Speaker Kevin McCarthy, Activision’s Bobby Kotick, & AI Wars 02/07/23

Squawk Pod

CNBC

News, Business News, Investing, Business

4.2 • 543 Ratings

🗓️ 7 February 2023

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

In a this super-sized episode, Speaker of the House Rep. Kevin McCarthy (R-CA) sits with Joe Kernen at the Capitol for an extended interview ahead of President Biden’s State of the Union Address. Speaker McCarthy discusses his political agenda, bipartisan negotiations for the debt ceiling, and America’s geopolitical and economic paths forward. In his first interview in over a year, Activision Blizzard CEO Bobby Kotick discusses his company’s quarterly performance, as well as the stalled deal for Microsoft to acquire the gaming giant. Kotick also addresses ATVI’s $35m settlement with the SEC over claims that the company violated federal whistleblower protections and failed to maintain adequate disclosure standards over workplace misconduct. Plus, AMC is now pricing up tickets for premium movie theater seats, and Google has released its answer to ChatGPT: Bard AI. In this episode: Rep. Kevin McCarthy, @SpeakerMcCarthy Bobby Kotick, @BobbyKotick Becky Quick @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squack Pod.
0:08.0	House Speaker Kevin McCarthy ahead of the State of the Union address.
0:12.0	This is our moment to change the trajectory, to put us back.
0:16.0	You can always count on Americans to do what's right.
0:18.0	The Republican leader on the President's economic agenda and their stalemate over the looming debt ceiling.
0:24.4	Every time that we have actually had real fiscal reform, it came in a negotiation with a debt
0:30.0	ceiling.
0:31.0	Activision Blizzard CEO Bobby Kodak on the gaming giant's stalled deal with Microsoft
0:36.5	and the power of players.
0:38.7	The power of phones is extraordinary.
0:40.8	And we've gone from tens of millions of customers to hundreds of millions of customers just because of the popularity of phones.
0:47.0	Plus, movie seats getting pricier. What will they charge for next?
0:51.0	Go with the bathrooms there too then.
0:53.4	Adam Arran, go ahead.
0:54.9	And welcome to the AI Wars, Google
0:57.8	releasing an artificial intelligence chatbot.
1:00.4	Bard implies a poem. Isn't it the Bart in San Francisco isn't the subway system?
1:05.0	No, that's the Bart.
1:07.0	It's Tuesday, February 7th, and a super-sized Squack Pod from New York and the nation's capital.
1:14.4	And it's very hard to find any objective truth anymore.
1:17.8	Watch squawk box for, how's that?
	...

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