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Intelligence Squared

Gillian Tett on the Year Ahead

Nov 1, 2023
01:14:16
Snipd AI
Gillian Tett, an economist, columnist, and author, discusses the potential implications of a second Trump presidency on the global economy. The podcast also explores topics such as the challenges and volatility in western economies, the relationship between government and business in AI, and innovations in clean energy. Tett emphasizes the need to reconsider traditional economic analysis and discusses cultural factors contributing to the preference for robots over immigrants in Japan.
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Quick takeaways

  • Incorporating environmental factors and the impact of climate change is crucial for a comprehensive understanding of economics.
  • Regulating artificial intelligence in finance is essential, but the lack of understanding among governments and regulators poses risks.

Deep dives

Embracing behavioral economics and expanding the economic lens

The economic profession has made progress in embracing behavioral economics, which takes into account the influence of psychology, culture, and sociology on economic behavior. This shift has contributed to a wider understanding of how markets and economies function. However, more needs to be done to incorporate environmental factors and the impact of climate change into economic thinking.

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