What podcasts say about Dominik A. Leusder
Every statement, with the speaker, the exact quote and the moment it was said.
What Dominik A. Leusder has said on podcasts
29 statements · 6 positive · 17 negative · 6 neutral
European consumers benefited from lower technology prices despite foreign innovation.
“It seems that consumers have pocketed the welfare nonetheless with lower prices for tech goods and services”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 6:51
Europe probably will not create a frontier AI model soon.
“I think it's probably true that Europe will not be able to create a frontier model anytime soon.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 7:11
Europe should not try to create a frontier AI model.
“I think it's a good case that it shouldn't try to do so”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 7:19
Europe should prioritize technological sovereignty over frontier-model development.
“it should instead focus on this issue of sovereignty, of not being dependent on either the US or China for its tech stack”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 7:22
Near-frontier models such as Mistral meet most European firms’ business needs.
“near frontier models like Mistral are totally... fine for the vast majority of business needs of most European firms”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 7:51
Europe’s position in the AI race is not currently alarming.
“so far, I'm pretty sanguine on Europe when it comes to the AI race.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 8:18
Evidence does not establish Europe’s sharp productivity decline relative to the US.
“I don't think there's really enough evidence to actually suggest that's true”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 11:48
Cross-country GDP levels cannot reliably be compared over time.
“we can't actually say anything about levels over time”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 16:05
Europe has chosen shorter working hours than the United States.
“The US doesn't have any statutory limitations on working hours. And Europe has consistently decided to work less”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 16:51
The Draghi productivity measure is methodologically wrong.
“The problem is with the Draghi measure, which is a frighteningly common measure, but I think it's well documented to be the wrong measure.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 17:45
US statistical methods record more real technology growth than EU methods.
“the same amount of nominal spending on tech services or goods shows up as more real growth in the US than in the EU”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 19:47
The reported long-term Europe-US productivity trend is not a robust fact.
“the thing that's presented as a robust stylized fact in the Draga report, but also by Diamond and other people, is simply no such thing.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 22:29
Excluding the top 10% eliminates the US aggregate GDP-per-hour advantage.
“that advantage goes away entirely”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 23:18
The US bottom half is worse off than every European country except Portugal.
“the bottom half is actually significantly worse off than any single European country, but for Portugal.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 23:34
Adjusting consumption for working hours makes the US unexceptional.
“If you adjust that for working hours, the US is pretty unremarkable.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 24:57
The US spends about 50% more per person on healthcare than expected.
“the U.S. spends around 50% more on health care per person than you would expect”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 26:19
US healthcare spending exceeds expected levels by roughly $1.7–$1.9 trillion annually.
“that results in around between 1.7 and around $1.9 trillion a year that are spent in excess”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 26:51
US healthcare has higher unit prices, poor utilization, and generally worse outcomes.
“the US prices per unit of care are just much higher, and utilization is very, very poor, and outcomes are generally worse”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 27:19
Richer parts of Europe work substantially fewer hours than the US.
“they do work much, much less”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 31:41
Western Europe is probably wealthier than the US in aggregate terms.
“there's good reason to suggest that Western Europe is probably more wealthy than the US in the aggregates”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 32:52
Europe has performed very poorly economically over the past decade or more.
“Europe in its own terms has been doing incredibly poorly over the last 10, 15 years”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 33:14
The EU remains relatively strong in manufacturing and merchandise trade.
“the EU is, I think, quite stronger in, you know, manufacturing, merchandise, trade”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 38:48
Europe is not currently in a decisive competitive race over AI.
“I don't think that there is a competitive race specifically in the area of AI.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 39:57
Germany lost over one million manufacturing jobs since 2021.
“Germany alone has shed over a million jobs in the manufacturing sector since 2021.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 42:16
European policy responses to China are slow and produce weak compromises.
“The policy responses are slow, dysfunctional, and even if they produce something, it regresses to the lowest common denominator.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 49:37
EU escalation against China may exceed its resilience to retaliation.
“My fear is that strategically their escalation, their willingness to escalate might outrun their ability to actually be resilient to Chinese responses”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 52:12
The EU will eventually take limited action against China next year.
“A likely scenario is that The EU does something eventually next year”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 53:24
Chinese concessions will not reverse the shift in industrial activity.
“that the concession will not be, it will not really change the momentum behind the shift in industrial activity”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 53:57
A full-scale EU-China trade war is the worst-case scenario.
“The worst scenario is a full-blown trade war.”
Open the episode · What Everyone Gets Wrong About the Economic Problems in EuropeListen at 54:14
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.