CNBC's "Last Call" cover image

CNBC's "Last Call"

Last Call Live at the Milken Conference 5/6/24

May 7, 2024
Exploring market trends, diversification strategies, implications of inflation on S&P 500, seizing Russian assets for Ukraine support, Russia's oil sales impact, energy policies and clean energy sources, challenges in commercial real estate, economic insights, and AI's impact on jobs and society.
43:57

Podcast summary created with Snipd AI

Quick takeaways

  • AI automation on Wall Street may disrupt jobs but also create new opportunities.
  • Human interaction at conferences like Milken sparks innovation and collaboration.

Deep dives

Impacts of AI on Wall Street

AI is set to transform Wall Street by automating tasks traditionally done by analysts, potentially leading to job disruptions and creations. The retooling of employment will be crucial as AI replaces monotonous tasks like legal and accounting jobs, while roles requiring creativity and relationship management will remain intact.

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