Bloomberg Talks

Jensen Huang, Co-founder and CEO of Nvidia, is at the forefront of groundbreaking tech advancements. He shares exciting news about the extraordinary sales of the Blackwell GPU, revealing that cloud availability is sold out. Huang also discusses the anticipated Q3 release of the Vera Rubin platform and clarifies Nvidia's current zero forecast for China, aiming for re-engagement. He tackles export controls, power constraints in AI buildouts, and the enduring agility of Nvidia’s GPUs, highlighting their longevity across different AI applications.

Kevin Hassett, former Chair of the White House Council of Economic Advisers, shares his insights on critical economic issues. He dives into how tariffs are strategically designed to reduce domestic harm while influencing trade deficits. Hassett emphasizes the economic boost from onshoring, driven by tariffs, and discusses the role of AI in productivity growth. He challenges inflation expectations post-COVID, advocating for sustainable wage growth over stimulus checks. The conversation navigates through labor market dynamics and the importance of Fed independence.

Lawrence Wong, Singapore's Prime Minister and Minister for Finance, delves into the complex interplay of economics and geopolitics. He discusses Singapore's balancing act amid US-China tensions and the need for communication to ensure stability. Wong explores ASEAN's unique challenges, the importance of small coalitions in trade, and the fight against wealth inequality. He also highlights Singapore's ambitions as a financial hub and the pursuit of cleaner energy. Finally, he shares personal insights on leadership and the importance of securing a prosperous future for his nation.

Dr. Adam Posen, President of the Peterson Institute for International Economics, shares insights on U.S.-Saudi relations. He explains Saudi Arabia's drive to diversify its economy under Crown Prince Mohammed bin Salman. Posen argues that the U.S. should tie F-35 approvals to meaningful commitments from Saudi Arabia. He also discusses the negative impact of perceived corruption on trust and how domestic priorities should align with foreign policy to enhance public welfare.

Daymond John, the entrepreneur behind FUBU and a Shark Tank investor, shares invaluable insights for aspiring business owners. He discusses how supply chains have evolved, emphasizing the need for resilience and adaptability post-pandemic. John highlights the apparel industry's struggles and the importance of diversification. He also addresses consumer sentiments as the holidays approach, noting the challenges retailers face with pricing. With his wealth of experience, John offers practical tips that resonate with today's entrepreneurial landscape.

David Baszucki, Founder and CEO of Roblox, discusses the platform's new voluntary photo-based age verification system. He explains how it will incorporate facial recognition along with various signals for accurate age estimation. Baszucki emphasizes the importance of safety measures already in place and how these new checks aim to enhance user protection. He also addresses concerns about potential user friction and highlights the long-term benefits for Roblox's growth and advertising strategies, ensuring a safer experience for all users.

In a compelling discussion with Kriti Gupta, former U.S. Vice President Mike Pence shares insights on critical global issues. He emphasizes the importance of protecting U.S. stealth technology amidst potential F-35 sales to Saudi Arabia. Pence also critiques the efficacy of broad tariffs, arguing they could harm consumers and alliances. He advocates for strong U.S. support for Ukraine and cautions against vacuums in global power, endorsing a strategy of 'peace through strength' to confront threats from Russia and China.

Glenn Fogel, CEO of Booking Holdings and a leader in the travel tech industry, discusses the complexities of EU digital regulations and their implications. He shares insights on the burdens of complying with evolving AI rules, the risks of losing competitiveness to non-EU companies, and the challenges posed by restrictive regulations on innovation and job growth. Fogel emphasizes the need for balanced, smart regulations that foster safety while allowing technology to thrive, hopeful for future simplifications that could benefit the travel sector.

Laura Chambers, CEO of Mozilla Corporation, dives into the evolution of web browsers and the rise of AI integration. She highlights the new interest from AI companies in browsers, emphasizing the potential risks to user data privacy. Chambers also discusses the dynamic between standalone AI apps and browser experiences, advocating for open-source alternatives to prevent monopolies. Plus, she unveils Firefox's innovative AI strategy, including SmartWindows, which prioritizes transparency and user control.

Glenn Hubbard, Dean Emeritus of Columbia Business School, shares his insights on AI's role in the economy and the importance of Federal Reserve independence. He discusses the delicate balance facing Fed leadership amid political pressures and the immediate versus long-term challenges of interest rate decisions. Hubbard highlights AI's mixed effects on jobs, its potential to both substitute and complement the workforce, and the urgency of retraining displaced workers to harness its benefits effectively.