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Big Take

Latest episodes

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Sep 20, 2024 • 14min

The Genius Minds Behind the World’s Best Poker Bots

Kit Chellel, a journalist illuminating the shadowy world of poker bot creators, teams up with David Gura, a podcaster passionate about tech strategies. They dive into the fascinating story of how a group of Russian students built unbeatable poker bots, shifting the landscape of online poker. The discussion touches on the bots' impact on game integrity and player experience, the controversial rivalry that has defined the competitive scene, and how technology is reshaping the future of poker amidst its evolving challenges.
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Sep 19, 2024 • 14min

Understanding Kamala Harris’ Plan for the Economy

Join seasoned political reporters Karen Breslau, who has covered Kamala Harris for 20 years, and Josh Wingrove, who tracks her campaign. They dive into Harris's economic vision, emphasizing her initiatives to bolster minority small businesses with a novel child tax credit. The discussion highlights her challenges in a divided Congress, controversial tax plans, and the potential impacts on global trade and antitrust regulations. It's an insightful look into what a Harris presidency could mean for America's economy.
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Sep 18, 2024 • 16min

The Fed Cut Interest Rates. Now What?

Enda Curran, a savvy commentator from Bloomberg, joins the discussion about the Federal Reserve's surprising rate cut. They dive into how this cut impacts industries and consumers alike, especially in housing and small business financing. Solutions for rising inflation and labor market concerns are explored, alongside potential boosts for startups and venture capital. Curran sheds light on the global ramifications of U.S. monetary policy, suggesting a hopeful outlook for economic resilience amidst changing tides.
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Sep 17, 2024 • 17min

Carry Trades, Explained

Shuli Ren, a Bloomberg Opinion columnist, dives into the intriguing world of carry trades—financial maneuvers that recently rocked global markets. She discusses the origins of the yen carry trade and what went awry this summer. With unexpected shifts in interest rates, Ren explains the impacts on currency values and how Japanese investors play a pivotal role. The conversation also touches on the relationship between purchasing power, inflation, and the volatility these trades introduce to markets like the US stock exchange.
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Sep 16, 2024 • 15min

The Fed Finally Seems Ready to Pivot

Kate Davidson, a Bloomberg journalist specializing in economic policy, dives into the Federal Reserve's potential interest rate cuts, marking the first in over four years. She discusses the implications of changing rates for everyday Americans and the economy. Davidson highlights how political factors, including the upcoming elections, may influence the Fed's decisions. She also shares insight into market reactions, emphasizing the desire for more substantial cuts amid economic uncertainty.
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Sep 13, 2024 • 17min

California’s Controversial AI Bill Could Upend the Industry

Scott Wiener, a California State Senator and advocate for AI regulation, discusses his controversial AI safety bill, SB 1047, which aims to impose safety standards on large tech companies. Shirin Ghaffary, a Bloomberg tech reporter, provides insights on the potential global implications of the legislation, even if vetoed. They delve into the clash between innovation and regulation, the responsibility of AI creators, and the ongoing debate over whether regulation should be state or federal. This dialogue highlights the urgent need for responsible oversight in the rapidly evolving tech landscape.
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Sep 13, 2024 • 17min

Buttigieg on Fixing America’s Travel Woes

Pete Buttigieg, the Transportation Secretary, tackles the critical challenges in air travel today. He discusses recent safety incidents and the need for accountability among airlines. Buttigieg emphasizes enhancing consumer protections and the importance of transparency in pricing, addressing concerns over hidden fees. He also touches on Boeing's renewed commitment to safety and how his political future might unfold beyond the Biden administration. Get ready for insights into the future of air travel and the ongoing push for passenger rights!
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Sep 11, 2024 • 15min

Harris Trolled Trump. He Took the Bait.

Vice President Kamala Harris, known for her prosecutorial background, took charge in a heated debate against former President Donald Trump, who faced criticism on key issues. Wendy Benjaminson, a senior editor at Bloomberg, joins the discussion to dissect their contrasting strategies and Trump’s attempts to label Harris as radical. They also analyze the implications of voter concerns on economic policy, immigration, and the surprising endorsement of Harris by Taylor Swift, solidifying her campaign's momentum. A revealing look at the dynamics of the debate!
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Sep 10, 2024 • 14min

Apple’s Strategy to Rule the World

Austin Carr, a Bloomberg reporter focusing on technology's economic impact, joins to dissect Apple's transformation from a device-centric company to a digital services powerhouse. Key topics include Apple's game-changing product launches like the iPhone 16 Pro and Apple Watch Series 10, the implications of its evolving camera technology, and shifting dynamics with developers amidst antitrust challenges. Carr also sheds light on the regulatory battles Apple faces in the U.S. and Europe and what it means for consumers and competition in the tech landscape.
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Sep 9, 2024 • 16min

Janet Yellen’s Predictions for the US Economy

In this engaging conversation, US Treasury Secretary Janet Yellen shares her insights on the current state of the economy and the intricate dynamics of US-China relations. She discusses the challenges of balancing inflation control with job creation, especially amid recent reports. Yellen also highlights new IRS tax processing improvements and the importance of securing US steel companies amid foreign investments. Expect valuable perspectives on taxation, economic growth, and the need for legislative support in critical areas like affordable housing and healthcare.

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