plus jessica apotheker at the boston consulting group has been taking the temperature of the global workforcewing thousands of workers and bosses about how artificial intelligence is changing work right now. also on the show, our big boss has been working with al for years. he runs bosch. yeah, the european tech and engineering company, which says within the next two years, all of its products will either contain al or have been developed using it. wherever you'rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, for decades, science fiction has been imagining what will happen when the computers take over. it's been the stuff of horror since stanley kubrick's film 2001, a space odyssey showed us the fear of an astronaut whose spaceship had a mind of its own. today, we're long past 2001, and the computers aren'tjust learning — they're also now so smart, they're starting to take jobs. the change ai promises is massive. while both the industrial revolution and the digital revolution changed the world of work, this could be a transformation which i

in china continues where they are live throughout the day speaking with the chairs of the boston consulting groups well as the senior trade policy professor from cornell university. you can get a round up of all of these top stories we have been discussing throughout the show in today's edition of daybreak. you can customize your settings so you only get the news on the industries and assets that you care about. this is bloomberg. ♪ haidi: taking a look at the day ahead for australia and new zealand and awaiting us a sales data for the month of may. that is due out shortly. with taylor swift mania set to give australia's economy set to give -- said to give australia's economy a boost, the popstar has added two new shows. shery: we are seeing the skies again here in new york city turning gray, this, of course, as some of the largest u.s. cities are also under smoky skies. we are talking mostly in the midwest and mid-atlantic states. more markets coming up on "daybreak australia." this is bloomberg. >> our baseline does not include a recession, but it is part of the risk out there. >> it is so unce

that according to research from the boston consulting group, one of the biggest luxury resale marketsg us now is the ceo, maximilian bittner. thank you for joining. i have got to tell all of our viewers out there, i told you this during the break. i use vestiere all the time, i have been using it a lot lately. how do you see consumer behavior change on your platform with inflation, the cost of living pension really starting to hit consumers? >> good morning i think the cost of living crisis or the recession these days has in many ways reflected in the microcosm that is vestiaire not just because of inflation prices have increased but we have been able to push their higher prices almost at will. we have seen an increase in supply on the platform over the last 12 months because we have sellers that are cash strapped and selling items on the platform. we have seen a change in the average price points being sold across the platform, so if you look at it being a global platform there is a whole lot of economic drivers that are being spotted across the whole business. >> when you say change

. >> i take a job at a place called boston consulting group. >> reporter: unsure of making it in musicagement consultant for several years after college while recording and performing at night. it might not have been so better life, he says now, but -- >> honestly, i love making music so much. it's such an inspiring and motivating thing to be able to do, get up in the morning and know you can create something new that did not exist before. i cannot imagine not having that in my life at this point, but i am glad i made the decisions i have made and i am glad life worked out the way it did. ♪ >> reporter: for the pbs news hour, i am jeffrey brown at the wolf trap national park with a performing artist. >>> great interview, and now i know what music i'm listening to all weekend. be sure to turn into washington week later tonight right here on pbs for more analysis of former president trump's historic federal arraignment and watch pbs news week and tomorrow for a look at a new report on what is transforming and mobilizing extremist groups in america. that is the newshour for tonight. on be

and as a result of that, boston consulting group teeome— of that, boston consulting group teeome o— ofon. so if you're it you-e— difficult person. so if you're it you-e it— difficult person. so if you're if you're if you're listening to this— if you're if you're listening to this out— if you're if you're listening to this and you're— if you're if you're listening to this and you're an awkward tersom— this and you're an awkward tersom retoiee— this and you're an awkward person, rejoice because it may be person, rejoice because it may te your— person, rejoice because it may te your tum— person, rejoice because it may be your turn soon. _ person, rejoice because it may be your turn soon. only a few seeuots— be your turn soon. only a few seconds left. _ be your turn soon. only a few seconds left. the- be your turn soon. only a few seconds left. the new book is out. it's winning— seconds left. the new book is out. it's winning rave- seconds left. it's winning rave reviews, out. it's winning rave reviews, umeosomimg— it's winning rave reviews, unreasoning success and how to achieve— unreason

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he has previously amended drink partner at the boston consulting group before it joining the boston -- it's nominate to be controller of the office of management and budget where he served for four years before becoming acting commissioner of the irs in 2013. he began his career at omb in 1997, we welcome. him why don't you go ahead mr. werfel and will have questions. >> chairman wyden, ranking member crapo and members of the committee, thank you for the opportunity to testify on the filing season and the irs budget. i am pleased to report that the irs provided substantially better service to taxpayers during the 2023 filing season. we delivered a strong tax season for the nation. the best in several years. through april 7th, the irs received more than 101 million individual federal returns and issued more than 69 million refunds. totaling about 199 billion dollars. irs employees were able to make substantial improvements this tax season because of the funding congress provided to the inflation reduction act. this funding made a difference. it allowed us to hire more than 5000 phone a

we just spoke with a representative boston consulting group and talked extensively about ai, but coming up we will have a chat with the standard bank chairman, chairman of africa's largest bank. that one you will not want to miss. as well as a little bit later on in the 9:00 hour, we will be talking with noted professor at cornell university, he was just here talking at the world economic forum yesterday about china's urgent need for forceful stimulus through interest-rate cuts or other forms of stimulus, if the economy continues to stumble, and he laid out a cold that beijing needs to kind of outline its plans to boost the private sector, so lots to talk about on this final day, which wraps up here midday here. shery: stephen engle joining us from china. coming up next, the wealth consulting group ceo jimmy lee discusses their strategy and why they expect a surprise to the upside in the second half. this is bloomberg. ♪ christine lagarde: we still have ground to cover. jerome powell: although policy is restrictive, it may not have been restricted enough for long enough. wristing lagard

. >> we were at dinner, it's an off the dinner -- record dinner, we had the ceo of boston consulting groupnd we were talking about energy and permitting reform and how do you get the equilibrium right between new renewable energy and the reality that 80% of american needs are still tied in others. i was just really fascinated by your comment that night particularly given placement of some some of the energy needs around ports. you said, look, you've got to deal with real life. tell our audience about what you believe how to get that energy equilibrium right as we think about infrastructure. >> another thing i faced, and it was very controversial, remember, the atlantic coast pipeline which ultimately dominion had to scrap. i think they spent a couple billion dollars. >> right. >> but put that aside. so we need energy. so as governor i had two projects, one was about $2.6 billion, one about $3.2 billion, manufacturing which i love because i love manufacturing jobs to help in my more rural participants of the tate that were dying -- parts of the state. i lost both of those projects -- i won