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Big Take

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Oct 5, 2023 • 20min

Everyone's Hoping For A Soft Landing. A Recession Is More Likely

Bloomberg's Chief U.S. Economist Anna Wong discusses the likelihood of a recession and potential shocks to the US economy. The podcast explores the impact of China's economy on the US, the economic impact of cultural events, and factors that could impact the economy. It concludes with a discussion on the uncertainty of a potential recession.
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Oct 4, 2023 • 27min

Can AI Beat The Market? Do We Want It To?

Guest Renee Yao, founder of an investment firm all in on AI, discusses how artificial intelligence is changing the way financial firms make decisions. The podcast explores the challenges of AI in beating the market, its ability to predict market movements, limitations in predicting stock market behavior, and the growing influence of AI in the financial market.
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Oct 4, 2023 • 25min

One Reason Buying A House Can Be So Hard

This podcast discusses the challenges of buying a house in the US despite government support, including limited access to essential services in rural areas. It explores the difficulties individuals face in accessing the financial system and obtaining mortgage approvals, highlighting disparities in lending practices. The podcast also addresses the flaws in the housing market system, potential reforms, and the role of institutions in addressing the affordable housing crisis.
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Oct 3, 2023 • 22min

A New Smartphone From China Has Washington On Edge

Bloomberg's Peter Elstrom and Mackenzie Hawkins explain why Huawei's new Mate 60 Pro phone is alarming the US government. They discuss the significance of the advanced chip, US restrictions on chipmakers, and the dilemmas for the Netherlands and Japan in navigating US-China relations. The podcast explores China's creative approach to semiconductors, the uncertain future for China's chip production, and advancements in semiconductor technology. Overall, it highlights the ongoing US-China tech cold war and the impact on Huawei's smartphone business.
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Oct 2, 2023 • 23min

Despite Recession Fears, Small Businesses Keep Opening. Can They Survive?

Despite recession fears, small businesses have been opening at record rates, driving job creation. The challenges and successes of small businesses in the uncertain economy are explored, including the impact of higher interest rates, labor costs, competition from larger companies like Amazon, and the labor shortage. The podcast also highlights the difficulties faced by a small bakery owner in expanding the business, finding help, and offering competitive salaries and benefits. Despite challenges, there is optimism that small businesses will continue to drive economic growth through innovation and community service.
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Oct 1, 2023 • 20min

Shutdown Averted, McCarthy In The Hot Seat

US averts shutdown, McCarthy faces challenge from far-right Republicans. Discussion on passing stopgap funding bill and potential consequences for McCarthy. Republican internal divisions over support for Ukraine and risk of government shutdown. Delays in House due to Ukraine funding issue. Hosts thank guests and promote upcoming LA event.
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Sep 29, 2023 • 30min

Police Are Tracking Down Suspects With Google User Data

Technology journalists Davey Alba and Julia Love, along with police detective Travis Staab, discuss the use of Google's location data in law enforcement. They explore the process of obtaining search warrants for user data, the value of leveraging Google data in criminal investigations, and the controversy surrounding Google's compliance with warrants. The podcast also touches on the risks of wrongful arrests based on phone location data and the need for legislative reform to protect user privacy.
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Sep 28, 2023 • 21min

Megapaca Is Making Millions Off The Clothes You Toss Away

This podcast explores the success of Megapaca, the top importer of used clothing from the US. It discusses their expansion into the US market, their efficient operations, and their ambitious goal of becoming the world's largest retailer of secondhand clothes. The podcast also delves into the impact of fast fashion on the second-hand apparel industry.
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Sep 27, 2023 • 20min

This Cryptocurrency Wants To Scan Your Eyeball

The podcast discusses Worldcoin, a cryptocurrency project that uses eyeball scanning as a unique identifier. It explores controversy and criticism surrounding Worldcoin, including regulatory concerns and security risks. The potential success of Worldcoin and the importance of trusted data for AI implementation are also discussed, along with the partnership between Worldcoin and Octa for secure login and potential uses.
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Sep 25, 2023 • 25min

US Companies Pledged To Improve Workplace Diversity. And They Have

US companies have made progress in improving workplace diversity after pledging to address racial disparities. The podcast explores the challenges in obtaining diversity data, maintaining diversity during layoffs, and the future prospects of workplace diversity. It discusses the use of AI and trusted data, as well as the impact of external pressure on increasing board diversity.

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