slug":52},{"title":31,"slug":32},{"title":35,"slug":36},{"title":27,"slug":28},{"title":19,"slug":20},{"title":15,"slug":16},{"title":58,"slug":63},{"title":11,"slug":12},{"title":65,"slug":66}]