Diane Brady's CEO Daily outlines key insights from conversations with economist Nouriel Roubini, Carlyle's David Rubenstein, and Kraken's Arjun Sethi regarding future wealth. Roubini posits a potential 8% GDP growth driven by technology, despite possible job losses. Rubenstein suggests that wealth metrics will evolve towards life expectancy and health rather than monetary wealth. Sethi discusses the challenges of regulatory environments in the U.S. compared to China, affecting innovation speed. Overall, a blend of technological advancements and social challenges will shape economic futures.
Roubini declared that while tech could enhance the U.S. economy's growth to 8% GDP, it may also lead to job losses requiring a universal basic income.
Rubenstein anticipates that future wealth will be defined not by monetary assets but by life expectancy and health metrics, shifting perspectives on prosperity.
Sethi emphasized the speed of innovation in China compared to the U.S., highlighting regulatory challenges that hamper faster deployment in American markets.
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