Tim Stenovec

At what point do we move beyond the so-called picks and shovels of the AI trade and start to see the increase in, I don't know, efficiency, the increase in productivity in non-technology companies?

Nancy, if we were talking a week ago, I think we'd have started our conversation focused on the idea of a bubble, maybe concerns about CapEx spending, the hand-wringing that we saw last week over some of these valuations that has seemed to recede just a little bit this week.

But you've been through multiple cycles, and I'm wondering how you view the whole AI bubble talk right now compared to, let's say, the tech boom of the late 90s and bust as well.

So you're not concerned at all about the price of five-year CDSs for Oracle rising to the highest going back to October 2022?

That's not concerning you?

Yeah, those September highs that we saw for Oracle.

I mean, we're down significantly from those, but still up 7.8% over the last year and about 20% so far this year.

Nancy Tangler of Laffer Tangler Investments.

Always good to see you.

Happy Thanksgiving.

Well, Uber is going to begin offering driverless trips in WeRide vehicles around parts of Abu Dhabi.

The new milestone follows the two companies first launching a ride service with safety operators behind the wheel almost a year ago.

They intend to expand their driverless vehicle operating territory in Abu Dhabi and extend their partnership

to Dubai soon.

Well, coming up, holiday shopping season is here and with it, new online scams.

We're going to discuss what to look out for and how to protect yourself next.

This is Bloomberg Tech.

Holiday shopping sales seem to start earlier and earlier, but this year is a Black Friday, and Cyber Monday deals might not be as steep.

Bloomberg opinion columnist Andrea Felstead has a piece out, and she writes that tariffs will cause retailers to offer smaller discounts.

In the quest for deals, shoppers may be tempted to turn to new websites or click ads for deals that turn out to be scams.