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Eswar Prasad

๐Ÿ‘ค Speaker
373 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

So they go to emergency rooms rather than getting routine care.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

The safety net really doesn't work for a significant share of the population.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

And this is where I think the sense of unfairness comes into play because the government is, you know, reducing the tax burden on wealthier families, many of which do pay.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

a significant amount of taxes, at least in absolute terms.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

But at the same time, it is fraying the social safety net.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

And measures we've seen taken over the last year or so have hurt the economically disadvantaged the most.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

You know, there are inner city schools which are starved of resources.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

There are, you know, homes in these neighborhoods where violence is sort of the norm for the kids.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

So if you think about the kids in this country, you know, it is by many measures the richest country in the world, maybe not per capita, but in terms of aggregate income.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

And we're just not taking care of those who are left out of all of the good things that we are seeing around us.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

And this is the unfortunate reality.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

This is an incredibly dynamic situation.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

rich economy that is generating enormous resources, that is leading the world in many ways.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

But if you go into the inner cities in any part of the US, it's a very different world out there.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

Do you expect that AI will improve this situation or make it worse?

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

So I do have a discussion of technology in my book, Ed.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

And as I mentioned, in the cheerful version of the book, I had thoughts about what forces would take us to a better place.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

And I'm a technology optimist.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

I mean, AI is doing wonderful things.

Prof G Markets
The World Is In a Doom Loop โ€” ft. Eswar Prasad

In the chapter on technologies, I also talk about digital currencies and social media, which have enormous power to bring us together.