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From Corporate Lawyer to Peloton Fitness Instructor
Bloomberg Originals· 2025-09-30 16:01
You worked at one of the most respected law firms. So, explain to me like when is the moment that you look in the mirror and say, "I'm at a great law firm. I have a great career, great trajectory, young lawyer, doing well. I want to go do something else." Most people would think that's crazy. Well, especially like I don't know.I come from a refugee immigrant family. My dad, you know, grew up in the Bronx and was born in Puerto Rico. My mom is a Cuban refugee.And to think that I would leave something that wa ...
Why Apple Is Behind in the AI Race
Bloomberg Originals· 2025-09-26 08:01
AI Development & Strategy - Apple's initial lead in AI with the acquisition of Siri in 2011 was quickly surpassed by competitors like Amazon and Google [5][6] - Apple's efforts to rebuild Siri, including hiring Google's AI executive John Giannandrea, have faced setbacks, with projects being scrapped [7] - Apple Intelligence, revealed in June 2024, was considered a disappointment, particularly regarding Siri's AI features, impacting the iPhone 16 launch [10][12][13] - Apple is exploring partnerships with companies like Google, OpenAI, and Anthropic to integrate their foundation models into Siri [17] - Apple's caution regarding data privacy limits its ability to train AI models effectively, despite having access to vast amounts of user data [21][23] Financial Implications & Investment - AI shortcomings have negatively impacted Apple's share price performance compared to other tech giants [14] - Apple's investment in AI is significantly less than competitors like Amazon, Google, Microsoft, and Meta, who are investing billions of dollars [20] - Apple's reluctance to invest large sums without guaranteed returns hinders its progress in the expensive and rapidly evolving field of generative AI [19] - Competitors are aggressively poaching Apple's AI talent with lucrative pay packages, sometimes exceeding $200 million over several years [25] Future Outlook & Competitive Landscape - Apple is developing new products and features, including a rebuilt Siri, to catch up in the AI race, recognizing AI's potential impact [27] - Apple risks being overtaken by competitors if it doesn't make significant acquisitions or partnerships to enhance its AI capabilities [28]
The Dark Side of Fast-Tracked Cancer Drugs | Exclusive Preview
Bloomberg Originals· 2025-09-24 21:00
Drug Approval & Efficacy - Half (50%) of approved cancer drugs lack proof of extending survival for approved uses [1] - The pharmaceutical industry's primary motive is generating profits for shareholders [1] - Financial pressures can lead to rushed clinical trials and approvals based on uncertain evidence [2] Treatment & Dosage - Lower dosages can result in less revenue for pharmaceutical companies [2] - A second line of treatment may not always be beneficial for patients [2] Patient Needs & Conflicts - Clinicians and researchers should focus on patient needs, which can sometimes conflict with other factors [3]
The Looming Disaster Under America’s Biggest Oil Field
Bloomberg Originals· 2025-09-23 08:00
Environmental Concerns & Regulatory Awareness - The Permian Basin's oil and gas operations are significantly driving earthquakes, primarily due to produced water reinjection, not hydrofracking [5] - Shallow wastewater disposal, intended to alleviate earthquake risks, is causing leaks and surface flows, indicating a shift in environmental hazards [6][7][14] - The Railroad Commission of Texas was aware of the hazards associated with increased reservoir pressure, including well damage, corrosion, and harm to water sources, yet proceeded with shallow disposal [15] Water Management Challenges - For every barrel of oil produced in the Permian Basin, three to five barrels of toxic wastewater are generated, containing high salinity, oil residue, heavy metals, and radioactive materials [3] - The volume of produced water is escalating, reaching 25 to 30 million barrels per day, exacerbating the water disposal problem [19] - Reusing treated produced water is being explored as a solution to supplement fresh water sources for industrial and agricultural applications, potentially addressing about half of the produced water volume [16][17][18] Permian Basin Significance - The Permian Basin is a major shale oil production area, comparable in size to the combined oil production of Iraq and Kuwait if it were an OPEC member [2] - Over-injection of water from horizontal wells is pushing crude oil through old well bores, leading to leaks and surface contamination [9]
Finland's President on Golfing With Trump
Bloomberg Originals· 2025-09-19 16:00
[Music] Diplomacy is really about two things. It's about state relations and then it's about personal relations and connections. And then I think it's my job to try to connect with people and and I and I hope I I hope I succeed sometimes.You know, I when I was with President Xi, I felt we had a very good and respectful conversation. When I was playing golf with President Trump, we had a really good time. What was President Trump like on the golf course.You played for Yeah. Very talkative. You know, golf is ...
Why Wall Street Loves Oracle Again
Bloomberg Originals· 2025-09-19 08:01
True to its name, only Oracle seemed to see this coming. Oracle is having its biggest jump since 1992. What a blowout quarter for the software company.Maybe the stock of the year. And then just days later. TikTok's US operations is said to be acquired by a consortium including Oracle.Oracle shares spike after its named as part of the consortium. What was going on. This was an old-school enterprise tech firm tickling investors in places only a flashy startup normally reaches.Because Oracle basically said tha ...
Why Finland’s President Isn't Optimistic About Russia
Bloomberg Originals· 2025-09-18 16:00
Geopolitical Analysis - Russia's diminished role in the world is a concern for Putin [1] - Russia's actions in Ukraine are part of a pattern of conflicts with its neighbors [1] - Negotiations to end the war in Ukraine are ongoing, with President Stub potentially playing a key role [1] - The current regime under President Putin is unlikely to change significantly [2] - Russia's historical imperial ambitions, as reflected in Putin's "Ruskimeir" concept, contribute to a lack of hope for Russia's future [3] Political Landscape - Nations that don't address their past struggles to envision the future [2] - Putin's vision for Russia includes one language, one Russia, one religion, and one leader [3]
Is Europe Ready for War?
Bloomberg Originals· 2025-09-17 16:00
Is Europe prepared to go to war. >> Well, I mean, our mentality is that the better you prepare, the less likely you're going to end up in in a war. >> Finland has a larger artillery than France and Germany combined.Despite being a small country with a fraction of the German and French population, per capita, Finland ranks seventh in the world in total military personnel number. We have obligatory military service. So 900,000 men and women that have done it.My son just finished his. I did mine in 1988 and 89 ...
Why Finland's President Thinks Europeans Live in 'La La Land'
Bloomberg Originals· 2025-09-16 18:12
Geopolitical Analysis - Some Europeans are perceived as not fully grasping the realities of the world [1] - The discussion involves an interview with Finland's President Alexander Stubb regarding his views on Europe [1] Content Overview - Bloomberg Originals offers in-depth analysis of business, culture, climate change, technology, finance, and sports [1] - Bloomberg provides business news through exclusive interviews, profiles, data analysis, and tech innovation [1] - Bloomberg encourages viewers to subscribe to their YouTube channel for more content [1] - Bloomberg offers a subscription to Bloombergcom for $199 per month for the first 3 months [1]
Can the Fed Escape Trump’s Control?
Bloomberg Originals· 2025-09-12 08:00
President Donald Trump is reshaping the US government from the inside out, and even the Federal Reserve is a target. Jerome. Too late. I call him too late Powell.I think he's terrible. Some very. Strong words coming from the president.Termination cannot come fast enough. People can say whatever they want. That's fine.This is. Something. Different.And I. Worry about it. The threats to Fed independence that we're seeing right now are real and they're significant.They're under a white hot political spotlight r ...