Cathie Wood: Next Big Risk Is Deflation

The video discusses the economic impact of COVID-19, focusing on deflation versus inflation. It highlights historical inflation experiences and the role of technological innovation in driving deflation. The speaker emphasizes the challenges companies face in adapting to rapid innovation and the potential for job displacement due to automation. Despite fears, the speaker predicts significant GDP growth driven by increased productivity from automation and AI.

What is the speaker's perspective on the relationship between productivity increases and wealth creation?

What does the speaker predict about the GDP of the United States by 2035?

How does the speaker suggest parents should prepare their children for future changes in the job market?