Organized Retail Crime & AI: Bad for Humanity? 5/18/23

Squawk Pod

May 18, 2023•31 min

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Episode description

Retail shrinkage is hitting the bottom line for major retailers like Target, Home Depot, and Walmart. National Retail Federation CEO Matt Shay explains the theft and organized retail crime that amounted to nearly $95B in 2021 and is likely to cost retailers even more this year. Anti-Defamation League CEO Jonathan Greenblatt discusses ethical and responsible AI innovation, including protecting children and effective regulation. Plus, Greenblatt considers Elon Musk’s opinion on free speech and on the negative impact that AI might have on humanity. Plus, Montana is the first state to ban TikTok, and both sides of the aisle are working to avoid a default in DC.

In this episode:

Jonathan Greenblatt, @JGreenblattADL
Matt Shay, @NRFnews

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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