| Welcome to the Saturday edition of Businessweek Daily, featuring the Everybody's Business podcast. Let us know what you think by emailing the editor. If this email was forwarded to you, click here to sign up. It's pretty much common knowledge that without the explosive share-price growth and data center spending of a handful of tech companies, the US economy would likely be in a tough spot. That imbalance might be alarming on its own, given concerns that the artificial intelligence boom might not lead to corresponding increases in revenue or productivity. If the AI bubble bursts, it could take much of the economy down with it. On the other hand, President Donald Trump's decision to lift export restrictions on AI chips made by Nvidia—as well as those made by Advanced Micro Devices and Intel—offered the industry some relief even if it caused panic among national security policymakers, who characterize it as a dangerous reversal of guidelines that go back to the Cold War. On this week's episode of Everybody's Business, hosts Max Chafkin and Stacey Vanek Smith discuss the potential impact of Trump's decision with Nilay Patel, editor in chief of the Verge. Also, Max and Stacey game out the battle for Warner Bros. Discovery with Lucas Shaw, author of Bloomberg's Screentime newsletter. Netflix and Paramount Skydance are fighting for control of the movie and television studio (with CNN and other cable television channels hanging in the balance). Lucas explains why much of Hollywood is worried about what a takeover of WBD would mean for the movie business, what role Trump might play in deciding who wins and why streaming subscription prices are probably going up no matter what. Listen and subscribe to Everybody's Business on Apple, Spotify, iHeart and the Bloomberg Terminal. |
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