Bloomberg Talks Steve Pagliuca Talks Trump, AI
7 snips
Jan 23, 2025 
Steve Pagliuca, a private equity senior advisor at Bain Capital and owner of the Boston Celtics, shares insights from the World Economic Forum in Davos. He discusses the rising complexities of NBA viewership and how economic policies affect sports franchises. Pagliuca also delves into the importance of unified AI regulations in the EU, highlighting its potential in healthcare and infrastructure. Finally, he voices his concerns about inflation and rising interest rates, emphasizing the need for innovation alongside economic stability.
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NBA Viewership and League Strength
- NBA viewership levels have experienced some decline, potentially due to fragmented viewing options.
- Despite this, the league remains strong with more stars than ever.
Davos Discussion Topics
- Davos discussions focused on Trump administration policies and AI's potential.
- Concerns included tariffs, the Ukraine conflict, and the impact of AI.
AI's Transformative Potential
- AI is transformative like railroads or the interstate highway system, requiring significant infrastructure investment.
- The US must match other countries' AI spending to avoid falling behind.