Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Products and Account Information

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Tech At Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Instagram
    • LinkedIn
    • Twitter
    • YouTube
  • Products

    • Bloomberg Terminal
    • Data
    • Trading
    • Risk
    • Compliance
    • Indices

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Tech At Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Instagram
    • LinkedIn
    • Twitter
    • YouTube
  • Products

    • Bloomberg Terminal
    • Data
    • Trading
    • Risk
    • Compliance
    • Indices

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • Bloomberg Environment
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg
      Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg
      Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Contracts and Orders

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

Subscribe
Live TV
  • Markets
    Chevron Down
  • Economics
  • Industries
  • Tech
  • Politics
  • Businessweek
  • Opinion
  • More
    Chevron Down
  • US Edition
    Chevron Down
    Subscribe
    Live on Bloomberg TV

    CC-Transcript

    • 00:00THE NBA ALL-STAR TECH SUMMIT AND HE'S GOT A SPECIAL GUEST. CORY: I'M JOINED BY MARK CUBAN. IT'S BEEN A HECK OF AN INTERVIEW. ALTERNATIVE FACTS. DID YOU SEE THE PRESS CONFERENCE YESTERDAY? MARK: YES, I DID. THAT'S DONALD TRUMP. I DO NOT EXPECT ANYTHING LESS. VERY ENTERTAINING. CORY: THE WHITE HOUSE HAS CAPTURED EVERYONE'S ATTENTION. MARK: THAT IS AN UNDERSTATEMENT. HE IS WHO HE IS. WOULD I HIRE HIM TO RUN A COMPANY FOR ME? NO. BUT, HE IS OUR PRESIDENT. AS MUCH AS I PICKED ON HIM -- LET ME GO THROUGH A LIST OF THE POSITIVES FIRST AND THEN WE CAN TORTURE HIM. ONE, HE'S CHANGING THE FTC. I WAS A CRITIC OF OBAMA'S FTC. POR IS NOW RUNNING IT. HOPEFULLY THEY WILL INTRODUCE REGULATIONS SO PEOPLE KNOW WHAT YOU CAN AND CANNOT DO WHEN IT COMES TO TRADING AND OTHER THINGS. I KNOW IT'S NOT POPULAR IN SILKEN VALLEY BUT I'VE BEEN ANTI-NET NEUTRALITY SINCE 2005. THE INTERNET WORKS IN INTRODUCING REGULATION IS NOT GOING TO MAKE IT ANYMORE OPEN OR FREE. I LIKE WHAT HE'S ATTENDING TO DO WITH TAXES. -- ATTEMPTING TO DO WITH TAXES. WE DO REDUCING THE AMOUNT OF PAPERWORK AND REDUCING HER ONCE COSTS, THAT IS THE POSITIVE. WHAT HE'S DOING WITH LOBBYISTS COMMENCING YOU CANNOT BECOME A LOBBYIST IF YOU WORK FOR THE GOVERNMENT, THAT IS GREAT. IF YOU WERE A POLITICIAN CAN THAT WHAT IS ONE OF THE FIRST THINGS HE WOULD DO? I WOULD REDUCE THE AMOUNT OF REGULATION. WE DON'T NEED 75,000 PAGES. WHETHER OR NOT THESE THINGS GET PAST AND HOW THEY ARE IMPLEMENTED, THAT IS A CHALLENGE. I DON'T WANT EVERYBODY TO THINK I'M A FULL-TIME CRITIC AND I DON'T RECOGNIZE THE POSITIVE THINGS THEY'VE DONE, PARTICULARLY WHEN IT COMES FROM A BUSINESS PERSPECTIVE. THERE'S CONSERVATIVE REPUBLICAN CONCEPTS THAT I CAN AGREE WITH. NO, THE DEVIL IS IN THE DETAILS AND YOU HAVE TO BE ABLE TO GET THEM PASSED AND WE WILL SEE WHETHER OR NOT HE DOES THAT. WHAT HE'S DOING SOCIALLY COME IMMIGRATION, THE EPA, WHO KNOWS WHAT IS REALLY WHAT IS NOT, ROUNDING UP IMMIGRANTS THAT ARE LEGALLY HERE -- HIS IMPLEMENTATION AND EXECUTION OF STUFF IS SEVERELY LACKING AND I DON'T THINK IT IS THOUGHT THROUGH. THERE'S 10 OTHER THINGS I COULD GO THROUGH ON THAT LIST. THE BIGGER OVERRIDING PROBLEM IS IN TERMS OF LEADERSHIP AND MANAGEMENT. AND PERSONAL ISSUES FOR HIM. I DON'T THINK HE IS A LEADER. NOW THAT HE HAS WON THE ELECTION, HE IS THE PRESIDENT. HE'S ALSO THE COMMANDER-IN-CHIEF. HE'S ALSO IN CHARGE OF THE FEDERAL GOVERNMENT. THAT IS 4 MILLION PLUS EMPLOYEES. EVERYTHING HE SAYS COME EVERYTHING HE DOES, WHEN HE DOES THE PRESS CONFERENCE YESTERDAY, HE'S NOT ONLY TALKING TO THE MEDIA OR THE PEOPLE WHO VOTED FOR HIM, HE'S TALKING TO 4 MILLION PLUS EMPLOYEES. HE IS SPEAKING AS THE COMMANDER-IN-CHIEF TO THE MILITARY. YOU HAVE TO COME ACROSS AS A LEADER, YOU HAVE TO SHOW LEADERSHIP QUALITIES. IN ORDER TO SHOW LEADERSHIP QUALITIES, YOU HAVE TO BE ABLE TO ADMIT A MISTAKE. ONE OF THE REASONS WE ARE SEEING LEAKS AND SUMMIT PROBLEMS FROM THE INTELLIGENCE COMMUNITY AND FROM THE STAFF, IF THE MAN OR WOMAN IN CHARGE DOES NOT ADMIT OR ACKNOWLEDGE MISTAKES, EVERYBODY WHO WORKS FOR YOU, THEY SEE THE MISTAKE, THEY SEE THE PROBLEM AND IF THE TOP PERSON IS NOT EXCEPTING THE RESPONSIBILITY, WHERE DOES THE RESPONSIBILITY FALL? ON ONE OF THEM. KNOWING THEY WILL GET THE BLAME, THEY ARE LEAKING TO SAVE THEIR OWN -- THE PERSONAL ISSUES, THERE'S NO SELF ACCOUNTABILITY. HE'S A GOOD GUY -- YOU SIT THERE AND TALK TO DONALD TRUMP ON THE PHONE, HE'S PERSONABLE AND NICE, HE WILL LISTEN. I NEVER HAD ANY PROBLEMS TALKING WITH HIM. BUT WHEN IT COMES TIME TO DISCUSS SPECIFIC ISSUES AND TO BE THE CEO OF THE UNITED STATES, HE'S RUNNING AS A BUSINESS GUY, HE'S NOT SHOWING ANY CEO LEADERSHIP QUALITIES THAT I THINK ARE IMPORTANT. YOU HAVE TO BE SELF-AWARE. YOU HAVE TO KNOW WHAT YOU KNOW AND KNOW WHAT YOU DON'T KNOW. YOU HAVE TO BE CONTEXTUALLY AWARE, SITUATIONALLY AWARE. WHEN HE GOES AFTER JOHN LEWIS DURING MARTIN LUTHER KING WEEKEND, THAT IS CRAZINESS. WHEN HE'S HAVING A PRESS CONFERENCE WITH THE PRIME MINISTER OF ISRAEL AND HE STARTS TALKING ABOUT HOW HE WON THE ELECTION AND HIS ELECTORAL VOTE COUNT IN THOSE TYPES OF THINGS, THAT SHOWS A SIGNIFICANT LACK OF SITUATIONAL AWARENESS. THAT IS EXAMPLE FIGHT IN OTHER AREAS AS WELL. HE MAKES NO EFFORT TO LEARN. IT WAS OBVIOUS WHEN HE TALKED ABOUT THE PEOPLE READING NEWSPAPERS, THEY WATCH TV, THEY LISTEN -- IT'S OBVIOUS HE IS AN ANALOG GUY THROUGH AND THROUGH. HE FAMOUSLY DOESN'T USE EMAIL. HE DOESN'T USE A SEARCH ENGINE. HOW COULD YOU NOT USE A SEARCH ENGINE JUST TO LEARN? IT'S EVIDENCED IN THE EXAMPLES HE GIVES AND IN HIS LACK OF AWARENESS OF WHAT'S GOING ON AROUND HIM. THERE'S NO CEO IN HISTORY OF CEOS THAT CAN BE SUCCESSFUL WITHOUT MAKING AN EFFORT TO LEARN. CORY: YOU DON'T THINK HE'S BEEN SUCCESSFUL? IN OTHER ASPECTS OF HIS LIFE? PEOPLE WHO VOTED FOR HIM MAKE THE ARGUMENT THAT HE HAS BEEN SUCCESSFUL IN BUSINESS. MARK: HE HAS MADE A LOT OF MONEY. I GAVE SOME REAL ESTATE EXAMPLES AND IT DID NOT RESONATE WITH HIM. IT'S LIKE DOING A SPREADSHEET FOR A REAL ESTATE INVESTMENT -- IT DID NOT RESONATE WITH HIM AT ALL. BEING SMART AND MAKING A LOT OF MONEY DON'T NECESSARILY GO HAND-IN-HAND. THE ONLY CERTAINTY ABOUT BEING THE PRESIDENT OF THE UNITED STATES IS THE UNCERTAINTY. YOU DON'T KNOW WHAT'S COMING NEXT. YOU HAVE TO MAKE AN EFFORT TO ALWAYS BE LEARNING AND YOU HAVE TO MAKE AN EFFORT TO HAVE AT YOUR DISPOSAL EVERY POSSIBLE TOOL. WHICH INCLUDES TECHNOLOGY. THAT LOOK OF UNDERSTANDING OR GRASP OF ANY TECHNOLOGY WHATSOEVER IS HURTING HIM AND HIS APPROACH. JOBS. FROM THE MOST BASIC COMMON SENSE PERSPECTIVE, HOW COULD IT EVER POSSIBLY BE WRONG FOR THE PRESIDENT OF UNITED STATES TO SIT DOWN WITH THE CEO OF ANY COMPANY AND CONVINCE THEM TO BUILD A FACTORY AND TO HIRE PEOPLE IN THAT FACTORY? IT'S IMPOSSIBLE TO SEE ANYTHING WRONG. ON A MACRO BASIS, WHEN YOU ASK YOURSELF WHAT IS GOING TO HAPPEN IN THAT FACTORY, WHAT TECHNOLOGIES ARE THEY GOING TO USE, WHAT WILL THAT YOUR THEM TOWARDS -- UNLESS YOU UNDERSTAND HOW THE NATURE OF WORK IS CHANGING AND HOW THIS EXHILARATION IS CHANGING AWAY FROM AN FX MANUFACTURING, HOW WE AUTOMATE TEST I'D BE WILLING TO BET THAT EVERY SINGLE ONE OF THESE COMPANIES THAT ARE BUILDING THESE FACTORIES THAT THEY STILL SHOULD DO THEM AND INDIRECTLY, HE'S BENEFITING THOSE COMPANIES ON A MACRO BASIS -- BUT FOR THE WHOLE COUNTRY, EVERY ONE OF THOSE COMPANY THAT WILL BE BUILDING NEW FACTORIES, THEIR NET EMPLOYMENT WILL BE LOWER ONCE THOSE FACTORIES ARE BUILT. THAN HE EVEN ANTICIPATES. CORY: THE NEW FACTORIES WILL HAVE ROBOTS. MARK: THEY ARE PUSHING THEM TOWARDS FURTHER AUTOMATION. IT IS INEVITABLE. THE PROBLEM I'M HAVING WITH IT, HE DOESN'T UNDERSTAND THE MACRO ISSUES. HE THINKS HE IS CREATING MORE JOBS WHEN THAT IS NOT HAPPENING. WHERE WE WILL BE AS A COUNTRY IS THAT WE WILL HAVE A LOT OF DISPLACED WORKERS. THE NATURE OF WORK IS CHANGING AND IT WON'T JUST BE FACTORY WORKERS. IT WILL BE PEOPLE THAT -- CORY: YOU SEE THE DECLINE OF MANUFACTURING JOBS GOING BACK DECADES. MARK: YOU AND I HAVE BEEN TALKING TECHNOLOGY FOR 15-20 YEARS. I'M CALLING US BOTH OLD, RIGHT? WE ARE BETTER, NOT OLD. THE AMOUNT OF CHANGE WE WILL SEE OVER THE NEXT FIVE YEARS, 10 YEARS WILL DWARF EVERYTHING THAT'S HAPPENED OVER THE LAST 30. WE WENT FROM AUTOMATING PEN AND PAPER WITH SPREADSHEETS TO CONNECTING PCS INTO NETWORKS, CONNECTING PEOPLE LOCALLY, TO CONNECTING NETWORKS TO GET THE INTERNET TO GETTING THE NETWORK EFFECT OF COMMUNICATING WITH PEOPLE GLOBALLY AND ALIGNING THAT WITH PRODUCTIVITY. CORY: THAT HAPPENS AROUND 1998-2000. MARK: THAN FACEBOOK IN 2004. THE NETWORK EFFECT FOR PEOPLE. AND THE NETWORK EFFECT IN BUSINESS. NOW, WE ARE INTRODUCING ARTIFICIAL INTELLIGENCE, MACHINE LEARNING. THAT ENABLES THE AUTOMATION OF AUTOMATION. THE PEOPLE WHO WERE WRITING SOFTWARE AT THE LOWER END ARE GONE. IT'S DOING ITSELF. IT IS JUST MATH. THE PEOPLE DOING BASKETBALL ANALYTICS AND SAYING THIS IS WHAT YOU DO IN THIS SITUATION -- YOU CANNOT ANTICIPATE -- YOU CANNOT LOOK AT EVERY POSSIBLE ITERATION. THERE'S NOT ENOUGH PEOPLE, NOT ENOUGH TIME. MACHINE LEARNING CAN LOOK AT EVERY POSSIBLE -- CORY: LOOKS AT THE STATISTICS, LOOKS AT WHERE THE PLAYERS ARE -- MARK: A PROGRAMMER BACK IN THE DAY, THE ALGORITHMS WERE IF THIS, THEN THAT. YOU HAD TO USE YOUR BEST INSTINCTS. THEN, IT GOT SMARTER AND SMARTER AND ALLOWED US TO DO BIGGER AND BETTER THINGS. ALL OF THAT IS BEING AUTOMATED. NOW, YOU HAVE TO KNOW HOW TO USE THAT STUFF. ONCE THE SOFTWARE TAKES OVER, YOU ARE GONE. UNLESS YOU UNDERSTAND THAT, YOU DON'T UNDERSTAND THAT THE NATURE OF WORK IS CHANGING, THE NATURE OF EMPLOYMENT IS GOING TO CHANGE. IF YOU'RE IN A FORTUNE 500 OR S & P 500 COMPANY OR IN THE DOW 30 OR ONE OF THE BIGGER COMPANIES, YOU ALREADY KNOW THIS. IN TALKING TO A LOT OF THESE BIG COMPANIES, THEY KNOW THEIR WORKFORCES AND GIVEN THE SUPPLY AND DEMAND OF STOCKS, THE SUPPLY IS DRINKING AND THE DEMAND IS GOING UP JUST AS THE ECONOMY GROWS. THAT IS PROBABLY GOOD NEWS FOR STOCKS OVER THE LONG-TERM. IT IS BAD NEWS FOR EMPLOYMENT AND BAD NEWS FOR PEOPLE WHO ARE DISRUPTED. CORY: THERE'S A TIME WHEN GM WAS THE LARGEST EMPLOYER IN THE COUNTRY. IF FACEBOOK LOOKS LIKE THAT -- CORY: THE DIFFERENCE IS THE TIME LINE -- MARK: THE DIFFERENCE IS THE TIMELINE. WHAT TOOK 20 YEARS BEFORE BECAME 10, COULD BE FIVE OR THREE. WHEN YOU START GETTING THAT MASSIVE AMOUNT OF DISRUPTION IN EMPLOYMENT, WHAT DO YOU DO? WE WILL GET YOU JOBS. IF HE LASTS FOR YEARS, THE WHOLE NATION OF EMPLOYMENT -- FOUR YEARS, THE WHOLE NATURE OF EMPLOYMENT WILL CHANGE. THE COAL MINING JOBS AREN'T COMING BACK, NO MATTER WHAT YOU DO TO THE PA. -- TO THE EPA. YOU CAN GET TEMPORARY JOBS TO BUILD ROADS AND BRIDGES, WHICH IS ALL FINE AND GOOD. YOU CAN GET A RETURN ON MUCH OF THOSE THINGS BUT YOU WILL HAVE TO RECOGNIZE THAT THERE WILL BE MORE PEOPLE OUT OF WORK. CORY: EDUCATION AND JOB TRAINING FOR THE MIDDLE CLASS -- MARK: NO. IT DOESN'T MATTER. WHAT ARE YOU GOING TO LEARN TO DO? CORY: WHATEVER IT TAKES. MARK: FINANCE IS THE EASIEST THING. YOU HAVE THE DATA AND YOU HAVE IT'S BEEN OUT WHATEVER YOU NEED. I THINK THERE WILL BE A GREATER DEMAND IN 10 YEARS FOR LIBERAL ARTS MAJORS AND ENGINEERING BECAUSE WHEN THE DATA IS BEING SPIT OUT FOR YOU AND OPTIONS ARE BEING SPIT OUT FOR YOU, YOU NEED A DIFFERENT PERSPECTIVE TO HAVE A DIFFERENT VIEW OF THE DATA. HAVING SOMEONE WHO IS A FREETHINKER -- AUTOMATION IS BEING AUTOMATED. YOU JUST LEARN THE TAX ROLLS, YOU JUST FEED THE AUTOMATION THE TAX ROLLS AND IT DOES THE REST FOR YOU. CORY: ENGLISH MAJORS OF THE WORLD SHOULD CELEBRATE? MARK: ENGLISH, PHILOSOPHY, FOREIGN LANGUAGE MAJORS. IF ONE MILLION, 2 MILLION, 3 MILLION, 5 MILLION PEOPLE HAVE THEIR JOBS DISRUPTED AND WE SEE THE DIRECTION EVERYTHING IS GOING AND HOW QUICKLY IS GOING, WHAT ARE YOU GOING TO DO WITH THAT? WHAT I HAVE SAID TO THE ADMINISTRATION AND I VOLUNTEERED TO HELP -- I TOLD HIS ASSISTANT, I CAN PEOPLE AROUND HIM, I MAY DISAGREE WITH 99% OF WHAT THE GUY DOES AND HOW HE DOESN'T COME UP BUT I'M AN AMERICAN CITIZEN FIRST AND LAST. I WILL HELP WHATEVER I CAN -- WHEREVER I CAN. THERE'S A PROGRAM CALLED AMERICORPS. AMERICORPS HAS A YEAR OF SERVICE AND IT PAYS KIDS WILL THOUSAND DOLLARS AND THEY DO SOCIALLY IMPACTFUL THINGS. -- $12,000. THAT WILL NOT CUT IT ANYMORE. THOSE IN SAME PROGRAMS INSTEAD OF HAVING A $1.2 BILLION BUDGET NEEDS TO BE A $15 BILLION BUDGET. THAT DISPLACED WORKER IN KENTUCKY CAN GO AROUND TEACHING KIDS TO READ AS PART OF THE AMERICORPS PROGRAM AND THERE CAN BE 20 THERE, ONE MILLION IN NEW YORK CITY. THAT'S WHAT THEY'RE DOING, GOING OUT AND HAVING THIS SOCIAL IMPACT. IT'S LIKE THE TENNESSEE VALLEY AUTHORITY WHERE THERE WAS MAYPORT -- CORY: IT WAS CLOSELY MODELED AFTER THE PEACE CORPS. MARK: HAVING PEOPLE COME IN AND HAVE A SOCIAL IMPACT AND MAKING IT A REAL JOB LIKE THE TENNESSEE VALLEY AUTHORITY, THAT'S WHAT WE WILL NEED. HE DOESN'T SEE THAT. MAYBE HE WILL LEARN IT. MAYBE I DON'T KNOW WHAT'S GOING ON AND I MISS EVALUATING HIS ABILITY -- CORY: MAKE AMERICA GREAT AGAIN IS BACKWARDS LOOKING. MARK: DEAL WITH THE ISSUES, REGARDLESS OF HOW YOU WANT TO BRAND IT. THE ISSUES ARE THE NATURE OF WORK IS CHANGING, AUTOMATION IS BEING AUTOMATED. WHAT LOOKED LIKE A GREAT JOB TODAY MAY NOT LOOK LIKE A GREAT JOB FIVE OR 10 YEARS FROM NOW. HAVING THAT JOB IN PROGRAMMING FOR THE LAST 10 YEARS, YOU ARE A PYTHON EXPERT IN UPGRADING TO THIS OR THAT, YOU MIGHT BE OUT OF WORK IN FIVE YEARS. I KNOW I'M BEING KIND OF FATALISTIC ON THIS AND HOPEFULLY I'M WRONG, BUT IN THE EVENT THAT THERE IS A GREATER THAN 0% CHANCE I'M RIGHT AND WHAT SOMEONE HAS TO START GOING WITH THE STUFF AND RECOGNIZE IT AND DEAL WITH THE MACRO ISSUES. IT'S ONE OF THE MOST GOOD GLACIERS FROM A JOB PERSPECTIVE. HE JUST DOESN'T GET IT. -- THE CAME OUT WITH A PAPER OR SAYING A LOT OF THE SAME THINGS. FOR ALL OF PRESIDENT OBAMA'S FAULT, AT LEAST YOU MADE THE EFFORT TO LEARN. I WAS TEARING HIM APART ON THE FTC, WHAT HE WAS DOING FOR ENTREPRENEURS OR LACK THEREOF, EVERYTHING GOT TOUGHER FOR ENTREPRENEURS AND BUSINESS. I HAD NO PROBLEMS TEARING HIM APART JUST LIKE I HAVE NO PROBLEMS NOW. TO OBAMA'S CREDIT, HE BROUGHT ME IN, EVEN THOUGH I WAS BEING CHASED BY THE FTC, HE LISTENED AND HE RESPONDED IN A MANNER THAT MADE ME THINK HE UNDERSTOOD. HE ALSO BROUGHT IN TECH GUY AFTER TECH GUY TO TRY TO UNDERSTAND ALL THESE THINGS. CORY: MEGYN KELLY IN THE WHITE HOUSE -- MEGAN SMITH FROM GOOGLE. MARK: A BRILLIANT WOMAN. AND THEY WERE ALL VERY CLEAR THAT THIS WAS A PROBLEM. DID HE COME UP WITH A SOLUTION? NO. DID HE COME OUT WITH A PAPER? YES. ONE IS NOT BETTER THAN THE OTHER, BUT AT LEAST HE WAS THERE. I DON'T GET THE SENSE LOOKING AT PRESIDENT TRUMP THAT THESE HAVE EVEN CROSSED HIS MIND. YOU CAN'T -- I HAVE YET TO HAVE SOMEBODY SAY TO ME, YOU KNOW WHAT, HE HAS BEEN ABLE TO GO IN DEPTH AND CONVEY A DEEP UNDERSTANDING OF A, B, OR C. SUPERFICIAL, HEADLINE PORN. "I'M GREAT, I'M GREAT," SELF-PROMOTION. AT SOME POINT -- I SET THIS TO HIM DIRECTLY, AT SOME POINT YOU HAVE TO LEARN THE ISSUES AND CONVEY UNDERSTANDING, BECAUSE THAT BUILT CONFIDENCE AROUND YOU . CORY: WHAT WAS YOUR LINE FROM MONTHS AGO -- RARE YOU SEE SOMEONE IN PUBLIC LIFE GET STUPIDER OVERTIME? MARK: NOT ONE TIME DID HE SAY "WE ARE STARTING A MOVEMENT." NOT ONE TIME DID HE SAY, "THERE IS A GROUNDSWELL, I'M GOING IN THIS DIRECTION." HE SAID, "WE WILL SEE WHAT HAPPENS." WHAT HE DID SAY THAT I GAVE HIM CREDIT FOR IN OUR DISCUSSIONS -- I ASKED ABOUT GROUND GAME AND EXECUTION COME HE SAID, "I HAVE THE EVANGELICALS. THE EVANGELICALS ARE DOING THAT FOR ME." IT WON HIM THE ELECTIONS ARE HE WAS SMARTER THAN I WAS IN REALIZING THE IMPORTANCE OF EVANGELICALS TO HIS SUCCESS. CORY: THERE IS A LOT OF NEWS RIGHT NOW -- "NEW YORK TIMES" HAD THE STORY THAT THERE'S CONTACT WITH THE CAMPAIGN AND RUSSIANS. THERE SEEMS TO BE AN INVESTIGATION CONTINUING. I'M WONDERING WHAT YOU THINK ABOUT THAT. MARK: I MEAN, I'M CURIOUS ABOUT IT. IT IS SCARY IN A LOT OF RESPECTS BECAUSE OF THE INTERSECTIONS. WHAT IS SCARY IS WHEN YOU LOOK AT ALL THE INFORMATION AVAILABLE, YOU SEE THESE CONNECTING DATA POINTS, AND THERE IS NO TRANSPARENCY. THE SCARY PART IS WE DON'T KNOW. THE GOOD NEWS IS IT IS GOING TO BE IMPOSSIBLE TO LIFT SANCTIONS NOW. BECAUSE IF HE DOES ANYTHING THAT BENEFITS RUSSIA AND ALL, IT IS GOING TO BE OVER THE TOP OBVIOUS THAT SOMETHING IS GOING ON, OR AT LEAST PERCEIVED THAT WAY. ON ONE HAND I AM CURIOUS LIKE EVERYBODY ELSE. WE WILL SEE. I HOPE THERE IS AN INVESTIGATION. I WISH HE WAS TRANSPARENT, JUST AS I COME HERE ARE THE TRANSCRIPT -- CORY: FEDERAL PROSECUTOR OR SOMETHING. MARK: WHAT HAVE I GOT TO HIDE? JUST HIS NATURE. HE IS PARANOID ABOUT EVERYTHING. IF YOU ARE PARANOID ABOUT EVERYTHING, THAT IS NOT BEING A LEADER, PARTICULARLY WHEN YOU ARE COMMANDER IN CHIEF. ANYBODY IN THE ENTIRE UNIVERSE, THE ONE PERSON WITH ALL THE ASSETS, ALL THE MANPOWER, ALL THE BRAINPOWER, TOLD THE -0-- ALL THE PISS AND VINEGAR THAT THIS AMAZING COUNTRY HAS COME HE HAS IT AT HIS DISPOSAL. HE SHOULD BE THE LEAST PARANOID PERSON IN THE WORLD BECAUSE HE HAS ACCESS TO EVERYTHING. TO ME THAT IS AN ISSUE WITH HIM AS OPPOSED TO THE BIGGER PICTURE. BECAUSE JUST A LITTLE BIT OF
    • NOW PLAYING

      Mark Cuban on Trump Administration, Future of Jobs

    • 12:34

      Collins Sees Fed Cutting Later Than Previously Thought

    • 02:20

      Fed’s Collins: CPI Not a Turning Point, Patience Needed

    • 01:51

      Citigroup Beats on Profit, FICC Sales & Trading Revenue

    • 02:21

      JPMorgan 1Q Net Interest Income Misses Estimates

    • 43:06

      Bloomberg Brief (04/12/2024)

    • 01:36:18

      Bloomberg Markets Today 04/12/2024

    • 01:35

      What the Thames Water Crisis Means For Your Bills

    • 09:28

      Tata Communications Plans To Introduce AI Cloud Soon, CEO Says

    • 01:11

      Cathie Wood’s Ark Venture Fund Takes OpenAI Stake

    • 06:39

      JPMorgan Still The Best of the Best, Says Todd

    • 02:56

      Oil Climbs as Mideast Risks Stoke Commodities Demand

    • 03:07

      Pimco: Bonds ‘Starting to Look Quite Attractive’

    • 01:47

      UK Latest: Economy Grows for Second Month Running

    • 47:09

      Bloomberg Daybreak: Europe 04/12/2024

    • 02:00

      Trichet: Public Debt Is More Worrying Than Before Lehman

    Stream Schedule:

    U.S. BTV+
    • U.S. BTV+
    • U.S. BTV
    • Europe BTV
    • Asia BTV
    • Australia BTV
    • U.S. Live Event
    • EMEA Live Event
    • Asia Live Event
    • Politics Live Event
    No schedule data available.
    BTV Channel FinderWatch BTV in your area

    Mark Cuban on Trump Administration, Future of Jobs

    • Bloomberg Markets

    • TV Shows

    February 17th, 2017, 8:47 PM GMT+0000

    Billionaire investor Mark Cuban, owner of the Dallas Mavericks, discusses his views on the Trump administration and the future of jobs. He speaks with Bloomberg's Cory Johnson at the NBA All-Star Technology Summit in New Orleans. (Source: Bloomberg)


    • More From Bloomberg Markets

      • 10:07

        Moody's Analytics: First Fed Cut Pushed to September

        9 hours ago
      • 03:14

        Singapore's Biggest Property Deal of 2023 Falling Apart

        9 hours ago
      • 02:51

        Modi Popularity is Unprecedented Ahead of India Elections: CVoter Founder

        10 hours ago
      • 08:09

        Need to Protect Democracy: Panetta on Putin, Ukraine Aid

        16 hours ago
      All episodes and clips
    • The David Rubenstein Show

      The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business.
      More episodes and clips
      • 23:36

        The David Rubenstein Show: Thomas Buberl

      • 24:06

        The David Rubenstein Show: Vas Narasimhan

      • 24:05

        The David Rubenstein Show: Enrique Lores

      • 24:05

        The David Rubenstein Show: Ruth Porat

    See all shows
    Terms of ServiceTrademarksPrivacy Policy
    CareersMade in NYCAdvertise
    Ad Choices
    Help©2024 Bloomberg L.P. All Rights Reserved.