Ken Griffin says Trump’s plan for America First was always doomed to fail: ‘Most people don’t want to live that dream’
Ken Griffin, the CEO of Citadel, recently criticized President Trump's "America First" plan, stating that it was "pro-inflation" and doomed to fail. Griffin argued that the plan, which aimed to restore American jobs and industries, was flawed from the beginning. He claimed that most people do not want to live the "American dream" of working in factories, as these jobs are often physically demanding and offer relatively low wages.
In response to the tariffs imposed under the "America First" agenda, Griffin declared them a "disaster" and suggested that the country should instead invest in robotics and artificial intelligence to boost manufacturing. Griffin recently donated $3 billion to Carnegie Mellon University to promote the "next era of American innovation" through robotics.
However, this suggestion may face opposition, as the manufacturing sector employs around 12.6 million Americans and is expected to contribute 7.2% to the economy by 2035. Some experts, like Microsoft co-founder Bill Gates, have suggested implementing a robot tax to slow the shift away from human labor and fund retraining programs.
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