The Econoclasts The Econoclasts

The AI extinction myth & Europe’s tech collapse

Sep 15, 2026 · 45m

Summary

Yanis Varoufakis and Wolfgang Streeck argue that AI CEOs are faking safety concerns to secure regulatory capture and crush competition. They contrast the US closed-source model with China’s open-source, robotics-focused approach, which they believe will dominate. The hosts contend Europe is strategically failing by clinging to outdated data privacy laws and missing the chance to leverage AI for industrial productivity.

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