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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240713

Carol and we hit the red carpet to celebrate the bloomberg 50. It is our annual list of those people whose 2019 measurable accomplishments stand out. Jason all of that still ahead. But first off, the worlds biggest ipo. We are talking saudi aramco. Shares surge to a market value of 2 trillion. That magic 2 trillion come at that peak. Carol a culmination of a fouryear effort from the kingdom. Our correspondent is in london to talk about this. A lot of questions. Now it is publicly traded and it it is an ipo, a publicly held company, but it is only a small 1. 5 that is out there in the public in terms of the company. Nini it is. The ipo has not turned out the way they expected it to happen. If you remember back to 2016 when saudi arabia initially announced plans for the ipo, the plan was to sell as much as 5 of the company. More importantly, what we have to look at is what was the purpose of the ipo. The ipo was seen as a means of diversifying saudi arabia away from its oildependent comp

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240713

Huge Public Health crisis. Carol and aramcos mega ipo is finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed viewed as a stepping stone to driverless cars. But there is this big ethical dilemma. With autopilot, which is viewed this cover story is an ethics course of how do we get there . Tesla is already doing this in real time with autopilot, and other companies have been not quite as bold as what tesla has chosen to do. Carol joel, dilemma is right. The more miles we get on the road with something, the better. There is so much data involved in making this better, but in the interim, youre going to lose some lives. Joel thats right, that is the moral calculus that we are living in right now b

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240713

Carol welcome to Bloomberg Businessweek. Im carol massar. Jason and im jason kelly. We are here inside bloomberg headquarters in new york. Carol this week, turkey launches a major offensive in syria, and President Trump says the United States will not stand in the way. The surprise announcement heard around the world, and the not so surprising winner in all of this. Jason plus, vaping closer to home. How juul took on big tobacco and is caught in the middle of a Huge Public Health crisis. Carol and aramcos mega ipo is finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed viewed as a stepping stone to driverless cars. But there is this big ethical dilemma. This cover story is an ethics course of h

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240713

Surprising winner in all this. Jason plus, vaping. Closer to home. How juul took on big tobacco and is caught in the middle of a Huge Public Health crisis. O isl and aramcos mega ip finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed as a steppingstone to driverless cars. But there is this big ethical dilemma. This cover story is an ethics course of how do we get there . Tesla is already doing this in real time with autopilot, and other companies have been not quite as bold as what tesla has chosen to do. Carol joel, dilemma is right. The more miles we get on the road with something, the better. There is so much data involved in making this better. But in the interim, youre going to lose some

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20240713

Jason plus, vaping closer to home. How juul took on big tobacco and is caught in the middle of a Huge Public Health crisis. Carol and aramcos mega ipo is finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed towed as a stepping stone driverless cars. But there is this big ethical dilemma. This cover story is an ethics course of how do we get there . Tesla is already doing this in real time with autopilot, and other companies have been not quite as bold as what tesla has chosen to do. Carol joel, dilemma is right. The more miles we get on the road with something, the better. There is so much data involved in making this better, but in the interim, youre going to lose some lives. Joel thats right,

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