James Manyika

One could consider ideas like UBI.

I mean, we can come back and talk about UBI

I kind of have mixed views about UBI.

What I like about it is the fact that it's at least a recognition that we have a wage problem, that people don't earn enough to live, right?

So I like it in that sense.

Now, the complication with it, in my view, is that while, of course, one of the primary things that work does for you, for the vast majority of people, that's how they derive their livelihood, their income.

So it's important.

But work also does other things, right?

It's a way to socialize.

It's a way to give purpose and meaning, et cetera.

So I think UBI may solve the income part of that, which is an important part of that.

You may not address the other pieces of

the other things that worked out.

But we have to solve the wage problem.

I think we also have to solve this geographic concentration problem.

We did some work where we looked at all the counties in America, right?

So at the time that we did this, because the definition of what's a county in America kind of changes a little bit year from year.

But at the time that we did this work, which was back in 2019, I think we looked at something like 3,149 counties across America.

And what we're looking at there was a range of factors about economic investment, economic vibrancy, jobs, wage growth.

We looked at like 40 different variables in each county.