Brett Bruin
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, and it was a surprise.
We do these reports each quarter, and the first quarter looked at the accelerated adoption of AI and that as a risk.
You know, you were just talking about the risk that the AI bubble bursts.
I think there's also a risk, quite frankly, that companies go too quickly down that AI path and put some distance between themselves and their customers.
But it was in the last quarter, and because of things we saw with Intel, with NVIDIA, with Microsoft, that Trump was finger-pointing, was making demands that, for instance โ Including the CEO of Intel should step down.
Should step down, that ultimately, quite frankly, there was a pressure campaign for Intel to sell over 10% of the company's value to the U.S.
government.
Pretty unprecedented.
A significant intervention in the free economy โ
And yet, you know, at the same time, I think, you know, companies are trying to ingratiate themselves to Trump.
And you're seeing this with the likes of Tim Cook and presenting that glass trophy from a cell phone component to Trump.
You're seeing that in the likes of just last night with the Saudi Prince Mohammed bin Salman hosted at a dinner with Trump.
A lot of the big names in business are.
Are there and yet, Joe, I think we are going to see some consequences from that corporate cozying up to Trump.
I think so, and if you take the other side of the political spectrum, Republicans would be up in arms if you had companies bending the knee to the will and whim of Joe Biden or Barack Obama.
Or Mamdani in New York.
Or Mamdani in New York, and I think it's worthwhile to โ
Ask ourselves, do we want to have companies who are beholden to a political leader, a political ideology?
Because quite frankly, you know, those who advanced Trump's candidacy last year said this was going to be good for the economy.
There is nothing good about companies having to fork over 10 percent of their value to the U.S.