Justin Wolfers
๐ค SpeakerAppearances Over Time
Podcast Appearances
That's not going to show up in next quarter's GDP.
What that's going to show up as is in a decade's time, there'll be some companies that were never founded.
There were some entrepreneurs who couldn't afford to go to business school.
There were immigrants with great ideas who ended up staying in their home countries instead.
And so whatever the next generation's Google or open AI is,
it may not end up being invented or it may not happen on our soil.
And we will never see that absence, but our kids will feel it.
Our kids will feel it instead of lost opportunities.
There'll be...
Businesses, they never started.
There'll be job opportunities.
There'll be new technologies.
There'll be ways of creating a greener, safer, more prosperous future that simply aren't possible, but we're not going to see it straight away.
And that I think is our current media is not well set up to talk about those issues because there's no number comes out.
There's no news cycle.
There's no Wall Street Journal headline.
But it turns out economic research tells us that's the stuff that matters.
Would you believe me if I told you I was coming to you live from Greenland?
It's as cold as Greenland, mate.
And we have been taken over by federal authority as well.