It’s not just retirees who depend on Social Security
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 10 February 2025
⏱️ 8 minutes
🧾️ Download transcript
Summary
Social Security, signed into law 90 years ago by President Franklin Roosevelt, is the financial foundation of retirement in America. But it’s not just those getting to retire who feel positive impacts from the retirement benefits — more children living with older adults are benefiting from Social Security too. Also on the show: new tariffs on steel and aluminum imports and a summit on artificial intelligence.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The latest from the AI summit. |
| 0:04.5 | I'm David Bruncatcha. World leaders, tech CEOs, and scientists are in Paris today and tomorrow for a summit on artificial intelligence. |
| 0:12.0 | It's about forging common rules of the road and countries working to get a piece of the AI development pie. |
| 0:18.0 | AI companies are also wondering about loosening some of Europe's AI rules. |
| 0:22.5 | This after President Trump negated some Biden-era rules, Marketplaces Novosafo has more. |
| 0:28.4 | The French government says it wants the AI summit to result in broader access to artificial intelligence through more open-source development and shared data sets. |
| 0:37.9 | France is partnering with India on the summit, a sign that is trying to build a rival nexus of AI power compared to the U.S. and China. |
| 0:45.6 | The French government has lined up more than $100 billion in new private sector investments. |
| 0:51.0 | The summit comes amid a dizzying array of AI developments. |
| 0:56.0 | Deep Seek showed China is nearly caught up to the U.S. in AI chatbot technology. Meanwhile, President Trump in one of his |
| 1:01.0 | first acts in office, reversed AI safety rules set by the Biden administration. Those rules were |
| 1:07.1 | focused on setting testing standards for certain high-risk AI systems. Now the EU is |
| 1:13.0 | facing pressure to loosely enforce its own landmark AI regulations passed last year. They |
| 1:18.9 | include prohibitions on social scoring systems and risk management requirements. I'm Novosafo |
| 1:25.2 | for Marketplace. President Trump told reporters yesterday he will announce new taxes on steel and aluminum imports today. Mexico, Canada, and Brazil are the biggest exporters of these metals to the U.S. Marketplaces Nancy Marshall-Gensur has that. |
| 1:40.7 | Trump told reporters the 25 percent tariff would apply to any steel or aluminum coming into the U.S. |
| 1:46.8 | He didn't say when the new tariffs would take effect. It's also not clear how the new tax would |
| 1:52.0 | apply to China if it would be on top of the tariffs already in effect on Chinese imports. Julia |
| 1:57.6 | Coronado is president and founder of macro policy perspectives. She says |
| 2:02.0 | U.S. industries that use a lot of steel like construction and manufacturers of planes and cars |
| 2:07.4 | would be hit especially hard by steel and aluminum tariffs and would probably pass some of the |
| 2:13.1 | cost along to their customers. Some of it gets offset by currency adjustments. Some of it gets absorbed |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.