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Single best idea. We'll be quick about it. On a Monday, sort of an odd Monday to say the least. Some merger activity, but just a really eclectic set of conversations. We did the H one B debate. Boy, we went on both sides, Presidents correct, bring it on American for America jobs, and a whole other side saying, you know what, there's not enough engineers in America for the need, and on we went, That's what we want to do is
generate the conversation around some of these seismic events. Waylee was in with Blackrock, I asked her just the mathematics dynamics of the massive capex in artificial intelligence.
I would say that actually, it's remarkably hard to get precise number written an investment for these capex because it's quite well hidden and they're not obligated to report them in a very precise form. But I would make the general observation that markets are letting them off the hook right now because it's really an existential build out race.
You're either spending and overspending to stay in the game and stay on the table, or you will be viewed as well, you won't be part of the future mix, right, So I think markets are giving these tech companies some leeway to spend and overspend. We pay attention to free cash flow as a percentage of free cash flow. It's gone up quite a bit in terms of the kapex spent, but not to a level that they can't afford. Not to mention, they can always having too funding market public
and private to raise additional cash to spend. Right So, you know, like right now, it's still early in this in this journey, and we see all systems go when it comes to AI build out.
Really a black Recers thought that was really wonderful. I do want to say if I go to the Bloomberg terminal in the FA screen, I and I think all of us underestimate the cash generation of these juggernauts. Wayley alluded to that, but it's just jaw dropping to see the ability to raise cash from profit at some of these technology country companies. It was a tree today to have David Weston in the studio, of course, the driving
force of Wall Street Week here at Bloomberg. We talked to him about education, higher education, the struggles of the universities. But they did an audible and he was wonderful. David Weston is the former leader of ABC News. Michael Eisner was out with a blistering critique of Disney and ABC this weekend. Of course, he did so much to further the career of mister Eiger. As an aside, I saw Sarah mcglough from the Canadian singer Songwriter saying she's not
gonna do Lilith Fair project with Disney. Okay, fine. We asked David Weston about this moment for Disney and ABC.
Bob has been a very powerful, very successful CEO, done his way too soon, but is there a real issue here for his long term reputation and brand. I would have to say, as his friend, Yeah, you got a problem, and I don't know exactly how you get out of this. I don't think. I do think is I think Jimmy Kimmel is going to have to sit down with somebody and talk, and Bob Iger is going to have to sit down with somebody, and mister.
Kimmel has to speak with ABC and Disney or talk to somebody else.
They've got to figure out how to deal with the public. I mean, Bob has got to explain what he did at somewhere sometime, somehow, which he doesn't want to do. I'm sure he's got to do.
That, completely unrehearsed and unplanned. David Weston of Wall Street. We here at Bloomberg an event for a week. Here. I have to try to get home in the un traffic for all of us. It's a battle. Some of us. We may sleep under a park bench at Central Park on Tuesday or Wednesday. We're on a podcast Apple and Spotify on YouTube podcasts at single best idea