Bloomberg Surveillance
Single Best Idea with Tom Keene: Constance Hunter & Wendy Schiller
Sep 11, 2024
Constance Hunter, a seasoned economic strategist, joins political science expert Wendy Schiller for a deep dive into today's pressing issues. They discuss how inflation affects the service sector, with a surprising spotlight on shelter costs. The duo also explores the economic aftershocks of the pandemic, new tech innovations easing e-commerce, and the dangers of tariff politics—drawing on historical lessons to emphasize the importance of expert guidance for businesses. It's a thought-provoking conversation that merges economics and politics.
04:26
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Quick takeaways
- Integrating advanced AI technologies can significantly enhance business performance, as evidenced by Netflix's three-and-a-half times increase in streaming capabilities.
- Current economic trends highlight the strong connection between rising inflation and the service sector, particularly through the impact of shelter costs on the economy.
Deep dives
AI Enhancements in Business Performance
Integrating advanced AI technologies can significantly enhance business performance, as highlighted by Netflix's success in improving streaming capabilities. By utilizing Intel's AI accelerators, Netflix achieved a remarkable increase in streaming performance by up to three and a half times, showcasing the competitive edge that superior AI hardware provides. This advancement illustrates how businesses can leverage existing architectures to implement AI effectively, driving performance improvements without necessitating a complete overhaul of their systems. Companies are encouraged to take proactive measures in implementing AI solutions to capitalize on these performance gains.
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