john maynard cain. john f. kennedy in the '60s. but we're really good at creating new jobs. we can't always define them. 20 years ago, becky or jane, would you have said there was a job called a search engine optimization specialist? a good, high-paying job? i don't think so an app developer upon an iphone? you couldn't have said that because iphone didn't exist ago. we're good at creating new jobs, so all the hysteria about job losses, this is nothing new. >> jane? >> what i'm hearing a lot in the bay area, we're at the heart of the technological revolution, and in fact, when you ask almost any individual in tech what the biggest issue of the next decade is, they will tell you it's automation and job displacement. we could lose millions of jobs more than the great depression and the great recession combined i'm initiating this fund because if we don't prepare now, we're not going to catch up later. >> all right, jane, jeff, thank you both for your time today >> thank you. >> thank you >>> now here's a look at what's making news as we head into a new week "on the money." for

. >> reporter: you know, joe, one other great insights of the super economist john maynard caines economic life was driven by what he called animal spirits. he couldn't come up with a better phrase than that, animal spirits and sometimes people have them, they just want to buy, they want to invest. they think things will be bet fer they're business owners. sometimes they don't. for whatever reason. we could debate it for the next hour, donald trump has aroused those animal spirits and people buying in our security markets and maybe out in the real economy and that is the engine of economic growth. you can be worried about the future. you don't like his policy, you don't understand this or that. but that funny thing that kind of raw desire to invest after years of not doing so, maybe that's what we're seeing. >> all right. still ahead on "morning joe," former vice president joe biden receives an award yesterday that is very near to my heart. one named after my father. we'll play for you some of his remarks at the ceremony, including about the time he told vladimir putin to his face he had n