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Brad DeLong

Showing 1–2 of 2 transcripts.

  1. Milken Institute57 min

    Globalization in the Crosshairs

    Gillian Tett, Steven Ciobo, J. Bradford DeLong, John Hagel, Alejandro Ramirez Magaña, Stephen Schwarzman, Brad DeLong

    Prominent economists and business leaders debated the global shift toward bilateral trade agreements and protectionism, with experts like Steve Schwarzman and Steve Chaubeau arguing that current friction serves as a catalyst for necessary systemic adaptation despite the risks of complex regulatory environments. While panelists such as Alejandro Ramirez and John Hagel highlighted immediate vulnerabilities in North American supply chains and declining corporate returns, the group largely agreed that unilateral tariff reductions in countries like Australia have historically driven superior growth compared to protectionist policies. Ultimately, the consensus leaned toward viewing the present era as a cyclical correction that could reset global trade baselines, though economist Brad DeLong warned that secular stagnation and automation might entrench these barriers longer than anticipated.

  2. Milken Institute1h 1m

    Technology and Jobs: Should Workers Worry?

    Josh Barrow, Brad DeLong, Amy Webb, Gerald Huff, Jeremy Howard, Jonathan Zittrain

    Brad DeLong, Amy Webb, Jeremy Howard, and Gerald Huff analyze the impact of automation on the labor market, arguing that current unemployment stems from macroeconomic mismanagement rather than robot displacement, even as AI rapidly outperforms humans in cognitive and manual sectors. While experts identify specific industries like banking, legal services, and manufacturing as vulnerable to disruption, data shows that the vast majority of economic activity remains in traditional service roles that are difficult to automate. The panel concludes that without proactive policy shifts toward solutions like universal basic income or reduced work hours, society risks a dystopian concentration of wealth as the traditional link between labor scarcity and income distribution breaks down.