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Trumponomics

Will Musk Trigger a Government Shutdown?

Feb 26, 2025
Joshua Green, a national correspondent for Bloomberg Businessweek and author of the bestseller Devil's Bargain, teams up with Laura Davison, Bloomberg's White House editor focused on tax policy. They discuss the looming threat of a government shutdown and how Elon Musk's controversial influence complicates Republican negotiations. The conversation dives into financial transparency concerns linked to federal contracts and the intriguing intersection of Musk's initiatives with fiscal policy. Tensions rise as Musk pushes for updates from federal workers, adding to the political drama.
22:13

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Quick takeaways

  • Elon Musk’s efforts through the Department of Government Efficiency are creating political divisions in Congress and complicating federal funding negotiations.
  • The looming government shutdown raises significant concerns about the continuity of essential services and the security of federal workers during potential disruptions.

Deep dives

AI's Influence on Business

AI is significantly transforming business operations across various industries by enhancing productivity and expediting decision-making processes. Companies that fail to consider AI trends risk falling behind competitors who are actively leveraging this technology. The reliance on substantial computing power for AI applications presents cost challenges for many cloud platforms, yet Oracle Cloud Infrastructure (OCI) offers a solution with lower costs—up to 50% less for compute resources compared to major competitors. Organizations like Vodafone and Thomson Reuters have successfully implemented OCI, demonstrating its effectiveness in handling AI workloads efficiently.

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