The Crypto Market and AI's Impact on Jobs
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 15 June 2023
⏱️ 42 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde and Ed Ludlow break down the state of the crypto market and how artificial intelligence is changing the labor force. Plus, how Silicon Valley is playing catch up with Microsoft in the AI space.
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Transcript
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| 0:00.0 | Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st. |
| 0:09.0 | Take part in solutions driven discussions on how to drive business value and unlock opportunity |
| 0:14.8 | while remaining nimble in times of change and greater ESG accountability. |
| 0:19.5 | Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore. |
| 0:24.0 | That's Bloomberg Live.com slash sustainable Biz Singapore. |
| 0:28.0 | From the heart of where innovation, money and power collide in Silicon Valley and beyond, |
| 0:36.0 | this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. Blood Lo. I'm I'm Caroline High. |
| 0:44.0 | I'm Caroline Hyde at Bloomberg's world's headquarters in New York. |
| 0:57.0 | And I'm Ed Ludlow in San Francisco. |
| 0:59.0 | This is Bloomberg Technology. |
| 1:01.0 | Coming up, we'll discuss the state of the crypto market. |
| 1:04.0 | Jack Manners is with us, the CEO and founder of Bitcoin Payment App Strike. |
| 1:07.2 | And we'll look at how artificial intelligence is changing the labor force, especially for |
| 1:12.4 | the heavy-hit tech industry which has |
| 1:14.0 | already lost 200,000 employees this year due to layoffs. And let's talk more about |
| 1:18.9 | AI. We'll break down the Bloomberg big take on how Silicon Valley is playing catch up with |
| 1:23.4 | Microsoft when it comes to the dominance in artificial intelligence. |
| 1:26.7 | That says the tech giant nears a new record high. A stock I know you're going to be |
| 1:31.6 | diving into Ed but first let's go a little bit broader to two crypto lenders |
| 1:35.4 | There links in South Korea. They've halted withdrawals in quick succession |
| 1:39.3 | sparking of course a deja vu here the turmoil the market faced Celsius for example |
| 1:44.4 | back in 2022 however investors seem to be shrugging off the risk of |
... |
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