Bloomberg Technology
CPI Print and Google’s Antitrust Defeat | Bloomberg Technology
Bloomberg’s Caroline Hyde and Ed Ludlow break down the CPI print and the impacts of the inflation reduction act. Plus, Alphabet loses its antitrust fight with Epic Games, and space surveillance startup True Anomaly raises $100 million. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology”…
Bloomberg Technology
AI Chip Startup Etched Aims to Take On Nvidia
AI chip startup Etched raised $120 million to expand manufacturing of its specialized chip that it boasts will rival Nvidia’s products. Etched CEO Gavin Uberti joins Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…
Bloomberg Technology
Will #ai end poverty or create more problems? #technology #shorts
Sam Altman sees a future where AI and universal basic income can end poverty. But in the background, his sister struggles with homelessness. In this episode of Foundering, we look at his proposal for a new social contract. Listen now: Like this video? Subscribe: … Get unlimited access to Bloomberg.com for $1.99/month for the first…
Bloomberg Technology
Nvidia’s Slide and Apple’s EU Fines | Bloomberg Technology
Bloomberg’s Ed Ludlow breaks down Nvidia sliding for a third consecutive day and wiping out $400 billion off its market cap. Plus, Apple faces billions of euros in fines over its App Store rules under the EU’s Digital Markets Act, and car sellers warn of a possible material hit from the CDK cyberattack. 08:09 Wealth…
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@quippy8402
December 12, 2023 at 6:17 pm
It is not just a perception; the wage growth has been basically negative over an extended period of time if one properly takes into the account of inflation, even when it looks nominally positive.
@indianapapi
December 12, 2023 at 7:13 pm
Most raises do not beat inflation, so a person never feels like they are getting ahead. I agree with you.
@mikeshaunnessey9303
December 12, 2023 at 7:33 pm
Pre-pandemic wages have been eroded by the last two years of inflation. So wage earners are still far behind.
@mikeshaunnessey9303
December 12, 2023 at 7:36 pm
Decreasing inflation means prices are still going up, not down. Deflation is prices going down. Take an economics class.