The link between immigration and longer life
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 24 February 2026
⏱️ 6 minutes
🧾️ Download transcript
Summary
A new working paper from the National Bureau of Economic Research spotlights how immigrants may be shaping the health and mortality rates of older Americans. Researchers found that a roughly 25% increase in immigration to the United States could prevent nearly 5,000 deaths among seniors 65 and over. Today, we'll unpack the findings. But first, an ominous tale of AI destruction captured the imagination of the public — and stock market traders.
Transcript
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| 0:00.0 | What happened when stock market players read an ominous tale of AI destruction? |
| 0:06.9 | I'm David Brancaccio in Los Angeles. |
| 0:08.7 | Yes, more confusion over which tariffs apply to whom and how much, but it was what one online commenter called a scary bedtime story that caused that significant selloff on the stock market yesterday. The S&P and the |
| 0:22.0 | NASDAQ yesterday fell more than 1% after a lesser-known stock analysis firm published a speculative |
| 0:28.2 | piece about how artificial intelligence could undermine the economy by the summer of 2028, i.e. |
| 0:34.8 | the day after tomorrow. This thing by Citrini research caught fire among financial |
| 0:39.4 | market participants. Ben Kumar is head of equity strategy at seven investment management. |
| 0:45.2 | It actually came into my WhatsApp and I thought, okay, that's really long. I'll have a look at that |
| 0:50.1 | later. You know, kind of 2028 retrospective, fine. I like the idea, but come on, we've |
| 0:55.1 | got stuff to do. And then the U.S. market opened and all I could see was Citrini, Satrini, |
| 1:00.0 | Satriene, Satrii. The narrative had been AI is going to help everybody's profits by making |
| 1:04.9 | us more productive. This thing is like AI could wipe out a lot of the economy. And it doesn't present new data. It was just a |
| 1:13.4 | scenario. And it looks like we had stock markets vulnerable to this kind of thing. |
| 1:20.9 | It hit a lot of, I don't know, emotional levers for people, or things talking about |
| 1:25.7 | companies that they use or that they might know. |
| 1:28.9 | But the difficult thing with AI, with any technology, is there historically, you know, |
| 1:34.6 | in the last 4,000 years, there have always been new jobs created by new technology. |
| 1:39.8 | It's just very difficult to say what they're going to be ahead of time. |
| 1:44.1 | And I don't think this post kind of talked about the upside too much because it's just very difficult to say what they're going to be ahead of time. And I don't think this post kind of talked about the upside too much because it's more |
| 1:48.4 | difficult to. |
| 1:49.7 | So you've seen a lot of software-based companies taking a hit. |
| 1:53.4 | I think it was just a really well-timed, compelling way to wrap up in a nice bundle, |
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