Roubini (known as Dr. Doom for predicting the financial crisis), has more recently become Dr. Boom for his view that a tech-driven renaissance for the U.S. economy will ultimately lead to 8% GDP growth. “I’m a contrarian,” he said, noting that technological drivers of innovation working in America’s favor right may also create job losses that may necessitate a universal basic income.
Rubenstein talked about this country’s mounting debt and the strength of the dollar, while being bullish on the European defense sector and the longevity economy. “In the future, we’re not going to measure people’s wealth by how much money they have.” Rather, he said, wealth will be measured by the length and health of one’s life. “In 10 or 20 years, we will be able to tell you how long you’re likely to live,” he said.
