More than 288,000 Californians or 7 tenths of 1% of residents reported over a million dollars in income in 2021. Only one in five people in California right now can afford the median home price of $800,000. So we've seen the state become more unequal, you know, partially as a result of this wealth.
Phil Siegel, Founder of AI nonprofit CAPTRS discusses the growing implementation of artificial intelligence. Bloomberg Businessweek Editor Joel Weber and Bloomberg Global Economy Reporter Enda Curran talk about the latest Businessweek story on architect Sahm Rule. Biz Carson, Bloomberg Wealth Reporter discusses how the ultra-rich are flourishing in California. And we Drive to the Close with Christopher Tsai, President and CIO at Tsai Capital.
Hosts: Tim Stenovec and Madison Mills Producer: Sara Livezey
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