Are measures like GDP an accurate way to measure the success and growth of a country? David Pilling, Africa Editor at The Financial Times and author of, "The Growth Delusion," says GDP is outdated and has not been updated since the technological revolution.
Pilling joins Cheddar to explain that GDP was initially invented during the manufacturing age and no longer accurately measures production and progress in the technological age. Pilling does not advocate for a full removal of GDP, but he does believe that leaders rely too heavily on it.
Pilling argues that we need to find a better way to measure tech contributions.
Conditions have been mostly nice for travelers flying ahead of and on Christmas Day, but some naughty disruptions plagued those flying with Southwest Airlines again this year.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Lionsgate announced its studio division is going to spin off in a merger with Screaming Eagle Acquisition Corp., which is a special purpose acquisition company.
