AI Shopping with Perplexity & Trump’s Picks with Mike Allen 11/18/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 18 November 2024

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

As President-elect Donald Trump quickly reveals his picks for roles in his administration, Axios co-founder Mike Allen suggests what each name means for Trump’s priorities in his next administration. While some picks are surprises, the contenders for Treasury Secretary are predictable, so far. In the AI revolution, platform Perplexity is rolling out a shopping feature to extend user queries from informational to transactional. CEO and co-founder Aravind Srinivas says, successful AI models will start narrowing focus and offering actions, as well as answers. Plus, Tesla stock is surging, Spirit Airlines has filed for bankruptcy, and the NBA and Warner Bros. Discovery have reached a settlement. Mike Allen - 05:39 Aravind Srinivas - 26:57 In this episode: Mike Allen, @mikeallen Aravind Srinivas, @AravSrinivas Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:02.5	Hi, I'm CNBC producer Katie Kramer.
0:07.1	Today on Squawk Pod.
0:08.9	Lining up the players in the next Trump administration.
0:13.1	President-elect Trump doesn't want to rattle the markets.
0:15.7	A new cabinet coming together with speed,
0:18.3	Mike Allen of Axios, on Trump 2.0.
0:21.4	He's going in to do what some people have called the hostile takeover of the government,
0:25.9	and that's the message that these picks send.
0:29.2	And the latest in the AI revolution, algorithms that will answer your questions
0:34.4	and fill your shopping carts.
0:36.5	Rising Star Platform Perplexities, co-founder and CEO Aravind Serenavas is pushing his model ahead.
0:43.3	You need to actually enable actions.
0:45.3	What do you do after an answer?
0:47.3	Purchase a transaction.
0:48.3	So all these products need to get there.
0:50.3	All that today, plus the rest of the news that got us squawking.
0:55.8	It's Monday, November 18th. Squawk Pod begins right now.
1:00.6	Stand Becky by in three, two, one.
1:03.4	Cure, please.
1:05.5	Good morning, everybody, and welcome to Squawk Box right here on CNBC.
1:09.8	We are live from the NASDAQ market site in Times Square.
	...

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