Squawk Pod
The Potomac Crash & Blackstone’s Jon Gray 1/30/25
Jan 30, 2025
Jon Gray, President and COO of Blackstone, shares insights on the firm’s significant investments in AI infrastructure amidst impressive financial results. He highlights the impact of these investments on business productivity and the evolving landscape of employment due to AI advancements. Alongside aviation experts, the discussion delves into the tragic midair collision near the Potomac River, underlining the urgent need for improved airspace regulations and advanced AI tools to enhance aviation safety. It's a compelling blend of finance and critical current events.
27:36
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Quick takeaways
- The tragic aircraft collision over the Potomac highlights the complexities and dangers of navigating congested air traffic around major airports.
- Jon Gray's insights on Blackstone's strategic investments in data centers underscore the pivotal role of AI infrastructure in future economic growth.
Deep dives
Tragic Plane Crash Overview
A midair collision occurred involving an American Airlines regional passenger jet and a U.S. Army Black Hawk helicopter near Reagan National Airport, resulting in a crash into the Potomac River. The incident took place just before the American Eagle jet was about to land, with no survivors expected among the 60 passengers and crew members on board. The investigation, led by the NTSB, is centered around understanding the sequence of events that led to this tragedy, marking the first U.S. airline crash since 2009. American Airlines is actively collaborating with recovery efforts and the investigation team to provide accurate information to the public.
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