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Bloomberg Businessweek
A Bloomberg Surveillance Jackson Hole Special
Aug 23, 2024
In this insightful discussion, Raphael Bostic, Atlanta Fed President, and former Fed leaders Loretta Mester, James Bullard, Thomas Hoenig, and Patrick Harker tackle the pressing economic issues facing the U.S. From navigating inflation to ensuring labor market health, they emphasize the delicate balance required in current monetary policy. They also explore the implications of the upcoming Fed Chair speech and the continuing evolution of the economy post-pandemic, all while addressing the need for responsible fiscal governance.
49:05
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Quick takeaways
- The podcast highlights the Federal Reserve's dilemma in managing inflation while avoiding economic downturn amid fluctuating unemployment rates.
- Executives discuss the labor market's transition from previously high demand to a more balanced status, influencing economic confidence.
Deep dives
Generative AI as a Key Technology
Generative AI is positioned as the future operating system of the internet, expected to integrate into every product, service, and application. Businesses are encouraged to embark on their AI journeys to fully harness this transformative technology. The podcast highlights successful examples, such as how Netflix scaled its streaming performance using Intel's AI accelerators, which boosted efficiency by up to three and a half times. This illustrates the impactful advancements businesses can achieve through effective implementation of AI solutions.
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Discover
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