Smash Notes

How Is Our Economy Going to Change Post Pandemic

at 10:42

From the episode: Mark Cuban on His Relationship to Wealth and Risk and Why Silicon Valley Investors Are Like Old Hollywood

Answer

On one hand, when people come out of the lockdown, if they see something new and something different, something exciting, they're going to buy it. There's gonna be some amazing world class companies created in this time.

Digital meetings and remote healthcare are going to accelerate. Robotics and AI are going to accelerate to compete with overseas overfacturing, ...etc.

On the other hand, this doesn't necessarily change the macro economics. The trends that have negatively impacted businesses are going to get worse..

Retail was already struggling with its back against the wall because of digital sales, the Amazons and Walmarts, ...etc. That's going to get worse.

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