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Your single best idea will go quickly today. We're hoping that you've seen this as a short podcast to fit in with the other longer podcast, I recommend David Gura the Bloomberg. The big take is they just they wont awards. Why don't we win awards? I mean Gurras, the Gura mantle at home. You can't even keep the awards on it. It's getting so heavy. But the big take, look for that out on Bloomberg and squeeze this one in as well. We're gonna go quick here today. We got three conversations
for you. First, we're gonna talk to Terry Wiseman. He's a Macquarie and he's really good at the sixty thousand feet View. We did an audible with doctor Wiseman and we said, okay, forget about global macro, China and all that. How does technology and the technology overlay of America fit into our future.
The investment in technology by these companies is going to continue. I think they are vested in the concept, certainly of artificial intelligence and the productivity gains we're going to benefit from over time. The question is, is all of this investment that they're doing more than is optimal with respect to the productivity gains that are going to come out
of this revolution. The problem is that when we're talking about these technological revolutions, the innovative revolutions, we don't really know in ten to twenty years just how much revenue increases are going to come, just how much GP is going to strengthen, just how much the global economy is going to benefit from these things. So I think the market doesn't like things that are ten to twenty years in the future, and I think with these kinds of revolutions,
that's what we're talking about. We haven't even started to scratch the surface with respect to what the applications of AI are going to be. Is it going to be in biotechnology and pharmacy, Is it going to be in salting, Is it going to be legal, et cetera. People are still we're still in the investment phase, and until we start to see the benefits of this, I think there will always be doubts.
It sounds like the railroads one hundred and thirty years ago. Terry Weisman, rul mcquarie there as well, coming down from sixty thousand feet to six feet. Actually, you know, I was watching the game last night and there's Pat Sajak Wheel of Fortune and all that. Everyone's going mental. Missus Key's going mental. Pat Sajex out there. OMG. Like in the third row at Yankee Stadium one time there was like a foul ball that went over by the first baseline they're in the seventh row. Was Dan Eyes of
Wedbush Securities. We dragged them on after Yankees Dodgers, and we said to Dan Ives, just simple here, you look at Microsoft, you look at All give us an update.
I think will Fortune's bullsh it is specifically for Amazon on the cloud side. I think that's going to be the upside there as well as advertising and for Apple. You know, as we've talked about, this will be a better than expected iPhone number, and I think optimistic in terms of cook go into what I believe is just going to be a monster December holiday season for iPhone sixteen.
AI driving that Dena, it's a web Bush. He said the game was painful. Well he's a Mets fan, but he said it was New York painful for all of you follow the Dodgers. What a victory. Just absolutely joy to watch. All of this baseball here. Finally, the thing about Joe Matthew. That's great. We're talking Terry Wiseman sixty thousand feet. Matthew can go sixty thousand feet presidential who's going to be at the inauguration in January. But he also can go incredibly granular on the political process. I
love how he talks about the word political practitioners. From the balance of power, Joe Matthew, we.
Like to talk to practitioners more than we'd like to talk to partisans. And the people who were actually in the field who are talking to people are the ones who really don't have a sense of what's going to happen, and they're very concerned that the sample's broken because polls are based on the last election, the curve things, the algorithm that they put on these numbers, and so Nate Silver put it best today. If you want to talk about somebody who's the French here, Trump and Harris, he wrote,
are a polling error away each from a blowout. This could go five points in either direction on the presidential level. On the House level, it could go five seats in either direction. And that is why next week is going to be such a slog.
Joe Mathews just extraordinary. Look for our election coverage. We're gonna do that really all day Tuesday. Balance of Power will be there and of course starting in the evening as well. And then at seven pm Kayleie lines Joe Matthew, John Ferrell driving forward our coverage across the nation in a very long Tuesday night. This has been a very short, single best idea out on Apple podcasts, on YouTube podcasts. It is a single best idea