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Squawk Pod

Gary Cohn & CNBC’s Disruptor 50: Gecko Robotics 6/12/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 12 June 2025

⏱️ 40 minutes

🧾️ Download transcript

Summary

Gary Cohn worked in the first Trump administration as the National Economic Council Director. Today, as IBM Vice Chair, Cohn discusses the state of the economy, the U.S. dollar, inflation, and the Fed’s next move. In India, a Boeing plane crashed, and RFK Jr. tapped eight new members of the CDC’s vaccine advisory panel. Plus, CNBC is out with the 13th annual Disruptor 50 list. 2025’s number 30 on the list is Gecko Robotics; Julia Boorstin and Gecko CEO Jake Loosararian discuss the intersection of AI, robotics, defense, and infrastructure, as well as the company’s latest news: a new funding round. Gary Cohn 17:17 Julia Boorstin & Jake Loosararian 35:16

Transcript

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0:00.0

Bring in show music, please.

0:04.3

Hi, I'm CNBC producer Katie Kramer.

0:07.1

Today on Squawk Pod.

0:09.9

Gary Cohn, a veteran of the first Trump White House, says the U.S. economy is sitting pretty.

0:15.5

The Fed right now is in a pretty, I would say, opportune, lucky, good scenario.

0:21.6

And the Fed, a target of his old boss, may be doing okay, even as tariff policy leads to volatile

0:27.6

markets.

0:28.6

They do admit we're in a restrictive environment right now, but the restrictive environment

0:33.6

doesn't seem to be having a negative consequence on the economy. And climbing robots going where human intelligence won't?

0:42.3

Gecko Robotics is a defense and infrastructure startup now worth billions.

0:46.3

The founder Jake Lucerarian joins us.

0:49.3

The people that are out there gathering information to detect, is this going to fail or not,

0:53.3

whether it's a power plant

0:54.4

or a bridge, someone had fallen and died.

0:56.6

And that inspired me when I was in college

0:58.1

to build a company that could gather information

1:00.4

and data, make it safe, but also figure out

1:02.4

how to build new materials.

1:05.1

Plus, the developing story of a crashed Air India jet,

1:08.4

a Boeing 787 Dreamliner, R. Phil LeBoe, reporting.

1:11.6

A catastrophic loss of power and the ability to get any lift and you have a crash within

1:18.9

basically a minute. It's Thursday, June 12, 2025. Squawk Pod begins right now.

...

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