, who's the man looking at the future of motoring on behalf of the global management consultancy mckinsey. and two of the industry's biggest players willjoin me. david liu, the man behind america's plus. it makes software for autonomous trucks. and also chrissy taylor, the big boss of the biggest car rental company in the world. that's enterprise mobility. so let's start our engines for talking business in 2025. wherever you're watching, welcome. now, we might think autonomous vehicles are a relatively new idea, but take a look at this. the totally automatic car. no driver at all. more than 50 years ago, in 1971, the bbc showed how autonomous — or driverless — vehicles, could work on the uk's roads. but as we know, early predictions have failed to meet expectations. so why has it taken so long? well, in cities like beijing, in china, and in san francisco, phoenix, la and austin, in america, you can actually order a driverless cab and a car will come to pick you up. mike johns was one of those passengers. he's someone whose job it is to look at how the future of humans and tech will work t

sven smith, chair at mckinsey global institute.ore we let you go, here are the four things to get you up to speed ahead of the open on wall street. on the economic front, we'll get new home sales data and the dallas fed manufacturing survey as well. in terms of earnings, we'll get numbers from at&t today with big tech set to dominate the headlines later this week. central bank policy decisions are another key topic for the week ahead, with the fed starting its two day policy meeting tomorrow. and on the corporate front, the wall street journal is reporting activist investor and core holdings in. ted intends to rally shareholders around the plan to oust u.s. steel's chief executive. and the final look on us futures. this on a very important day for markets we are seeing today. it's likely to be a negative start to the trading day on wall street. let me show you one of the reasons why we have magnificent seven under pressure. after investors are focused on this. these developments from deep sea. that is it for today's show. i'm silvi

and then get an update mckinsey immune system and then kicks into action, releasing pro inflammatory. it's assigned to kinds of type messenger molecules that say he's on. so that's enough. now we've had enough information on time to stop on my it's normally saying stay in balance these into a lot, but with chronic inflammatory ball diseases comes, an imbalance occurs, then the bodies thinks it needs to create inflammation, but then it doesn't regulate it anymore. yet that leads to inflammatory response in the body, which can have a fixed on every level since the god has such a significant influence was 9 times if you like. what are the insidious thing about our chronic inflammatory bowel disease? like all sort of colliders 6 is that you might feel good for 3 or 4 or even 6 weeks . or then you have a flare up. i could wish to have your diarrhea pain blood in the school and so on. and every time you get through a flare up, you're essentially symptom free afterwards. and that's what's tricky most the time to if you tell yourself, i'll just get through this and then i'll feel ok again. if

>> i mean, how many mckinsey reports do we have to cite about the value and power of a diverse workforceleadership team? so we know that's the truth. we know that to be the case. so the what we are seeing here is witness are witnessing here is a capitulation to a white nationalist agenda. and i want us to stop dancing around this, chris, we need to understand what we're confronting. we need to understand what the tattoos mean on pete hegseth. we need to understand what this particular decision is, is actually revealing. crt, die, woke. all of this is aimed at cultivating and stoking white grievance. and if we keep dancing around it, then and keep capitulating to it, we're going to find ourselves, shall. >> we. >> say, harkening back to the days where people like me supposedly knew our place and people like you, chris. >> peter, is. this likely. >> just the start of dismantling diversity initiatives of all kinds in all levels of government? >> well, yeah, i think that donald trump has made very clear that for him, dei is now up there with immigration as one of his central, you know, villa

mckinsey and company. very similar to the pew research institute. they did.y ran some research when this really became a lightning rod issue during the 2024 election. and they asked the question, who who has benefited the most off of dei practices around corporate america? and overwhelmingly white women and military veterans who are overwhelmingly comprised of white men have benefited the most. but the talking points have been that it is a racial issue, that it is an issue that is discriminatory, which is counterintuitive to what these measures were put in place to do so. ultimately, no, i do not think it is irreparable. no, i do not believe that we should just lay down and allow these executive orders to scare us from moving towards the purity and the spirit behind equity and inclusion practices. by no means, because administrations will come and go. jfk signed affirmative action as an executive order, very similar to what we've seen this past week with the trump administration. and we have seen how it has ebbed and flowed across administrations. and i belie

research of the effect of dei, for example, in business from the massive research and consulting firm mckinsey shows. and i'm quoting here, a strong business case for ethnic diversity is consistent over time. they've done these studies over and over with a 39% increased likelihood of outperformance for those in the top quartile of ethnic representation versus the bottom quartile. in other words, it is helping businesses compete and do better. what do you say to proponents of dei who point to the simple statistics and say, look, having a racially and gender diverse workforce is actually good for business? >> look, that's that's their it's their right to have. >> that viewpoint. the problem comes with with the law, because the plain text of the civil rights act of 1964 prohibits large businesses from discriminating against potential racial hires, and people have been ignoring the plain text of the law. even judges have been ignoring the plain text of the law. but at some point, there has to be a kind of consistency in american public policy, not only for the sake of the law itself, but for the s

system, not just update the software, suggest management skill changes like they're accenture or mckinseyan make that happen. what if musk gets bored? i mean, sure, starlink needs government help to take big telco contracts. tesla needs trump to greenlight the federal interstate highway system as designated hands free self-driving zone, including maybe for trucks. no surprise there, but maybe it's not enough. at the end of the day, it's hard to get the richest man in the world to do something he doesn't particularly want to do. we need more big prizes or more commitments that can't be broken, and we need them now, or none of these initiatives will amount to anything. so mr. trump, keep them in the game. the billionaires can get something done. business as usual means more money is spent while entrenched interests dig ever deeper. there are a lot of things going on that you may or may not like, but the one show that can't be canceled. cleaning up our country's heinous balance sheet. we got a unique chance to pull it off here, because the billionaires genuinely don't care about upsetting th

jonathan: as for the supply-demand balance, let's strip out the mckinsey.apacity and demand so we can charge higher fares, right? lisa: basically because boeing has not been able to deliver the airplanes there has been a robust demand for airbus and you end up in association where they can charge. they have the luxury of charging more and not having any competition. that is expected to change through the second half of this year. that is probably a good way to put it. jonathan: how packed is the delta airlines lounge these days? lisa: i don't know. i wouldn't know. i have not been an adult to lounge in a long time. jonathan: your focused on work. -- you are focused on work. lisa: i don't have access anymore. jonathan: fix that. delta up now by .1%. fire fighters making progress in controlling wildfires across los angeles. the canyon fire is now 35% contained an pacific palisades blaze showing early signs of control. the death toll has climbed to 10. lisa: is a huge tragedy unfolding. a lot of people starting to put into wrong numbers what type of damage thi

and so of the the policy chief we will be working with is kunal modi who's been with mckinsey has has a lot of community experience through certain boards st anthony's and larkin street youth to name two of them and has a deep passion for really working with people experiencing homelessness, quality of services and you know really making sure that that all the dots are connected so that people get the right level of service and flow through our system in a way that that that best works for folks. right and i think you know, i'm excited about working with him and the opportunity to work with different departments maybe in a different way from what we've done. we do have a lot of collaboration already but there are going to be certain areas that we can dig into with the support from the mayor and the mayor's office to really focus in areas where we all i think agree that we need to lean in more. so that's the exciting thing. i think we also know that mayor lori has inherited a giant deficit and so he on the first day said there will be a hiring freeze and that you know, everybody needs