Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: Your single best idea will go quickly today. We're hoping
Speaker 2: that you've seen this as a short podcast to fit
Speaker 2: in with the other longer podcast, I recommend David Gura
Speaker 2: the Bloomberg. The big take is they just they wont awards.
Speaker 2: Why don't we win awards? I mean Gurras, the Gura
Speaker 2: mantle at home. You can't even keep the awards on it.
Speaker 2: It's getting so heavy. But the big take, look for
Speaker 2: that out on Bloomberg and squeeze this one in as well.
Speaker 2: We're gonna go quick here today. We got three conversations
Speaker 2: for you. First, we're gonna talk to Terry Wiseman. He's
Speaker 2: a Macquarie and he's really good at the sixty thousand
Speaker 2: feet View. We did an audible with doctor Wiseman and
Speaker 2: we said, okay, forget about global macro, China and all that.
Speaker 2: How does technology and the technology overlay of America fit
Speaker 2: into our future.
Speaker 1: The investment in technology by these companies is going to continue.
Speaker 1: I think they are vested in the concept, certainly of
Speaker 1: artificial intelligence and the productivity gains we're going to benefit
Speaker 1: from over time. The question is, is all of this
Speaker 1: investment that they're doing more than is optimal with respect
Speaker 1: to the productivity gains that are going to come out
Speaker 1: of this revolution. The problem is that when we're talking
Speaker 1: about these technological revolutions, the innovative revolutions, we don't really
Speaker 1: know in ten to twenty years just how much revenue
Speaker 1: increases are going to come, just how much GP is
Speaker 1: going to strengthen, just how much the global economy is
Speaker 1: going to benefit from these things. So I think the
Speaker 1: market doesn't like things that are ten to twenty years
Speaker 1: in the future, and I think with these kinds of revolutions,
Speaker 1: that's what we're talking about. We haven't even started to
Speaker 1: scratch the surface with respect to what the applications of
Speaker 1: AI are going to be. Is it going to be
Speaker 1: in biotechnology and pharmacy, Is it going to be in salting,
Speaker 1: Is it going to be legal, et cetera. People are
Speaker 1: still we're still in the investment phase, and until we
Speaker 1: start to see the benefits of this, I think there
Speaker 1: will always be doubts.
Speaker 2: It sounds like the railroads one hundred and thirty years ago.
Speaker 2: Terry Weisman, rul mcquarie there as well, coming down from
Speaker 2: sixty thousand feet to six feet. Actually, you know, I
Speaker 2: was watching the game last night and there's Pat Sajak
Speaker 2: Wheel of Fortune and all that. Everyone's going mental. Missus
Speaker 2: Key's going mental. Pat Sajex out there. OMG. Like in
Speaker 2: the third row at Yankee Stadium one time there was
Speaker 2: like a foul ball that went over by the first
Speaker 2: baseline they're in the seventh row. Was Dan Eyes of
Speaker 2: Wedbush Securities. We dragged them on after Yankees Dodgers, and
Speaker 2: we said to Dan Ives, just simple here, you look
Speaker 2: at Microsoft, you look at All give us an update.
Speaker 3: I think will Fortune's bullsh it is specifically for Amazon
Speaker 3: on the cloud side. I think that's going to be
Speaker 3: the upside there as well as advertising and for Apple.
Speaker 3: You know, as we've talked about, this will be a
Speaker 3: better than expected iPhone number, and I think optimistic in
Speaker 3: terms of cook go into what I believe is just
Speaker 3: going to be a monster December holiday season for iPhone sixteen.
Speaker 2: AI driving that Dena, it's a web Bush. He said
Speaker 2: the game was painful. Well he's a Mets fan, but
Speaker 2: he said it was New York painful for all of
Speaker 2: you follow the Dodgers. What a victory. Just absolutely joy
Speaker 2: to watch. All of this baseball here. Finally, the thing
Speaker 2: about Joe Matthew. That's great. We're talking Terry Wiseman sixty
Speaker 2: thousand feet. Matthew can go sixty thousand feet presidential who's
Speaker 2: going to be at the inauguration in January. But he
Speaker 2: also can go incredibly granular on the political process. I
Speaker 2: love how he talks about the word political practitioners. From
Speaker 2: the balance of power, Joe Matthew, we.
Speaker 4: Like to talk to practitioners more than we'd like to
Speaker 4: talk to partisans. And the people who were actually in
Speaker 4: the field who are talking to people are the ones
Speaker 4: who really don't have a sense of what's going to happen,
Speaker 4: and they're very concerned that the sample's broken because polls
Speaker 4: are based on the last election, the curve things, the
Speaker 4: algorithm that they put on these numbers, and so Nate
Speaker 4: Silver put it best today. If you want to talk
Speaker 4: about somebody who's the French here, Trump and Harris, he wrote,
Speaker 4: are a polling error away each from a blowout. This
Speaker 4: could go five points in either direction on the presidential level.
Speaker 4: On the House level, it could go five seats in
Speaker 4: either direction. And that is why next week is going
Speaker 4: to be such a slog.
Speaker 2: Joe Mathews just extraordinary. Look for our election coverage. We're
Speaker 2: gonna do that really all day Tuesday. Balance of Power
Speaker 2: will be there and of course starting in the evening
Speaker 2: as well. And then at seven pm Kayleie lines Joe Matthew,
Speaker 2: John Ferrell driving forward our coverage across the nation in
Speaker 2: a very long Tuesday night. This has been a very short,
Speaker 2: single best idea out on Apple podcasts, on YouTube podcasts.
Speaker 2: It is a single best idea