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Ed Elson

πŸ‘€ Speaker
12676 total appearances
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Podcast Appearances

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

Yeah.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

So you mentioned quantum, biotech, life sciences, all these fascinating technologies.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

You didn't mention AI.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

And AI is, that is, you know, the multi-trillion dollar prize.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

But as we are increasingly seeing, it is becoming increasingly unpopular in America.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

And here in Illinois, this is one of the, has one of the highest numbers of data centers in the state.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

And increasingly what we're seeing is a lot of people have decided we actually don't like data centers.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

We actually don't like AI.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

They are protesting against it.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

As governor, how do you think about AI?

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

How do you adopt the technology such that you can generate prosperity and productivity while at the same time recognize that a lot of people are not fans of this technology?

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

They don't even want it here.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

We agree on that.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

I just want to ask you about housing.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

So you recently had a proposed bill called the Build Plan.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

And the idea was to bring down housing prices by essentially giving the state the power to override these local zoning policies, if I'm getting that right.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

And the bill didn't pass.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

And I look at that, to me, that's a great plan to reduce the cost of housing in America.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

We've talked about this a lot.

Prof G Markets
JB Pritzker on the Fight Over AI, Housing, and Taxes

Econ 101, you need to increase the supply if you want to get prices down.