Guggenheim Securities Co-Chairman Jim Millstein discusses Trump trade, banks, housing, US deficit and more with Bloomberg's Sonali Basak.

Guggenheim Securities Co-Chairman Jim Millstein discusses Trump trade, banks, housing, US deficit and more with Bloomberg's Sonali Basak.

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Bloomberg Talks

Guggenheim Securities Co-Chairman Jim Millstein Talks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4b8f81c7-68a1-4fcf-9a54-b2290137737b/transcript

David Sacks, chair of the President's Council of Advisors on Science & Technology, says Anthropic and OpenAI should slow development of their most advanced AI models if they believe the technology poses serious risks, but argues they don’t need new regulation to do it. He pushes back against calls for antitrust exemptions and a broader regulatory framework, saying today’s frontier AI labs are setting the frontier themselves and do not need "anyone else's permission." He also underlines that any approach must account for competition with China, which is unlikely to join a global agreement to slow down AI development. Sacks spoke with Bloomberg's Ed Ludlow.

David Sacks, chair of the President's Council of Advisors on Science &amp; Technology, says Anthropic and OpenAI should slow development of their most advanced AI models if they believe the technology poses serious risks, but argues they don&rsquo;t need new regulation to do it. He pushes back against calls for antitrust exemptions and a broader regulatory framework, saying today&rsquo;s frontier AI labs are setting the frontier themselves and do not need "anyone else's permission." He also underlines that any approach must account for competition with China, which is unlikely to join a global agreement to slow down AI development. Sacks spoke with Bloomberg's Ed Ludlow.

Chair of the President's Council of Advisors on Science & Technology, David Sacks, Talks AI Safety and Regulations

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2ee5338c-8569-40de-a47f-b4c501870275/transcript

Bank of America CEO Brian Moynihan said trading revenue will be “relatively flat” compared with last year’s third quarter, a break from the surge that Wall Street saw in the first half. The news sent shares of Bank of America and other big banks falling. 

Following that news, Moynihan spoke with Bloomberg’s Dani Burger from the sidelines of Barclays Global Financial Services Conference in New York and talked about the bank’s outlook, his thoughts on guardrails for artificial intelligence and more.

Bank of America CEO Brian Moynihan said trading revenue will be &ldquo;relatively flat&rdquo; compared with last year&rsquo;s third quarter, a break from the surge that Wall Street saw in the first half. The news sent shares of Bank of America and other big banks falling. Following that news, Moynihan spoke with Bloomberg&rsquo;s Dani Burger from the sidelines of Barclays Global Financial Services Conference in New York and talked about the bank&rsquo;s outlook, his thoughts on guardrails for artificial intelligence and more.

Bank of America CEO Brian Moynihan Talks Trading Revenue, AI Safety

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3b88dfe7-42a2-4ac9-948f-b4c501486aab/transcript

Bloomberg News' Ottawa Bureau Chief Brian Platt sits down with Canadian Prime Minister Mark Carney ahead of the country's first national investment summit in Toronto. Carney says he thinks it’s still possible for the US and Canada to reach a “mutually advantageous” deal that would reduce trade barriers. He notes that Canada is "ready to sit down and negotiate that and move it forward". Carney adds that he welcomed President Trump’s comments over the weekend that he believed the countries could reach an agreement fairly soon. He also discusses the need to strengthen AI guardrails and more. 

Bloomberg News' Ottawa Bureau Chief Brian Platt sits down with Canadian Prime Minister Mark Carney ahead of the country's first national investment summit in Toronto. Carney says he thinks it&rsquo;s still possible for the US and Canada to reach a &ldquo;mutually advantageous&rdquo; deal that would reduce trade barriers. He notes that Canada is "ready to sit down and negotiate that and move it forward". Carney adds that he welcomed President Trump&rsquo;s comments over the weekend that he believed the countries could reach an agreement fairly soon. He also discusses the need to strengthen AI guardrails and more.&nbsp;

Canadian Prime Minister Mark Carney Talks US Trade, AI Guardrails

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d2c39fa1-2a66-4612-bbdf-b4c501032786/transcript

Guggenheim Securities Co-Chairman Jim Millstein Talks

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