Bloomberg Businessweek cover image

Bloomberg Businessweek

Swisher Takes a Thorough Look at the Social Technology Landscape

Mar 20, 2024
39:11
Snipd AI
Kara Swisher discusses her new book, tech trends in social media, and the influence of media on society. OpenAI's video generation capabilities and the implications of deepfake technology are explored. The podcast also covers Federal Reserve announcements, market speculations, and current trends in financial markets.
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Podcast summary created with Snipd AI

Quick takeaways

  • Kara Swisher's Burn Book explores tech industry's nuances and Rachel Metz delves into OpenAI's AI video race.

Deep dives

Federal Reserve Meeting Overview

The Federal Reserve meeting, led by Jay Powell, highlighted an increase in growth estimates and inflation expectations. The FOMC left room for flexibility, indicative of a cautious approach. While some members suggested three rate hikes, the distribution of votes indicates a possibility of fewer hikes. The market's response aligns with the uncertainty surrounding future rate cuts.

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