Nasdaq CEO Greifeld: Tech's 'Profound' Change on Jobs

The transcript discusses the evolution of technology, highlighting the rapid changes since 1979 and the importance of preparing for future advancements. It emphasizes the impact of machine intelligence and big data on employment, comparing it to the industrial revolution. The conversation touches on globalization, job displacement, and the role of technology in these changes. The future of jobs is explored, considering the integration of advanced technology like self-driving cars. The discussion concludes with the high-tech job market's challenges, including worker shortages and the need for smart immigration policies.

What is emphasized as crucial for staying competitive in the technology sector?

• Having a strong marketing team

• Investing in traditional manufacturing

• Maintaining a product pipeline in production, development, and research

• Focusing solely on research

What is the potential impact of machine intelligence and big data on employment?

• It will have no significant impact

• It will create more manual jobs

• It will change the employment profile profoundly

• It will only affect the technology sector

What is a major factor contributing to job displacement according to the discussion?

• Globalization

• Lack of education

• Government policies

• Technological advancements

What challenge is highlighted in integrating advanced technology with job creation?

• Shortage of skilled workers

• Overabundance of jobs

• Decline in technological innovation

• Lack of interest in technology

What policy is suggested to address the shortage of skilled workers in high-tech fields?

• Increasing taxes on technology companies

• Reducing investment in education

• Focusing on traditional industries

• Implementing smart immigration strategies