Fed under pressure on rates
Eric Rosengren joined 'Squawk Box' to discuss whether the Fed is under pressure for rate cuts following the weak jobs report.
Eric Rosengren joined 'Squawk Box' to discuss whether the Fed is under pressure for rate cuts following the weak jobs report.
"Global demand for people is going to decrease. India's share of this decline is less clear, but I am a little pessimistic."
"Users may be hesitant to trust a system whose decision-making process they do not understand."
"Putting an AI system in a small bakery doesn't seem to make any sense at all. ... in a big manufacturing plant it may make a lot of sense."
As companies have gotten better at guarding their front door, cybercriminals are getting better at getting through a side door.
"My calculations suggest that the GDP boost within the next 10 years should also be modest, in the range of 0.93%-1.16% over 10 years in total."
"Investing more thought and more money in sports tech geared toward women's sports can help narrow the gaps and narrow them quickly. "
"What happens when machines come for the jobs not of handloom weavers and autoworkers, but of scriptwriters, lawyers, and even executives?"
Keri Pearlson and George Westerman weighed in on this question: What is one blind spot business leaders have on generative AI now?
"Ethically you don't want people to pay the ransom but from a business point of view you might want to."