Jason Furman: belief

Transcript context

…What do you think is the promising future direction for fintech? I think that’s a great place where more competition and more choices. I’m fine with the big tech companies entering it. I think that would be a good thing. But as long as we put some of the rules in place up front, I’d love to see some smaller ones. And just the fact that payments aren’t simple and free for anyone anywhere in the world between anyone else and anyone else in the world, to me seems like the lowest-hanging fruit for billions of people, and something that we should fully be able to solve in the near future. Our last conversation was with Reid Hoffman. He suggested that higher ed in the US now is operating maybe at 30 percent of possible capacity or effectiveness, and I think he meant the good schools, not the community college gone wrong or something. What’s your response to that? And what improvement do you think we should make, if any?…

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