{"id":1633,"date":"2014-04-10T09:29:20","date_gmt":"2014-04-10T09:29:20","guid":{"rendered":"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/"},"modified":"2015-06-10T15:26:37","modified_gmt":"2015-06-10T15:26:37","slug":"qa-bloomberg-reporter-aki-ito","status":"publish","type":"post","link":"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/","title":{"rendered":"Q&A With Bloomberg Reporter Aki Ito"},"content":{"rendered":"

[vc_row][vc_column width=”1\/1″][vc_column_text]Bloomberg News reporter Aki Ito has found a sweet spot writing about the intersection of technology and the economy. Based out of Bloomberg\u2019s San Francisco bureau, she covers the Federal Reserve Banks of San Francisco, Dallas, Minneapolis and Chicago, as well as technology-related trends in the U.S. economy.<\/em><\/p>\n

In Depth recently spoke with Aki to discuss her career path and the challenges she faces in her current position.<\/em><\/p>\n

How did you end up covering the Fed \u2013 from San Francisco?
\n<\/strong>
\nA lot of people ask why I\u2019m not in Washington if I\u2019m a Fed reporter, and it\u2019s because power at the Fed is actually pretty decentralized. There are 12 regional Fed banks, and their presidents play a critical role in setting monetary policy. I\u2019m responsible for covering four of them.<\/p>\n

What are the challenges that come with the beat?
\n<\/strong>
\nOne challenge is the time I spend traveling to cover the speeches that these Fed officials deliver. At peak times, I\u2019m in two or three cities in the same week. It\u2019s grueling, but it\u2019s also taken me to places I never would have seen otherwise, like Williston, North Dakota, which is at the heart of the new oil boom right now. I got stuck at their regional airport because the assigned flight attendant didn\u2019t show up and they couldn\u2019t find anyone else to fill in for her. That\u2019s what happens when your unemployment rate is below 1 percent.<\/p>\n

You\u2019ve built out a bit of a niche covering how technology is influencing the economy. How did that specialty emerge?
\n<\/strong>
\nIt wasn\u2019t something I had planned or anticipated ahead of time. Living and working in San Francisco, I was running into a lot of interesting people developing the technology to do things a little differently than before. And as I looked closer, it became clear to me that some of these fairly technical and little-known breakthroughs were changing or had the potential to change the broader economy.<\/p>\n

There were wide implications beyond our Silicon Valley bubble \u2013 the way jobs get allocated in the marketplace with sophisticated computer algorithms, for example, or the kind of work that better and better machines are making obsolete. And if that\u2019s the case, it shouldn\u2019t be just a handful of the world\u2019s best computer scientists and venture capital investors who know about this.<\/p>\n

You\u2019ve written a few trend stories about technology in the economy. Which one that you\u2019ve covered do you think poses the biggest risk to individuals around the world?
\n<\/strong>
\nI think the biggest change is included in my story about automation in the workplace \u2013 how advances in artificial intelligence are allowing machines to do all this work that only humans could do before. It\u2019s just incredible what you can teach computers and robots to do today and how much this technology is already being used across different industries. One study estimated that, in a decade or two, computers and robots could do the jobs that employ about half the U.S. workforce today.<\/p>\n

\u2014\u00a0Lauren Meller<\/a><\/em>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

Bloomberg News reporter Aki Ito has found a sweet spot writing about the intersection of technology and the economy. Based out of Bloomberg\u2019s San Francisco bureau, she covers the Federal Reserve Banks of San Francisco, Dallas, Minneapolis and Chicago, as well as technology-related trends in the U.S. economy.<\/p>\n","protected":false},"author":1511,"featured_media":2543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-1633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","product-news"],"yoast_head":"\nQ&A With Bloomberg Reporter Aki Ito | Bloomberg Media Distribution<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q&A With Bloomberg Reporter Aki Ito | Bloomberg Media Distribution\" \/>\n<meta property=\"og:description\" content=\"Bloomberg News reporter Aki Ito has found a sweet spot writing about the intersection of technology and the economy. Based out of Bloomberg\u2019s San Francisco bureau, she covers the Federal Reserve Banks of San Francisco, Dallas, Minneapolis and Chicago, as well as technology-related trends in the U.S. economy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/\" \/>\n<meta property=\"og:site_name\" content=\"Bloomberg Media Distribution\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-10T09:29:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-06-10T15:26:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/assets.bbhub.io\/media\/sites\/14\/2014\/01\/m96350.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"708\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/\",\"url\":\"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/\",\"name\":\"Q&A With Bloomberg Reporter Aki Ito | Bloomberg Media Distribution\",\"isPartOf\":{\"@id\":\"https:\/\/www.bloomberg.com\/distribution\/#website\"},\"datePublished\":\"2014-04-10T09:29:20+00:00\",\"dateModified\":\"2015-06-10T15:26:37+00:00\",\"author\":{\"@id\":\"\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":\"1\",\"name\":\"Home\",\"item\":\"https:\/\/www.bloomberg.com\/distribution\/\"},{\"@type\":\"ListItem\",\"position\":\"2\",\"name\":\"Q&A With Bloomberg Reporter Aki Ito\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bloomberg.com\/distribution\/#website\",\"url\":\"https:\/\/www.bloomberg.com\/distribution\/\",\"name\":\"Bloomberg Media Distribution\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bloomberg.com\/distribution\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"\",\"url\":\"https:\/\/www.bloomberg.com\/distribution\",\"name\":\"Bloomberg Media Distribution\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Q&A With Bloomberg Reporter Aki Ito | Bloomberg Media Distribution","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/","og_locale":"en_US","og_type":"article","og_title":"Q&A With Bloomberg Reporter Aki Ito | Bloomberg Media Distribution","og_description":"Bloomberg News reporter Aki Ito has found a sweet spot writing about the intersection of technology and the economy. Based out of Bloomberg\u2019s San Francisco bureau, she covers the Federal Reserve Banks of San Francisco, Dallas, Minneapolis and Chicago, as well as technology-related trends in the U.S. economy.","og_url":"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/","og_site_name":"Bloomberg Media Distribution","article_published_time":"2014-04-10T09:29:20+00:00","article_modified_time":"2015-06-10T15:26:37+00:00","og_image":[{"width":1000,"height":708,"url":"https:\/\/assets.bbhub.io\/media\/sites\/14\/2014\/01\/m96350.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/","url":"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/","name":"Q&A With Bloomberg Reporter Aki Ito | Bloomberg Media Distribution","isPartOf":{"@id":"https:\/\/www.bloomberg.com\/distribution\/#website"},"datePublished":"2014-04-10T09:29:20+00:00","dateModified":"2015-06-10T15:26:37+00:00","author":{"@id":""},"breadcrumb":{"@id":"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.bloomberg.com\/distribution\/blog\/2014-04-10\/qa-bloomberg-reporter-aki-ito\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":"1","name":"Home","item":"https:\/\/www.bloomberg.com\/distribution\/"},{"@type":"ListItem","position":"2","name":"Q&A With Bloomberg Reporter Aki Ito"}]},{"@type":"WebSite","@id":"https:\/\/www.bloomberg.com\/distribution\/#website","url":"https:\/\/www.bloomberg.com\/distribution\/","name":"Bloomberg Media Distribution","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bloomberg.com\/distribution\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"","url":"https:\/\/www.bloomberg.com\/distribution","name":"Bloomberg Media Distribution"}]}},"_links":{"self":[{"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/posts\/1633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/users\/1511"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/comments?post=1633"}],"version-history":[{"count":0,"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/posts\/1633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/media\/2543"}],"wp:attachment":[{"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/media?parent=1633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/categories?post=1633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloomberg.com\/distribution\/wp-json\/wp\/v2\/tags?post=1633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}