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Listen " Dollars & Sense with Pam Cook: Architects of AI named Time's Magazine's Person of the Year"
Episode Synopsis
In today's Dollars & Sense:
The markets are split, with a disappointing Oracle earnings report pulling the NASDAQ down and raising concerns about the timeline for AI investment returns, despite the technology's architects being named Time Magazine's Person of the Year. Meanwhile, San Francisco is hoping to see an influx of cash and excitement by proposing new tax incentives to bring Hollywood film and television productions to the city. On a positive local note, nearly 80,000 California high school seniors are receiving their early Cal Grant eligibility notices, and a Bay Area housing fund has doubled its investment to boost affordable home construction. Moving internationally, Mexico is imposing new tariffs on Asian imports, while NVIDIA is developing software to track the usage of its AI chips due to national security concerns. Finally, a new character from the movie Zootopia 2, the "constantly smiling" Quokka, is driving a massive travel surge to Western Australia. This trend is made easier by a new direct United Airlines flight from SFO, although officials are working hard to balance tourism with preserving the adorable marsupials.
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The markets are split, with a disappointing Oracle earnings report pulling the NASDAQ down and raising concerns about the timeline for AI investment returns, despite the technology's architects being named Time Magazine's Person of the Year. Meanwhile, San Francisco is hoping to see an influx of cash and excitement by proposing new tax incentives to bring Hollywood film and television productions to the city. On a positive local note, nearly 80,000 California high school seniors are receiving their early Cal Grant eligibility notices, and a Bay Area housing fund has doubled its investment to boost affordable home construction. Moving internationally, Mexico is imposing new tariffs on Asian imports, while NVIDIA is developing software to track the usage of its AI chips due to national security concerns. Finally, a new character from the movie Zootopia 2, the "constantly smiling" Quokka, is driving a massive travel surge to Western Australia. This trend is made easier by a new direct United Airlines flight from SFO, although officials are working hard to balance tourism with preserving the adorable marsupials.
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