Published May 30, 2018

Recode Decode: How to save American jobs in the age of disruption

Penny Pritzker, former U.S. Secretary of Commerce, explores strategies to safeguard American jobs amid technological advances and economic shifts, highlighting the roles of government, private investment, and lifelong learning in fostering innovation and economic growth.
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Episode Highlights

  • Govt Innovation

    Penny Pritzker emphasizes the vital role of government initiatives in fostering technological growth and innovation. She highlights her efforts as U.S. Secretary of Commerce, where she led the department to embrace cloud technology and digital services, training over 3,000 employees in coding and data utilization 1. Pritzker believes that business leaders should encourage employees to temporarily serve in government roles to bridge the knowledge gap in technology 2.

    We need to make it acceptable for people to leave our employee for a year or two, go into government support.

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    This collaboration between the private sector and government is crucial for informed policymaking and technological advancement.

       

    Private Sector

    The private sector's involvement is pivotal in driving technological advancement, as Penny Pritzker illustrates through her work with PSP Partners and Microsoft. She describes how her firm invests in businesses that leverage global trends like urbanization and the data revolution 3. Pritzker also praises Microsoft's leadership under Satya Nadella, highlighting their cultural and technological innovations 4.

    I think Satya is a terrifically transformational leader.

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    These efforts underscore the importance of private enterprises in shaping the future of technology and work.

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