Inside India's Wealth Gap: AI Jobs, Middle Class, Freebies & GDP | Abhijit | FO521 Raj Shamani

JUN 11, 202696 MIN
Raj Shamani's Figuring Out

Inside India's Wealth Gap: AI Jobs, Middle Class, Freebies & GDP | Abhijit | FO521 Raj Shamani

JUN 11, 202696 MIN

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<p>Download Porter Here: <a href="https://app.adjust.com/21bhdnwt" target="_blank" rel="noopener noreferer">https://app.adjust.com/21bhdnwt</a></p><p><br></p><p><br></p><p>Guest Suggestion Form: </p><p><a href="https://forms.gle/bnaeY3FpoFU9ZjA47">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://forms.gle/bnaeY3FpoFU9ZjA47⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p><br></p><p><br></p><p>Disclaimer: This video is intended solely for educational purposes and opinions shared by the guest are his personal views. We do not intent to defame or harm any person/ brand/ product/ country/ profession mentioned in the video. </p><p><br></p><p><br></p><p>Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.</p><p><br></p><p><br></p><p>(00:00) - Intro<br>(02:55) - Why Are Only the Rich Getting Richer in India?<br>(08:51) - Middle-Class Indians&#39; Salary Range<br>(13:27) - Should We Replace Humans Because of AI?<br>(18:30) - India: 6th Largest Economy but Still Poor<br>(25:33) - What Is an RCT?<br>(29:37) - What Is Economics?<br>(32:14) - Understanding the Indian Economy Using a Pressure Cooker<br>(39:56) - How Are Guava, Anemia &amp; Economics Related?<br>(43:35) - What Is the Poverty Trap Curve?<br>(50:43) - Why Does He Think Giving Freebies to Poor People Is Good?<br>(59:19) - Why Don&#39;t Many Rich People Give to Charity?<br>(1:02:15) - Why Do People Say Freebie Politics Is Ruining the Country?<br>(1:07:57) - Why Does He Think Tax Havens Should Be Banned?<br>(1:17:37) - Is a Closed Economy Good for Growth?<br>(1:19:27) - Why Is India Poorer Than Japan Despite Almost the Same GDP?<br>(1:22:56) - Why Did He Write the Paper &quot;Marry for What&quot;?<br>(1:25:48) - Is Universal Basic Income the Future?<br>(1:29:09) - Why Is There Inequality Even in Jails?<br>(1:30:59) - Why Doesn&#39;t He Take GDP Seriously?<br>(1:34:39) - BTS<br>(1:35:23) - Outro</p><p><br></p><p><br></p><p>In today&#39;s episode, we sit down with Abhijit Banerjee, Nobel Laureate &amp; Author, Economist &amp; Co-Founder - JPAL to break down everything Indians get wrong about poverty, inequality, and the future of work.</p><p>He also explains his Kenya experiment where a 2-year lumpsum beat 12 years of monthly transfers, the 17-year West Bengal study that showed one free cow made women 40% richer, the 140-study metaanalysis proving freebies make people work MORE not less, and why even a Nobel Laureate calls his own success &quot;mostly luck.&quot;</p><p>A complete masterclass on how the economy actually works from the man who built the world&#39;s most rigorous method for studying it.</p><p><br></p><p>Subscribe for more such conversations.</p><p><a href="https://www.instagram.com/senlakshya/">⁠⁠⁠⁠⁠</a></p><p><a href="https://www.linkedin.com/in/itsprashantdesai/">⁠⁠⁠⁠⁠⁠⁠</a></p><p><a href="https://www.instagram.com/khanglobalstudies_official/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.instagram.com/emmanuelmacron">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.instagram.com/yungblud">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.instagram.com/sweetreactions">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://x.com/ShivShivakumar⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.instagram.com/dr_sarthak_dave">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.instagram.com/dimplejangdaofficial">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.linkedin.com/company/indulgeglobal/">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://x.com/rajarmani">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.linkedin.com/in/anantagarwalofficial/">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.instagram.com/keshavinani">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://x.com/dineshagarwal">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.instagram.com/divyakirti.vikas">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a><a href="https://www.instagram.com/poojamakhija/">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>About Raj Shamani</p><p><br></p><p><br></p><p>Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation &amp; Public Speaking. 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