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00:28 —The Wall Street Journal reported that renowned economist Charles Goodhart says the reason inflation has been low is because there’s been an influx of young, relatively low-priced workers coming into the economy around the world.
00:46 — Goodhart predicts the demographics are changing. He also believes the number of available workers will decline, creating competition over the next decades and driving inflation beyond what we have ever seen.
01:00 — Although this prediction is possible, it doesn’t consider the number of advancements that have been made over the past several decades, such as the deployment of robotics and the development of AI.
02:10 — While economist Charles Goodhart could be right, C-Suites and Boards need to consider how they’re investing in the capability to deliver their products and services by leveraging technology.
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