Joe Lonsdale clashes with CNBC hosts: AI makes the 2030s a disinflation decade
elonmusk · x · 2026-09-23
Elon Musk retweeted a CNBC clip in which investor Joe Lonsdale debates AI and wealth inequality with the show's hosts.
Lonsdale argues the 2030s will be a "disinflation decade" where AI-driven productivity gains broadly enrich ordinary people, citing the Second Industrial Revolution (1870-1900), when working-class Americans doubled their real wealth within a generation.
Host Joe Kernen pushed back that only the wealthy have been getting wealthier, while Andrew Ross Sorkin framed the other fault line: slow everything down to avoid catastrophe, or go full steam ahead no matter what. Lonsdale quipped that the alternative is companies going bankrupt first.
The exchange distills the core Silicon Valley-vs-media argument over AI risk and wealth distribution.
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