How Best to Measure America's Success

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 David Pilling, Africa Editor at The Financial Times and author of, "The Growth Delusion," says GDP is outdated and has not been updated since the technological revolution.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.

More In Business

Video Game Performers Will Strike Over AI concerns

Hollywood’s video game performers are going on strike, throwing part of the entertainment industry into another work stoppage.

Widespread Gains Send Wall Street Higher To Close a Shaky week

U.S. stocks climbed Friday to close out a bumpy week dominated by sharp, market-cleaving swings.

Tech Stocks’ Terrible, Horrible, No Good, Very Bad Week

Pretty much all the tech stocks driving the market were looking shaky—and they weren't the only ones.

Small Stocks Are About to Take over? Wall Street Is Unconvinced...

Some of the smallest stocks on Wall Street have shown much more life recently. but professional investors still aren’t convinced.

Global Shares Tumble after Big Tech’s Wipeout on Wall Street

Global shares have dropped as pessimism set in over Wall Street's nose-dive related to Big Tech's pullback.

Domino's Q2: Strong Growth Amidst Inflation and Future Challenges

Domino’s Pizza reported a 7.1% revenue rise to $1.1B amid value meal competition and inflation. Q3 may slow, with caution on growth and consumer spending.

Load More