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Single best idea over the weekend, without question. AI was the chat du jour, the idea of belief in it, disbelief in it, mystery getting to the June ten meeting. Mark German out of power On. Subscribe to power On. It's a Bloomberg newsletter, hugely informative with all the industry contexts of Mark German can't say enough about it. German Publishing on the importance of all this, so we thought
we'd do a single best idea. Amanda Agatti P and C Financial usually measures she likes US over international, big stocks over small Here is Amanda Agatti on a I.
I think the key as it relates to AI is that it is not just one stock AK and Video. I mean, we are big fans of Nvidia, but the story goes so much further than just one stock or one industry. I think the key, really, the Secular Bowl theme is really across the market and across sectors and industries. Any company, no matter how big or small, that can leverage that technology to enhance their processes and enhance profitability is going to win. And I think that's why some
of the game is really changing. You're seeing utilities move pretty dramatically. It's such an odd AI play, but that's a good example of what we're thinking about much broader base play.
Wellman A got APNC, lots of conversations on this today, and you know, this is a really sprightly you know, Tuesday after Memorial Day weekend set of voices today. Ani Agrana out of Chicago with Bloomberg Intelligence, I thought was really great going from his expertise in cloud over to the appropriation or allocation I should say a better word, the allocation at capital. Ani Agrana, who's truly expert in this, is adamant there's no downside to this big expend of
capital on technology in America. That's a heated debate. There's a lot of people that push against that. Groan excuse me, anirak ron I guess man, I didn't get enough tang zero this morning. Antiog Arana really quite heated that there's a huge advocacy here to good use of capital into the boom. To continue my answer as well, it's wrapped around nominal GDP that seems to be doing better than good. Another voice on AI, a different voice than Amanda Agatti.
Mike Green is to simplify huge expertise here with various hedgephones over the years. Mike Green is a wonderful and intelligent voice here on AI. Here Mike Green on artificial intelligence.
The dynamics and AI are really fascinating to me, particularly because of the impact is likely to have in the knowledge economy. The way I describe AI, and I use it extensively, is it's like having an unlimited number of first year investment banking analysts know what they don't know what? Boy, do they work hard right now? As a manager? Right that actually creates conditions under which I suddenly have a workforce that is willing to work for twenty dollars per
month in almost unlimited fashion. Do I need to supervise them? Do I need to make sure that the quality that they're putting out is robust? Absolutely? But this has implications both for my own productivity and for our society. Candidly, I've got three kids who are in the process of coming out of college, all of whom are looking at those first year investments in banking roles and saying, what do I want to be doing?
Right?
Is this the direction that I want to go given that I now have twenty dollars a month competitors.
That is the single best description I have heard of AI. Mike Green there simplify with just a brilliant summation that all of this, and I'm not just talking about chat GPT and what it means for computer programmers, but all of this is basically the integrity of wonderful, well meaning first year investment bankers. And it can be first year in whatever field year in folks, I really really can't
say that enough. But what is going to be the use to so many of us of the wisdom of a first year nurse, a first year doctor, a first year plumber, a first year construction guy. I just really have trouble with us. I think Paul Sweeney feels the same way, and we'll just continue to talk to voices. Is this unwindes. One thing we heard today incredibly important is this Apple Developers conference is crucial for the future
of Apple Ana Agrana, among others. Making clear that the expectations are set so high for Tim Cook in that theme, Caroline Hide and need Ludlow. Of course we'll have coverage of that with Bloomberg Technology. Look for that out to June tenth, that something will continue to weigh on as well. We are on Apple car Play, they're out with a
new software like soon. I'm not sure when it's going to have a whole new improvements to where you literally can talk to your dashboard, maybe catching up with Android. Android Play certainly doing well as well for us. And on YouTube, and I really think it was a shock of the Memorial Day weekend is trying to not so much assess we can assess it, and we're humbled by the response. On YouTube. You go to YouTube, you search Bloomberg podcasts, you can subscribe to Bloomberg podcast to get
all the value out of our conversations. But we're absolutely humbled by it. I can't say enough about YouTube Premium as well. I pay for that myself. They didn't give it to me. YouTube Premium is just a wonderfully clean interface to get all of this good conversation on economics, finance, investment, and international relations on a Tuesday. It's a holiday length and work week. Single best I did sen