ByAlex Nitzberg | Fox Business
Billionaire business tycoon Elon Musk shot down a scarcity mindset and suggested that there is basically unlimited potential for creating jobs and businesses.
“The ‘fixed pie’ fallacy is at the heart of much wrong-headed economic thinking. There is essentially infinite potential for job and company creation. Think of all the things that didn’t exist 20 or 30 years ago!” Musk declared in a post on X.
Musk’s comment was in response to a post from entrepreneur Joe Lonsdale who had mentioned Sriram Krishnan — who President-elect Trump recently tapped for a role in his upcoming administration. Last month, Krishnan advocated for lifting a cap on green cards when replying to a post of Musk’s regarding the Department of Government Efficiency (DOGE), a new body that Musk will lead alongside businessman Vivek Ramaswamy.
