Schwarzman on Ethics of AI, China, Trump, Private Equity Deals

Stephen Schwarzman discusses his philanthropic efforts, particularly in AI ethics and humanities at Oxford. He addresses global politics, trade policies, and economic strategies, emphasizing the importance of core values and fair competition. Schwarzman also highlights his educational contributions and Blackstone's growth strategy, while providing insights into the economic outlook and necessary policies.

What is the primary focus of the faculty hub funded by Stephen Schwarzman at Oxford?

• To advance medical research

• To tackle ethical questions on AI

• To promote sports and physical education

• To develop new engineering technologies

Why does Stephen Schwarzman believe Oxford is well-suited to address AI's ethical implications?

• Due to its top-ranked humanities and philosophy faculties

• Because of its strong engineering department

• Due to its collaboration with MIT

• Because it has the largest AI research center

What is a key concern regarding AI that Stephen Schwarzman highlights?

• The development of new AI technologies

• The displacement of workers globally

• The increase in global trade

• The potential for AI to create new jobs

What is Stephen Schwarzman's stance on free trade?

• He supports protectionist policies

• He advocates for fair competition and open markets

• He believes in increasing tariffs

• He supports isolationist economic strategies

How does Stephen Schwarzman view the current US-China trade negotiations?

• As a resolved issue

• As a situation that needs presidential intervention

• As a minor economic concern

• As a non-issue for global markets

What is the purpose of the Schwarzman Scholars program in China?

• To develop new AI technologies

• To teach Chinese students about Western politics

• To educate Western students about China

• To promote Chinese culture in the West

What is a significant challenge faced by Deutsche Bank, according to the discussion?

• Lack of investment opportunities

• Profitability issues in consumer banking

• Excessive growth in the investment sector

• Over-reliance on technology

What strategy does Blackstone use to manage its growth?

• Increasing the size of existing funds

• Reducing the number of transactions

• Diversifying into new ideas and funds

• Focusing on a single large fund

What economic policy does Stephen Schwarzman suggest could benefit the US economy?

• Implementing new tariffs

• Resolving trade issues

• Raising interest rates

• Increasing fiscal deficits

What is a potential outcome of resolving trade issues, according to Stephen Schwarzman?

• Increased economic uncertainty

• Greater confidence in economic stability

• Reduced global trade

• Higher interest rates