Elon Musk shoots down ‘wrong-headed economic thinking,’ says there’s ‘infinite potential’ for job creation.
“The ‘fixed pie’ fallacy is at the heart of much wrong-headed economic thinking. There is essentially infinite potential for job and company creation. Think of all the things that didn’t exist 20 or 30 years ago!” Musk declared in a submit on X.
Musk’s remark was in response to a submit from entrepreneur Joe Lonsdale who had talked about Sriram Krishnan — who President-elect Trump just lately tapped for a job in his upcoming administration.
Final month, Krishnan advocated for lifting a cap on inexperienced playing cards when replying to a submit of Musk’s concerning the Division of Authorities Effectivity (DOGE), a brand new physique that Musk will lead alongside businessman Vivek Ramaswamy.
“Anything to remove country caps for green cards / unlock skilled immigration would be huge,” Krishnan wrote.
In one other submit, Krishnan added, “simple logic – we need the best, regardless of where they happen to be born (another bizarre quirk – the country cap is where you were born, not even citizenship).”
David Sacks, who Trump tapped for White Home AI and cryptocurrency czar, mentioned Krishnan’s view in a submit this week.
“Sriram still supports skills-based criteria for receiving a green card, not making the program unlimited. In fact, he wants to make the program entirely merit-based,” Sacks wrote in a part of his submit.
“Makes sense,” Musk replied.
Trump introduced this month that Krishnan is his decide for senior coverage adviser for synthetic intelligence on the White Home Workplace of Science and Know-how Coverage.
“Working closely with David Sacks, Sriram will focus on ensuring continued American leadership in A.I., and help shape and coordinate A.I. policy across Government, including working with the President’s Council of Advisors on Science and Technology,” Trump famous in a submit on Reality Social.
