The Crux of Tech Freedoms & Slips in the Supply Chain 02/23/23

Squawk Pod

CNBC

News, Business News, Business, Investing

4.2 • 543 Ratings

🗓️ 23 February 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

In two big tech cases this week, the Supreme Court considers reinterpretations of Section 230, the heart of a “free” internet. Tech investor and Plexo Capital founding managing partner Lo Toney discusses the implications of Gonzalez v. Google and Twitter v. Taamneh, as well as the next big tech revolution: AI. After over two years of pandemic-related shipping disruptions, the supply chain is still under pressure. Executive director of the Port of Los Angeles Gene Seroka paints the current picture of port traffic and cargo holdups. Plus, Elon Musk and California Governor Gavin Newsom have toured a new Tesla HQ, a proxy battle’s brewing at Bath & Body Works, Baidu’s taking on ChatGPT, and investors are worried about the Fed–still. In this episode: Lo Toney, @lo_toney Gene Seroka, @PortofLA Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Melissa Lee, @MelissaLeeCNBC 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 Squackpot.
0:08.0	The age of artificial intelligence, tech investor Low Tony and the revolution that's
0:14.7	only just begun. We're at the forefront of another major shift in technology.
0:19.7	You know we have the internet and we had mobile and now we have AI.
0:23.6	Applications are everywhere even in your news feed.
0:27.0	But I'm starting to use it in all sorts of...
0:28.8	But like what?
0:29.7	Oh my God.
0:30.2	In the column?
0:31.0	I might like the column better.
0:32.4	Have you asked Chappee to write a column for you? In the column, I might like the column better.
0:32.5	Have you asked Chapp Eppet to write a column for you?
0:35.0	And the supply chain's port side,
0:38.0	we're shipping with the port of L.A. head, Gene Serroka.
0:41.0	Cargo is moving away from the west coast. You get three things that
0:44.3	importers and exporters tell me every day. You're too expensive. You've got very
0:48.5	unique labor issues and you're over-regulated.
0:51.5	Plus the fate of the internet in the Supreme Court,
0:55.0	Elon Musk's California Dreamin,
0:57.0	and a fight is brewing at Bath and Body Works,
1:00.0	that at least we'll all smell nice.
	...

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