Benjamin Netanyahu
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The questions I don't have an answer to is, where does it go? How much does it eat, chew up on jobs? There's an assumption that I'm not sure is true, that all previous, the two big previous revolutions in the human condition, namely the agricultural revolution and the industrial revolution, definitely produced more jobs than they consumed, okay? That is not obvious to me at all.
The questions I don't have an answer to is, where does it go? How much does it eat, chew up on jobs? There's an assumption that I'm not sure is true, that all previous, the two big previous revolutions in the human condition, namely the agricultural revolution and the industrial revolution, definitely produced more jobs than they consumed, okay? That is not obvious to me at all.
The questions I don't have an answer to is, where does it go? How much does it eat, chew up on jobs? There's an assumption that I'm not sure is true, that all previous, the two big previous revolutions in the human condition, namely the agricultural revolution and the industrial revolution, definitely produced more jobs than they consumed, okay? That is not obvious to me at all.
I mean, I could see new jobs creating, and yes, I have that comforting statement, but it's not quite true because I think on balance, they'll probably consume more jobs, many more jobs than they'll create. At least in the short term. And we don't know about the long term.
I mean, I could see new jobs creating, and yes, I have that comforting statement, but it's not quite true because I think on balance, they'll probably consume more jobs, many more jobs than they'll create. At least in the short term. And we don't know about the long term.
I mean, I could see new jobs creating, and yes, I have that comforting statement, but it's not quite true because I think on balance, they'll probably consume more jobs, many more jobs than they'll create. At least in the short term. And we don't know about the long term.
I don't know about the long term, but I used to have the comfort, being a free market guy, I always said, you know, we're going to produce more jobs than, you know, by, I don't know, limiting certain government jobs. We're actually putting out in the market, we'll create more jobs, which obviously happened. We had one telecom company, a government company.
I don't know about the long term, but I used to have the comfort, being a free market guy, I always said, you know, we're going to produce more jobs than, you know, by, I don't know, limiting certain government jobs. We're actually putting out in the market, we'll create more jobs, which obviously happened. We had one telecom company, a government company.
I don't know about the long term, but I used to have the comfort, being a free market guy, I always said, you know, we're going to produce more jobs than, you know, by, I don't know, limiting certain government jobs. We're actually putting out in the market, we'll create more jobs, which obviously happened. We had one telecom company, a government company.
When I said we're going to create competition, they said, you're going to run us out. We're not going to have more workers. Yeah, they had 13,000 workers. They went down to seven, but we created another 40,000 in the other companies. So that was a comforting thought. I always knew that was true.
When I said we're going to create competition, they said, you're going to run us out. We're not going to have more workers. Yeah, they had 13,000 workers. They went down to seven, but we created another 40,000 in the other companies. So that was a comforting thought. I always knew that was true.
When I said we're going to create competition, they said, you're going to run us out. We're not going to have more workers. Yeah, they had 13,000 workers. They went down to seven, but we created another 40,000 in the other companies. So that was a comforting thought. I always knew that was true.
Not only that, I also knew that wealth would spread by opening up the markets completely opposite to the economy. socialist and semi-socialist creed that they had here. They said, you're going to make the rich richer and the poor, poor, no, and made everyone richer.
Not only that, I also knew that wealth would spread by opening up the markets completely opposite to the economy. socialist and semi-socialist creed that they had here. They said, you're going to make the rich richer and the poor, poor, no, and made everyone richer.
Not only that, I also knew that wealth would spread by opening up the markets completely opposite to the economy. socialist and semi-socialist creed that they had here. They said, you're going to make the rich richer and the poor, poor, no, and made everyone richer.
And actually, the people who entered the job market because of the reforms we did actually became a lot richer on the lower ladders of the socioeconomic measure. But here's the point. I don't know. I don't know that we will not have what Elon Musk calls the end of scarcity. So you'll have the end of scarcity. You'll have enormous productivity. Very few people are producing enormous added value.
And actually, the people who entered the job market because of the reforms we did actually became a lot richer on the lower ladders of the socioeconomic measure. But here's the point. I don't know. I don't know that we will not have what Elon Musk calls the end of scarcity. So you'll have the end of scarcity. You'll have enormous productivity. Very few people are producing enormous added value.
And actually, the people who entered the job market because of the reforms we did actually became a lot richer on the lower ladders of the socioeconomic measure. But here's the point. I don't know. I don't know that we will not have what Elon Musk calls the end of scarcity. So you'll have the end of scarcity. You'll have enormous productivity. Very few people are producing enormous added value.
You're gonna have to tax that to pass it to the others. You're gonna have to do that. That's a political question. I'm not sure how we answer that. What if you tax and somebody else doesn't tax, you're gonna get everybody to go there. That's an issue, an international issue that we constantly have to deal with. And the second question you have is,
You're gonna have to tax that to pass it to the others. You're gonna have to do that. That's a political question. I'm not sure how we answer that. What if you tax and somebody else doesn't tax, you're gonna get everybody to go there. That's an issue, an international issue that we constantly have to deal with. And the second question you have is,