Building Back Better with Pete Buttigieg; An AI Future with Fmr. Google CEO Eric Schmidt

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 2 November 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Lawmakers in Washington continue to debate the spending bill and infrastructure plan. Transportation Secretary Pete Buttigieg discusses gridlock on the Hill, the Build Back Better Plan, and President Biden’s plans for a fairer tax system. Former Google CEO and Executive Chairman Eric Schmidt discusses his projections for an AI-enabled future in his new book, “The Age of AI and our Human Future.” Schmidt weighs in on Facebook’s Meta rebranding and the digital world’s impact on human society. Tesla’s deal with Hertz isn’t quite sealed yet, Elon Musk is recalling over 12,000 vehicles, and Amazon-backed electric vehicle company Rivian is seeking a market valuation of nearly $55 billion in its upcoming IPO. In this episode; Pete Buttigieg, @PeteButtigieg Eric Schmidt, @ericschmidt Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squack Pod.
0:06.0	I'm C. NBC producer Zach Valisei.
0:08.0	Today on our podcast.
0:10.0	Two deals, one big headache on the hill, Biden's spending agenda, building back better, and a fairer tax system.
0:19.0	With Transportation Secretary Pete Budajevich.
0:22.0	When a firefighter's paying more, not just in percentage terms, but literally in dollar terms,
0:27.0	then some of these giant corporations, you know something's off, we're working on that.
0:31.0	And AI's next wave, with Eric Schmidt, former CEO and Executive Chairman of Google.
0:37.0	This new generation of AI over the next decade or two is going to be an
0:42.0	ethical change in human experience because we've never had
0:44.4	another intelligence that's human-like that's not human. Those stories plus
0:51.5	it's electric. Hertz's deal with Tesla and it's equally charged up CEO.
0:56.0	This is basically Elon saying no, we don't need your business because we've got more demand
1:00.4	than we can possibly fill right now.
1:02.0	It's Tuesday, November 2nd, 2012. more demand than we can possibly fill right now.
1:03.0	It's Tuesday, November 2nd, 2021.
1:05.8	Squawk Pod begins right now.
1:08.1	Stand back you by in three, two, one,
1:10.9	fuel brief. Good morning, everybody. Welcome to Squawk. two one, he was three.
1:12.8	Good morning everybody.
1:14.1	Welcome to Squack Box here on C.M.
	...

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