Blackstone President and COO Jon Gray says that the power of AI is being underestimated and that AI is creating new revenue streams while speaking with Bloomberg News' Dani Burger. The interview comes as Blackstone reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments.

Blackstone President and COO Jon Gray says that the power of AI is being underestimated and that AI is creating new revenue streams while speaking with Bloomberg News' Dani Burger. The interview comes as Blackstone reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments.

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Listen to top interviews from Bloomberg News.

Bloomberg Talks

Blackstone President/COO Jon Gray Talks AI Power

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b1f44c2c-82b4-4543-82dc-b4900130e001/transcript

Kenneth Rogoff, Chair of International Economics at Harvard, warns that rising debt and persistently higher interest rates are leaving the US increasingly vulnerable to the next major shock. He discusses why Washington cannot simply grow its way out of the problem, and why a fiscal crisis may ultimately be needed to force meaningful action. Rogoff spoke to Bloomberg’s Tom Keene on the sidelines of the Jackson Hole Economic Symposium.

Kenneth Rogoff, Chair of International Economics at Harvard, warns that rising debt and persistently higher interest rates are leaving the US increasingly vulnerable to the next major shock. He discusses why Washington cannot simply grow its way out of the problem, and why a fiscal crisis may ultimately be needed to force meaningful action. Rogoff spoke to Bloomberg&rsquo;s Tom Keene on the sidelines of the Jackson Hole Economic Symposium.

Harvard's Ken Rogoff Talks US Debt, Fiscal Crisis Risks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e324a499-c9f6-4e35-8944-b4b4011eadf6/transcript

Bank of England Governor Andrew Bailey says the UK is not yet experiencing significant second-round inflation effects, citing a softening labor market. He spoke to Bloomberg's Lisa Abramowicz on the sidelines of the Jackson Hole Economic Symposium, ahead of the central bank’s next interest-rate decision on September 17th.

Bank of England Governor Andrew Bailey says the UK is not yet experiencing significant second-round inflation effects, citing a softening labor market. He spoke to Bloomberg's Lisa Abramowicz on the sidelines of the Jackson Hole Economic Symposium, ahead of the central bank&rsquo;s next interest-rate decision on September 17th.

BOE Governor Andrew Bailey Talks UK Inflation, Fed Policy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0d0baea6-90ff-4d49-bdb0-b4b4011b47a9/transcript

Former Kansas City Fed President Esther George says inflation that continues to be "sticky" requires a response from Fed and that the question is: will the central bank respond with "Words or an action." Speaking with Bloomberg News' Lisa Abramowicz and Tom Keene ahead of Fed Chair Kevin Warsh's scheduled remarks, George says it's important for Fed to follow through to keep its credibility.

Former Kansas City Fed President Esther George says inflation that continues to be "sticky" requires a response from Fed and that the question is: will the central bank respond with "Words or an action." Speaking with Bloomberg News' Lisa Abramowicz and Tom Keene ahead of Fed Chair Kevin Warsh's scheduled remarks, George says it's important for Fed to follow through to keep its credibility.

Former Kansas City Fed President Esther George Talks Inflation, Warsh

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/212430c8-2147-42e3-9680-b4b400f5ff3f/transcript

Blackstone President/COO Jon Gray Talks AI Power

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