Author - Matt Weinberger
Source - Business insider
SAN FRANCISCO — Back in August, GE CEO Jeff Immelt criticised Donald Trump over his racist comments on Muslims and Mexicans, calling them “unacceptable.”
Now, Immelt tells Business Insider that while he stands by his view of Trump’s comments, he reaffirms that he’s only ever had positive interactions with the President-elect, and says he “[looks] forward to working with him.”
And there’s one issue that Immelt and Trump seem to agree on: There’s room for growth in the United States’ GDP. From Immelt’s standpoint, this is a technology problem.
“As our productivity has decreased, so has our GDP growth,” Immelt tells Business Insider.
He’s not talking about business productivity, the kind you solve with software like Microsoft Office. He’s talking about industrial productivity, from the more efficient manufacturing of goods, to smarter ways of shipping them around the world, to maximizing the yield (and minimising the environmental impact) when drilling for oil and gas.