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The Clark Howard Podcast

4.14.20 Google & Apple working together on contact tracing; Grocery workers at higher risk; Car buying in Covid-19 era; Lending standards are tightening

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 14 April 2020

⏱️ 42 minutes

🧾️ Download transcript

Summary

Google & Apple are working together on a contact tracing app. This could help as we seek to remain safe as businesses reopen around the country. We will still need to up our abilities to test people for the virus. Grocery store workers find themselves at higher risk right now just by going to work. Clark talks about how these workers are being treated. As they put their health at risk, we should be particularly appreciative of their work. Car buying is undergoing a massive shift as buyers want to avoid face to face negotiations at local dealerships. Lending standards are starting to tighten. We saw this in the aftermath of the Great Recession and we'll see tighter standards implemented by many lending institutions in the coming months. Also, you can apply for a PPP loan with Paypal now via this link. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So great to have you here on the Clark Powered Chill where it's all about you and that wallet

0:11.1

of yours.

0:12.1

I want you to be empowered with knowledge so that you can eat more of what you make or

0:17.0

if you've got no paycheck coming in, stretch every dollar you still have.

0:21.7

The hardworking teams at Clark.com and Clarkdeals.com are doing what they can to assist you with

0:28.8

stretching every dollar.

0:31.3

Now I want to tell you something that's going to make you think that this is an April

0:36.5

Fool's joke in mid-April but it's actually true that the two arch enemies of the modern

0:46.4

technology era are marrying their efforts to try to help with coronavirus relief and that

0:55.4

is Apple and Google have gotten together done a joint release on what they're doing

1:04.3

and they have an effort where the Bluetooth built into iPhones and Android is going to

1:11.6

be used as a way of alerting you if someone that you have been near, even somebody you

1:19.0

don't know you've just been near them, test positive for coronavirus.

1:24.8

The setup that Apple and Google are designing has no contact tracing.

1:31.8

In other words, they're not reporting collecting any data on who you are or anything like that

1:38.8

for this effort.

1:41.3

And what's really neat is that if I test positive and I report that to Google and Apple,

1:52.4

what happens is they'll then notify people that they were in fact in close contact, close

2:00.3

enough that Bluetooth would register to someone who's tested positive.

2:05.7

This is a wonderful step forward because one of the hardest things we have is to know

2:13.2

when we're around someone who was symptomless but could spread the virus and we become an

2:19.5

unknowing carrier that could infect those we love or those we're around.

...

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