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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: Single best idea and we'll do this quickly. Here is

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Speaker 2: just a really eclectic, interesting market in the Jobs day

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Speaker 2: Tomorrow we'll go beneath the headline data. At eight thirty

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Speaker 2: today we did a broader view and with Torston Slock

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Speaker 2: at Deutsche Bank and Definitive for years there and then

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Speaker 2: over to Apollo Global Management. Really hold the court just

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Speaker 2: did a beautiful thing with Joe and Tracy out at Outletz.

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Speaker 2: But we talked to him about something timeless, the old

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Speaker 2: world versus the new world. Torston Slock on how America

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Speaker 2: is different from Europe.

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Speaker 3: The bankruptcy laws also in the US give you quote

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Speaker 3: unquote a second chance. Bankruptcy laws in most of European

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Speaker 3: countries do not give you a second chance. That's all

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Speaker 3: these issues about recalls non recalls. If I go bankrupt

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Speaker 3: in the US, I can have a clean late, I

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Speaker 3: can start a new business. In many European countries, if

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Speaker 3: I go bankrupt, I owe people money for decades. So

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Speaker 3: that's why this whole issue about how quickly can you

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Speaker 3: come out of bankruptcy codes?

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Speaker 2: Can you start a new business?

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Speaker 3: How dynamic is your economy? All these things are really

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Speaker 3: important for the Europeans and I think they're moving in

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Speaker 3: the right direction on a number of different fronts, but

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Speaker 3: unfortunately it's just not moving fast enough because as we

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Speaker 3: all know and we EXAC can talk about here, the

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Speaker 3: US is just ahead, especially in this case when it

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Speaker 3: comes to AI.

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Speaker 2: Tersta Slock and he has been very optimistic about the

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Speaker 2: productivity story and artificial intelligence. What a joy today to

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Speaker 2: have in from London Business School and also her work

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Speaker 2: at Duke Rebecca Humkiss, She's just absolutely wonderful thinking about AI.

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Speaker 2: It's more of a MBA business school like what's going

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Speaker 2: to happen down the road Rebecca Humkiss and the future

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Speaker 2: of artificial intelligence.

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Speaker 4: AI is a different growth story, but it is changing

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Speaker 4: some of the math about how we think about investment

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Speaker 4: returns inside orgations. But it is still very very early days.

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Speaker 4: The majority of organizations that are bringing AI in are

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Speaker 4: not really seeing growth gains. They're seeing a bit of

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Speaker 4: productivity or cost reduction, but we're not really seeing a

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Speaker 4: lot of the use case that are generating detrimental revenue

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Speaker 4: or value creation for organizations. Again, we're early days, but

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Speaker 4: the last couple of months are showing a little bit

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Speaker 4: more doubt about how much these investments are going to

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Speaker 4: translate into returns.

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Speaker 2: Rebecca hum Kiss of the London Business School on podcasts

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Speaker 2: at Spotify, at Apple A YouTube podcasts, it's single best

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Speaker 2: idea