Adam Smith
Showing 1–2 of 2 transcripts.
- Milken Institute39 min
International Security: Innovation, Investment, and Partnerships | Global Conference 2026
David Trulio, Christopher Coons, Eric Schmidt, Adam Smith, Chris Coons
Panelists including Eric Schmidt, Senator Chris Coons, and Representative Adam Smith argue that the war in Ukraine has exposed the critical need for the U.S. to replace expensive, traditional military assets with autonomous drones and AI-driven systems to secure a cost-effective deterrence against adversaries. To overcome entrenched bureaucratic inertia and fiscal constraints, the group advocates for bipartisan legislation like the SPEED Act, expanded co-production with international allies, and a workforce shift toward technical innovation over four-year degrees. These strategic adjustments aim to leverage the agility of private sector competitors against legacy defense primes while ensuring American technological leadership in an era of algorithmic warfare.
- Dwarkesh Patel1h 26m
Alex Tabarrok - Prizes, Prices, and Public Goods
Alex Tabarrok, Tyler Cowen, Bryan Caplan, Robin Hanson, Adam Smith
The speaker advocates for a capable government to rapidly deploy advanced market commitments and prizes for pandemic vaccine development while critiquing congressional inertia that leaves existing statutory tools unused. Addressing broader economic trends, the analysis explains how the Baumol Effect drives rising costs in stagnant sectors like healthcare and education, arguing that AI and unbundled degree models will disrupt traditional instructional economies. To counter innovation stagnation, the presentation calls for shifting national resources from a welfare and military state to an innovation state focused on R&D, urging young professionals to specialize in high-skill areas that complement rather than compete with technological advancement.