Wall Street Week: AI's Economic Impact, Rare Earth Race, and the College Enrollment Cliff

This edition of Wall Street Week examines the far-reaching effects of artificial intelligence on the economy, education, and national security. National Economic Council Director Kevin Hassett suggests that AI's productivity gains may be significantly larger than current official data reflect, indicating potential underestimation of its economic impact. The episode also explores the ethical implications of AI, with companies acknowledging the need for guardrails. Interestingly, these challenges could create new opportunities for liberal arts education, as critical thinking and ethics become more valuable. Additionally, America's efforts to rebuild a critical minerals supply chain after decades of Chinese dominance are discussed, highlighting the strategic importance of rare earth elements. Finally, the show addresses the looming college enrollment cliff, as America's shrinking college-age population forces universities to adapt. Through expert interviews and in-depth analysis, Wall Street Week provides a comprehensive look at the trends reshaping the global landscape.