Labor Is Moving Towards Obsolescence, Henry Kaufman Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 26 October 2017
⏱️ 30 minutes
🧾️ Download transcript
Summary
Henry Kaufman, president of Kaufman & Co., says robots will replace human labor. George Friedman, chairman of Geopolitical Futures, says it doesn't matter what President Trump wants, NAFTA will ultimately be decided upon by Congress. Finally, Arthur Levitt, former SEC chair, says a single, global model for market research would be spectacular.
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| 0:00.0 | To me, context is about pattern recognition. |
| 0:02.8 | It's connecting the dots. |
| 0:04.4 | It's giving readers an ability to synthesize |
| 0:07.6 | a number of different perspectives |
| 0:09.2 | so they can understand how the greater whole works, |
| 0:12.0 | because nothing really occurs in isolation anymore. |
| 0:14.4 | I'm Tim O'Brien and I'm the senior executive editor at Bloomberg Opinion. |
| 0:18.0 | On our platform, we ask tough questions and solve complex problems with the facts in mind. |
| 0:23.0 | Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura. |
| 0:44.7 | Daily, we bring you insight from the best of economics, |
| 0:47.8 | finance, investment, and international relations. |
| 0:50.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course on the Bloomberg. Henry Coffman with us now in our Bloomberg 1130 studios, formerly with Solomon Brothers, he's the author of the book |
| 1:06.4 | Tectonic Shifts in Financial Markets, People, Policies, and Institutions. He's the present of Henry Coffman and Company. |
| 1:12.4 | Great to see you once again. |
| 1:14.4 | The waiting continues here. |
| 1:16.2 | We await a decision from the president on who will be the next |
| 1:19.0 | a Fed share. |
| 1:19.5 | Perhaps it will be Fed Chair Janet Allen renewed for a second term. |
| 1:22.2 | Perhaps it will be someone else. |
| 1:24.2 | What should a President, what should a Treasury Secretary, what should a Chief of Staff be |
| 1:27.0 | considering at this point as they make this decision as they pick the next Fed cheer? |
| 1:31.9 | What should they be considering broadly speaking? |
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