Nasdaq's Greifeld on Tech, Trump, Regulations

The transcript discusses the evolution of technology, emphasizing the rapid changes since 1979 and the need for continuous adaptation. It highlights 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 shifts. It also explores the balance between job creation and technological advancement, the effects of deregulation on the tech industry, and the role of technology in market making. Finally, it considers the implications of Brexit on global financial markets.

What is a key strategy for staying competitive in the rapidly changing tech industry?

• Focusing solely on product research

• Ignoring technological changes

• Maintaining a balanced product pipeline

• Investing only in production

What major shift is compared to the industrial revolution in terms of its impact on employment?

• The advent of machine intelligence and big data

• The growth of social media

• The rise of digital marketing

• The decline of traditional manufacturing

What is a significant challenge when trying to combine advanced technology with traditional job creation?

• Over-reliance on manual labor

• Balancing job creation with technological advancement

• Lack of interest in technology

• Ignoring infrastructure development

What is a clear example of technology that could change the nature of jobs?

• Electric bicycles

• Self-driving cars

• 3D printing

• Smartphones

What is one of the benefits of technology in market transactions?

• Higher barriers to entry

• Reduced friction costs

• Decreased market efficiency

• Increased transaction costs

What is a key factor that distinguishes U.S. market making from Europe?

• Higher transaction costs

• Manual trading processes

• Quality listing standards

• Lack of technology

What is the expected outcome of refining regulations like Dodd Frank?

• Improved market efficiency

• Higher compliance costs

• Increased market instability

• Complete deregulation