Eric Schmidt

Don't screw it up, guys.

That's what I want to work on.

Elon is a good friend and he's addressing this issue of population directly himself.

One metric of the success of a society is its ability to reproduce.

And so I think this is a legitimate concern of the West.

It's much worse in Asia.

The Chinese number is about 1.0 for two parents.

In Korea, it's now down to 0.78 for two.

So it's really important to recognize that we as humans are collectively choosing to depopulate and the numbers are staggering, right?

And imagine a situation where instead of having growth, you have shrinkage and furthermore, they're getting older.

And so as a business, all of a sudden your revenue is declining and there's nothing you can do because you can't innovate with fewer and fewer customers.

So if you just put it in a business context, ignoring the moral issues, which are all very real, it's just bad, right?

So we have to solve that problem.

I happen to be in favor broadly of immigration because I think immigration helps us solve that problem, but as a global mechanism, we have to address that.

In any case, from my perspective, you're going to have these issues, but America is organized around the concept of American exceptionalism.

And as long as we understand that the way we make progress is we invest in the right people, in the right businesses, we have a strong capital market, we invest in the infrastructure that they need, we'll be fine.

That is my actual opinion.

So first place, the speech that the president delivered about a month ago about AI strategy, which I think you probably wouldn't say it, but you kind of wrote it for him, was exactly right, right?

So thank you.

Yes.