AI in the Heartland & Arthur Brooks: Love Your Challengers 5/10/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 10 May 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Microsoft is investing $3.3 billion in an AI strategy in Wisconsin. Steve Case, co-founder of AOL and chairman and CEO of Revolution, discusses his own investments in projects in middle America and his optimism about big tech’s opportunities for economic growth outside of Silicon Valley. Happiness expert, author, AEI president emeritus, and Harvard professor Arthur Brooks weighs in on the turmoil across American college campuses. He’s optimistic about America’s period after unrest, and encourages listeners to love challenges to their perspectives, and to view the world beyond a good/evil binary. Plus, Chinese EV company Zeekr is ready to IPO, and Target is reportedly scaling back its Pride collections this summer. Steve Case - 12:04 Author Brooks - 24:45 In this episode: Arthur Brooks, @arthurbrooks Steve Case, @SteveCase Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod and I'm C and V.C. producer Cameron Costa.
0:08.0	On today's episode, Microsoft is investing $3 billion into an AI strategy in Wisconsin.
0:17.0	AOL co-founder Steve Case has bet on middle America to grow our economy,
0:22.0	and he says big tech should be doing the same.
0:25.0	We can't just have AI be big tech getting bigger and we can't just have AI being
0:29.3	Silicon Valley continuing to be dominant. And big thinker and happiness professor Arthur Brooks on our
0:36.3	country's future and the cycle of activism among young people.
0:40.9	Activism has gotten more and more and more prevalent on these campuses. on One side is evil.
0:53.0	Plus Chinese electric vehicle maker Zekeer ready to IPO.
0:57.2	Target is scaling back its pride month.
0:59.8	And critics are crushing Apple for its latest iPad ad.
1:04.4	I thought it was a good ad in some ways, but then I understood the backlash.
1:08.4	All those stories and much more today.
1:10.9	Just what's interesting on a Friday. It's Friday, May 10th, and Squawk Pot begins right now.
1:17.5	Stand Becky by in three, two, one, queue please.
1:24.0	Good morning everybody. Welcome to Squawk Box right here on CNBC.
1:27.0	We're live from the NASDAQ market site in Times Square.
1:30.0	I'm Becky Quick, along with Joe Kurnen and Andrew Ross Sorkin and here we go it's a Friday.
1:35.6	Fed speak San Francisco Fed President Mary Daly said yesterday that interest rates
1:40.8	are currently indeed restraining the economy but it may take more time to return
1:46.0	inflation to the Central Bank's goals.
	...

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