Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
I definitely want to talk with that because you've been doing some really interesting stuff there.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
But I do wonder, just on the public market side of things,
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
Again, the fear is less about the infrastructure.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
It's more these hyperscalers are spending so much and maybe they don't have the revenue to back it up.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
And maybe that trickles down into infrastructure.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
Do you see any red flags or do you think public markets are misplaced when you see some of those nerves around this?
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
So I say, just to answer that question, it sounds like the risk is indeed underinvesting, that maybe we're not doing enough.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
Well, first of all, on the power side of things, I know in 2023, you did a deal with Westinghouse, a nuclear energy company, which, by the way, incredible foresight to see just the immense need that we would need for that.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
And then late last year, we also learned that the U.S.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
government is doing a partnership, too.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
How has that partnership evolved?
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
How much has the U.S.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
government, for example, been involved so far since that was announced?
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
A lot of your infrastructure is really important to the United States.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
Have you had talks with the U.S.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
government in other aspects about striking war partnerships?
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
Have you felt any more friction because of your Canadian roots or your cross-border type of business?
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
There had been this fear, and we saw it very present at Davos, that it's a more insular United States and maybe foreign powers.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
And Mark Carney's speech, who I know you know very well, talks about the need of the middling nations to come together.
Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy
Do you feel that flow through?