And so I'd ask my friends, both on the tech optimist side and on the populist side, not to see the failure of the logic of globalization as a failure of innovation. Indeed, I'd say that Globalization's hunger for cheap labor is a problem precisely because it's been bad for innovation. Both our working people, our populace, and our innovators gathered here today have the same enemy. And, and the solution, I believe, is American innovation. (12:46–12:54)
CLAIM
Asserts that globalization's reliance on cheap labor has negatively impacted innovation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.