Bloomberg Markets: The Close 09/15/2023
Professor post tenure Tom Kochan discusses the UAW strike.
Professor post tenure Tom Kochan discusses the UAW strike.
The thornier issue of what and how technology is deployed, Tom Kochan said, is "the frontier of collective bargaining today."
"I think we were at a period of tight labor markets and a growing recognition of workers' desire to have a say in how they work."
"I think they still have another hike in them at some point ... there is still more momentum in underlying inflation than we expected."
Professor David Thesmar recommends reading Gaspard Koenig's "Humus," which he feels perfectly illustrates the moral dilemmas of our time.
TikTok consulted with MIT’s Dr. David G. Rand, whose research has examined how users respond to different types of AI labels.
MIT Sloan should be “aimed at producing people who are capable of making whatever part of the world they may be involved in work better.”
"We need to find a settlement that works for both parties, and works for the consumers, and works for the national economy."
"I compare democracy to an insurance policy. When things go well, you do not need it, but when things go badly, you would appreciate having it."
"In the wise words of a Chinese proverb, 'accompanying the king is like accompanying a tiger.'"