Andreessen: Non-tech sectors will consume GDP and absorb almost all future jobs
Marc Andreessen · a16z Podcast | From Jobs to Flying Cars · Jan 2, 2019 · at 9:44
a16z co-founder Marc Andreessen presents a macroeconomic model of price divergence and job market shifting during a live interview with Dan Primack.
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“The kicker to the whole thing is if you have, the sectors where prices are crashing by definition, right, are shrinking as a percentage of the economy, and the sectors where prices are rising are growing as a percentage of the economy, and so what's actually happening is the sectors where tech is not having a big impact are growing and will eventually be the entire economy, right? So TBs are going to cost 10 dollars, and healthcare is going to cost a million dollars. Like, this is where this is all headed, right? And so as a consequence, jobs, the answer is we're all going to be employed in healthcare and education.”
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