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In today's episode, Noah Smith and Erik Torenberg tackle pressing listener questions focused on the economic impact of AI, software, immigration, and more. They also cover the potential for economic development in poor countries and the evolving nature of industrial policy in the US and China.\n\n\U0001f525 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj\n-\n\nRECOMMENDED PODCASTS:\n\U0001f399\ufe0f1 to 100 | Hypergrowth Companies Worth Joining\nEvery week we sit down with the founder of a hyper-growth company you should consider joining. Our goal is to give you the inside story behind breakout, early stage companies potentially worth betting your career on. This season, discover how the founders of Modal Labs, Clay, Mercor, and more built their products, cultures, and companies.\nSpotify:https://open.spotify.com/show/70NOWtWDY995C8qDqojxGw\nApple: https://podcasts.apple.com/podcast/id1762756034\n-\n\U0001f399\ufe0f History 102 with WhatifAltHist\nEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.\nSubscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm\nApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913\nYouTube: https://www.youtube.com/@History102-qg5oj\n--\nSPONSORS: BABBEL | WORKOS\n\n\U0001f310 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/econ102\n\n\U0001f6e0\ufe0f Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at https://bit.ly/WorkOS-Turpentine\n\n--\nSEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co\n--\nLINKS:\n\nNoahpinion: https://www.noahpinion.blog/\n\n_\nTIMESTAMPS:\n(00:00) Intro\n(00:32) Economic development in poor countries\n(05:31) Role of Foreign Aid\n(08:03) Universal Basic Income and parenting\n(11:47) Software and inequality\n(21:50) Impact of AI on employment\n(25:55) Sponsors: Babbel | WorkOS\n(28:22) Existing AI capabilities\n(36:06) Immigration impacts\n(44:35) Shifting progressive economic policies\n(54:12) China's industrial policy vs. US\n(01:00:59) Wrap