The world of the future isn't as far off as it may seem, which is why we pose the question -- how will automation impact investors in the future?

To address this massive question, today’s episode features a deep discussion between myself and Charles Hugh Smith about what it will mean for investors when automation dramatically reduces the number of jobs for humans to do.

Smith is the owner of the Of Two Minds blog where he writes about economic trends. The blog is ranked No. 7 by CNBC as one of the top alternative financial sites on the Web.

Smith has authored eleven books on our economy and society, including Why Our Status Quo Failed and Is Beyond Reform, The Nearly Free University and the Emerging Economy, Get a Job, Build a Real Career and Defy a Bewildering Economy and most recently, A Radically Beneficial World: Automation, Technology and Creating Jobs for All. His work is published on a number of popular financial websites including Zero Hedge, Peak Prosperity and the Keiser Report.

What can investors do now to prepare for economic changes driven by innovation? Is there a clear answer? To find out, tune in to this episode of the Capital Gains podcast.

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