1
00:00:02,520 --> 00:00:07,400
Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

2
00:00:12,480 --> 00:00:15,080
Speaker 2: A single best idea, a quick effort today. What a

3
00:00:15,120 --> 00:00:18,479
Speaker 2: great set of narratives today. Glenn Hubbard on the future

4
00:00:18,520 --> 00:00:21,079
Speaker 2: of the Federal Reserve. He, of course, all of his

5
00:00:21,160 --> 00:00:25,279
Speaker 2: association with Columbia Business School and Sir Howard Stringer with

6
00:00:25,400 --> 00:00:29,880
Speaker 2: US was a great honor. You know, he's in his eighties,

7
00:00:29,920 --> 00:00:33,879
Speaker 2: but with a venerable history going back decades and decades

8
00:00:33,920 --> 00:00:37,879
Speaker 2: with CBS, with Sony and of course piercing comments on

9
00:00:37,960 --> 00:00:42,440
Speaker 2: the BBC. Henrietta Trey's got us started here. I asked

10
00:00:42,479 --> 00:00:47,000
Speaker 2: her about the president in a lot of foreign initiatives

11
00:00:47,280 --> 00:00:48,760
Speaker 2: given domestic angst.

12
00:00:49,120 --> 00:00:51,479
Speaker 1: I think that the shutdown made that really plain when

13
00:00:51,520 --> 00:00:53,880
Speaker 1: the President just was not in DC very much. He

14
00:00:54,040 --> 00:00:57,440
Speaker 1: was certainly either in mar A Lago or international and

15
00:00:57,640 --> 00:01:00,400
Speaker 1: focused on Israel and Hamas an other is that we're

16
00:01:00,440 --> 00:01:03,520
Speaker 1: not associated with either the government shut down, the Tuesday election,

17
00:01:04,400 --> 00:01:06,200
Speaker 1: or the state of the US economy. And I think

18
00:01:06,240 --> 00:01:08,280
Speaker 1: that's about to change, particularly as the Street gets a

19
00:01:08,319 --> 00:01:11,440
Speaker 1: whole bunch more data from BLS and other exerties that

20
00:01:11,440 --> 00:01:14,280
Speaker 1: we've been lacking. You know, I don't see you being

21
00:01:14,319 --> 00:01:16,440
Speaker 1: able to run away from an economic focus. So I

22
00:01:16,480 --> 00:01:18,880
Speaker 1: would say, if you want to see, you know where

23
00:01:18,920 --> 00:01:20,959
Speaker 1: the Republican Conference is going, see who picks up the

24
00:01:20,959 --> 00:01:23,840
Speaker 1: mantle of focusing on the economy while everyone else is

25
00:01:23,880 --> 00:01:25,000
Speaker 1: distracted with other things.

26
00:01:25,040 --> 00:01:28,679
Speaker 2: And Anda Troy is hugely valuable. Invaded partners, Paul and

27
00:01:28,720 --> 00:01:31,640
Speaker 2: I love to get a people expert on their buy,

28
00:01:31,680 --> 00:01:36,800
Speaker 2: hold and sell of technology. Run Josie definitive, it's City

29
00:01:36,840 --> 00:01:40,920
Speaker 2: Group on the Internet. Here is run Josie on the accounting.

30
00:01:41,319 --> 00:01:43,480
Speaker 2: Over to counting the servers.

31
00:01:44,040 --> 00:01:47,039
Speaker 3: Well, here's the big good news. I believe a lot

32
00:01:47,080 --> 00:01:50,760
Speaker 3: of those servers and chips, even that our seven or

33
00:01:50,760 --> 00:01:54,360
Speaker 3: eight years are become, are still utilized like one hundred

34
00:01:54,400 --> 00:01:56,920
Speaker 3: plus percent. And so the sixth year of the five

35
00:01:56,920 --> 00:01:58,480
Speaker 3: it used to be, I mean years ago it was

36
00:01:58,520 --> 00:02:01,920
Speaker 3: four an hour at five a half six years, that's

37
00:02:01,960 --> 00:02:04,800
Speaker 3: something we're certainly aware of. But again it gets back

38
00:02:04,840 --> 00:02:08,040
Speaker 3: to this capacity side, and all of the checks and

39
00:02:08,280 --> 00:02:12,040
Speaker 3: data that we look at, utilization is high. Even servers

40
00:02:12,040 --> 00:02:14,680
Speaker 3: that are beyond that are high, and they're generating dollars

41
00:02:14,720 --> 00:02:16,600
Speaker 3: off of so you know, as long as you have

42
00:02:16,680 --> 00:02:20,360
Speaker 3: that duration, I think that's that's that's makes sense.

43
00:02:21,240 --> 00:02:24,400
Speaker 2: Ron Josie of City Group on your podcast, We're at

44
00:02:24,400 --> 00:02:28,600
Speaker 2: an Apple, We're at Spotify. On YouTube podcasts, single best

45
00:02:28,840 --> 00:02:29,240
Speaker 2: idea