10min chapter

Bloomberg Daybreak: Europe Edition cover image

Bloomberg Daybreak Weekend: New Home Sales, Retail Preview

Bloomberg Daybreak: Europe Edition

CHAPTER

Challenges in AI and the Auto Industry

This chapter examines a CEO's ambitious plan to create 100,000 AI-related jobs, raising concerns about funding and accountability. It also discusses the competitive landscape of the Japanese auto industry, particularly potential mergers and the need for strategic consolidation in the face of increasing challenges from electric vehicle markets. The chapter highlights the historical context of investments, the skepticism around super AI, and the imperative for adaptation within the automotive sector.

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