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Former Google CEO Eric Schmidt says that the US is way ahead of China and the rest of the world in AI. He also said that it would be better to regulate TikTok then to ban it. Schmidt has been speaking to Bloomberg's Caroline Hyde at the sidelines of the Special Competition Studies Project conference in Washington 

Former Google CEO Eric Schmidt says that the US is way ahead of China and the rest of the world in AI. He also said that it would be better to regulate TikTok then to ban it. Schmidt has been speaking to Bloomberg's Caroline Hyde at the sidelines of the Special Competition Studies Project conference in Washington

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Listen for top interviews from Bloomberg News. Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.

Listen to top interviews from Bloomberg News.

Bloomberg Talks

Eric Schmidt Talks AI, TikTok

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/21768ede-b2b5-4351-a033-b1690135d184/transcript

Mark Hill was sworn in this week as the new mayor of Frisco, Texas — a city riding a 600% surge in population this century — and a boom in the tax base of more than 2,200% over that period. The roster of local businesses now includes Wall Street money managers, fintechs and consumer brands, drawn by good schools for employees and public safety. 

Hill discusses the challenges and opportunities of managing the city with Bloomberg’s Julie Fine.

Mark Hill was sworn in this week as the new mayor of Frisco, Texas &mdash; a city riding a 600% surge in population this century &mdash; and a boom in the tax base of more than 2,200% over that period. The roster of local businesses now includes Wall Street money managers, fintechs and consumer brands, drawn by good schools for employees and public safety.&nbsp;
Hill discusses the challenges and opportunities of managing the city with Bloomberg&rsquo;s Julie Fine.

Frisco Mayor Mark Hill Talks Tax-Base Boom

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c9ef24cc-79d1-4ab6-8819-b48201207bdb/transcript

Investors are reluctant to abandon the broader higher for longer narrative despite the downside surprise in June’s payrolls data. CFTC positioning showed the largest dollar long in more than a decade ahead of the release, yet the subsequent dollar selloff was relatively modest.

Dan Suzuki, iCapital Global Investment Strategist reacts. 

Investors are reluctant to abandon the broader higher for longer narrative despite the downside surprise in June&rsquo;s payrolls data. CFTC positioning showed the largest dollar long in more than a decade ahead of the release, yet the subsequent dollar selloff was relatively modest.
Dan Suzuki, iCapital Global Investment Strategist reacts.&nbsp;

iCapital's Dan Suzuki Talks Fed Minutes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3f4b703d-d28e-48cd-85fa-b48201041898/transcript

A revamp of the Federal Reserve's preferred inflation gauge could tip the scales against interest-rate increases this year. The planned changes to the personal consumption expenditures price index would have likely lowered core inflation if they'd already been applied to the latest data.

Claudia Sahm, Chief Economist at New Century Advisors, reacts.

A revamp of the Federal Reserve's preferred inflation gauge could tip the scales against interest-rate increases this year.&nbsp;The planned changes to the personal consumption expenditures price index would have likely lowered core inflation if they'd already been applied to the latest data. Claudia Sahm, Chief Economist at New Century Advisors, reacts.

Claudia Sahm Talks Fed Minutes, Inflation Gauge

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/50fd40e3-9112-4aa2-ac32-b4820102f4ab/transcript

Eric Schmidt Talks AI, TikTok

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