The IBJ Podcast with Mason King

Mitch Daniels on bringing Purdue biz programs to downtown Indy; plus AI, Social Security

·33 min·3 clips
Mitch Daniels reveals why Purdue is moving its business programs to downtown Indianapolis amid AI's threat to white-collar jobs.
Host Mason King interviews Mitch Daniels, former Indiana governor and Purdue University president emeritus. Daniels begins by updating his post-Purdue activities, including board work and writing a book. He discusses his continued involvement with the Mitchell E. Daniels Jr. School of Business, emphasizing its focus on free markets and humanities integration. The conversation shifts to the split of IUPUI, which Daniels championed to allow Purdue growth and better connect students with Indianapolis businesses. Daniels highlights Purdue's new programs in Indianapolis, such as the Integrated Business and Engineering Program and executive education. He notes that undergraduates can now earn degrees entirely in Indianapolis, with buses shuttling students between campuses. The episode delves into AI's impact, with Daniels explaining Purdue's school-wide AI requirement to prepare students for technological disruption. King raises concerns about AI threatening entry-level white-collar jobs, using his nephew's finance degree as an example. Daniels acknowledges the uncertainty but stresses the importance of mastering AI as a tool. The discussion broadens to the value of a college degree, with Daniels critiquing both the overselling of college for all and recent denigration of higher education. He cites Gallup research showing success depends on how students pursue their education, not where they go. Daniels links Purdue's Indianapolis expansion to retaining graduates in Indiana, noting improved brain gain trends. In the final segment, Daniels proposes three fixes for Social Security: means-testing, adjusting cost-of-living indexing, and raising the future retirement age. He laments that political inaction may require a crisis to force changes. The episode ends with King teasing a future discussion on debt.
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