Bloomberg Businessweek Bloomberg Businessweek Weekend - November 21st, 2025
Nov 22, 2025
Chris Whalen, former investment banker, shares insights on private credit risks and the potential pitfalls of AI spending. Frank Sorrentino, CEO of ConnectOne Bank Corp., discusses challenges in regional lending and affordable housing, while emphasizing the resilience of NYC's economy. Zach Pandell from Grayscale Investments dives into the complexities of the crypto market, touching on ETFs and regulation. Behavioral scientist John Levy reveals what motivates people to follow leaders, and Amanda Mull explores Ulta Beauty's unique retail strategy and growth.
AI Snips
Chapters
Books
Transcript
Episode notes
AI Recruiters Improve Matchmaking
- Upwork's AI recruiter scans massive historical data to match clients and talent faster and with higher fill rates than humans.
- AI automates job posts, proposals, and initial interviews but still needs humans in the loop for complex work.
AI Raises Value Of Complex Work
- AI is replacing simple tasks and amplifying the value of higher-skilled human work on Upwork.
- Clients pay about three times more for AI-related engagements because the work is more complex and humans remain necessary.
Demand vs. ROI In The AI Buildout
- Strong demand for NVIDIA's chips validates hardware need but doesn't resolve clients' ROI or data-center constraints.
- The AI boom may still face a timing shock or bust even if foundational companies remain profitable.
