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This Week in Business: Daily Summaries Delivered
by The Wharton School
Bringing together top leaders, innovators and renowned faculty from the Wharton School of the University of Pennsylvania discussing topics that matter to consumers and the business world. Hosted on Acast. See acast.com/privacy for more information.
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- 2 days ago12 min
AI Safety Has Reached a Critical Point
AI safety concerns are no longer just hypothetical. As AI systems become increasingly capable, the risks involving cybersecurity, biosecurity and unintended behavior are becoming harder to ignore.Kevin Werbach, Professor of Legal Studies and Business Ethics at the Wharton School, explains the different categories of AI risk and why companies alone may not be able to manage them. Werbach argues that governments need to establish standards and safeguards for frontier AI, drawing comparisons to the way financial institutions are regulated to protect against systemic risks. Hosted on Acast. See acast.com/privacy for more information.
- 1 weeks ago12 min
The Hidden Cost of Competition in the Workplace
Competition can bring out the best in individuals, but can it actually make an entire team worse? New research suggests that rivalry may come with an unexpected cost.Henning Piezunka, Associate Professor of Management at the Wharton School, joins the show to discuss his research examining rivalry and performance through the lens of professional basketball.Using examples like Larry Bird versus Magic Johnson and Kobe Bryant versus Michael Jordan, Piezunka explains why players facing individual rivals may score more while making their teams less effective. He also explores what these findings mean for workplace competition, employee incentives, and managers trying to build successful teams. Hosted on Acast. See acast.com/privacy for more information.
- 1 weeks ago15 min
The Surveillance Challenge Facing Prediction Markets
Prediction markets are exploding beyond elections into sports, geopolitics and major cultural events. But as these markets grow, so does the challenge of detecting insider trading and manipulation.Daniel Taylor, Wharton Finance Professor and Director of the Forensic Analytics Lab, explains how prediction markets have evolved and why their different types of contracts require different approaches to surveillance. The conversation explores sports betting, geopolitical markets, insider information, market manipulation and the role regulators should play in making prediction markets work over the long term. Hosted on Acast. See acast.com/privacy for more information.
- 2 weeks ago15 min
What Strong Growth Means for the Fed and Markets
The economy remains strong, but inflation and higher energy prices could keep the Federal Reserve on alert.Jeremy Siegel, Wharton Emeritus Professor of Finance, discusses the Fed's latest rate increase and why additional hikes may still be ahead. He explores strong GDP and wage data, the effect of rising oil and diesel prices on inflation, and what the bond market is signaling about monetary policy.Siegel also examines U.S.-China trade negotiations, the potential market impact of a reopening of the Strait of Hormuz, and why continued investment in AI could shape corporate earnings and market performance. Hosted on Acast. See acast.com/privacy for more information.
- 2 weeks ago11 min
Why Retailers Are Rethinking Risk
Retailers face a fundamental problem: they often have to bet on what consumers will want before they actually buy it. Could changing who takes that risk transform the industry?John Zhang, Professor of Marketing at the Wharton School, explains why the traditional merchant model puts so much risk on retailers and how the store in store model changes that equation.Zhang discusses how manufacturers can take ownership of inventory, why this model has been widely used in Asia, and how platforms such as Amazon and Alibaba have adapted similar approaches. Hosted on Acast. See acast.com/privacy for more information.
- 3 weeks ago19 min
AI Is Changing Jobs Not Eliminating Them
AI was supposed to eliminate huge numbers of jobs. So far, the reality looks much more complicated.Peter Cappelli, Wharton Professor of Management, discusses new research on how AI is actually affecting the workplace and why the technology is changing tasks more than eliminating entire jobs.The conversation explores AI agents, workplace management, programmers, organizational change, data management and why some of AI’s most valuable applications may involve work that companies simply could not afford to do before. Hosted on Acast. See acast.com/privacy for more information.
- 3 weeks ago11 min
Why More Americans Are Filing for Bankruptcy
Consumer bankruptcies are rising, but does that mean Americans are facing a worsening economy? The answer is more complicated than you might think.Sasha Indarte, Wharton Associate Professor, joins the show to explain what is driving the increase in personal bankruptcies and why today's numbers may actually represent a return toward more normal levels.She discusses the stigma and misconceptions surrounding bankruptcy, the impact on credit scores, what the filing process looks like, and why bankruptcy can ultimately serve as an important financial safety valve for people overwhelmed by debt. Hosted on Acast. See acast.com/privacy for more information.
- 4 weeks ago15 min
The FDNY's Transformation After 9/11
What happens when one of the world’s busiest fire departments faces a catastrophe unlike anything it has experienced before?Gregory P. Shea, Wharton Adjunct Professor of Management, and Author of Rising from Ground Zero, examines how the FDNY responded to the unprecedented challenges of 9/11.Shea explains how the department transformed its psychological support, leadership training, incident management, and collaboration with outside agencies. The conversation explores how the FDNY turned lessons from Ground Zero into lasting organizational change and became an all hazards department. Hosted on Acast. See acast.com/privacy for more information.
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About This Week in Business
Bringing together top leaders, innovators and renowned faculty from the Wharton School of the University of Pennsylvania discussing topics that matter to consumers and the business world. Hosted on Acast. See acast.com/privacy for more information.
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