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Jean Luo

๐Ÿ‘ค Speaker
1184 total appearances

Appearances Over Time

Podcast Appearances

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

It really just started out as a journey to learn and to...

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

begin to put the pieces together.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

My general concern is, as a society, we are not spending any time talking about our long-term success.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

In fact, if you look at all of the ways that our government makes decisions, almost all of them are inherently short-term.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

If you look at, for example, the budget that Congress approves, our budget window is a 10-year budget window.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

What's really interesting about that is that any meaningful long-term investment, and the most obvious one is investments in young people, look negative in 10 years.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

If you make an investment today in healthcare for young people, preschool for young people, food for young people, putting a roof over young people's head if they don't have one,

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

over 30 years, the returns on those investments are so profitable.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

I mean, there's no more profitable investment really that our government could make than in young people.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

But when you look at those same investments over a 10-year time horizon, they look terrible.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

They look super negative.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

You're spending all this money to educate young people or to feed them or to provide them health care, and you're not yet seeing it show up in earnings later on.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

And so we're just constantly making these terrible decisions where we're

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

you know, distributing a huge amount of money to older folks in America, which is not necessarily the wrong thing to do.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

The problem is that we're just not distributing a lot of resources to young people.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

And that means as a result that we're just shortchanging our future every single day.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

And so to me, what I what really drew me to this was the realization that, like, I'm just not hearing leaders talk about the next 100 years, what we need to do differently to set America up for success over a longer time horizon.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

And unfortunately, the government is best positioned to invest long term.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

Right.

Tiger Sisters
Snapchat CEO Evan Spiegel: Creativity, Love, and the Future of Tech

That's what's so surprising and frustrating about the whole thing.