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Bloomberg News White House Correspondent Josh Wingrove discusses Kamala Harris's economic plan and its implications for businesses. Erik Wasson sheds light on how electric vehicle policies could influence Michigan voters. Economics Editor Molly Smith analyzes fresh inflation data and shifting consumer confidence. The episode also dives into a mystery investor's significant stake in JetBlue, revealing potential market impacts. Lastly, Kate Kaminski shares insights on the current housing market and recent declines in new home construction.
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- Kamala Harris's economic plan emphasizes addressing affordability issues through initiatives like extended child tax credits and subsidies for homebuyers.
- The housing market faces significant challenges with affordability, highlighting the need for more specific policies to meet ambitious housing development goals.
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Generative AI as the Future of Technology
Generative AI is positioned as the emerging operating system of the internet, with businesses poised to integrate this technology into all products and services. Companies are encouraged to start their AI journey actively, as the potential for performance breakthroughs is significant. For instance, Intel's AI accelerators have enhanced Netflix's streaming performance by up to 350% compared to competitors. The emphasis is on applying AI to establish a solid architecture that supports business growth today.
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