In this episode of “The Business of Tech,” host Dave Sobel discusses the 2024 economic paradox, with rising inflation concerns conflicting with surging small business optimism. The episode covers CompTIA’s report on the IT channel’s optimism for AI and tech services growth, Microsoft’s co-pilot strategy, Musk’s open source gambit, and OpenAI’s App Store impact. The market review includes a drop in the Russell 2000 and S&P 600, despite small business confidence and consumer spending rising under the Biden-Harris administration. Economic optimism among small businesses is at a 22-year high, with most business owners feeling positive about the national economy.
Three things to know today
00:00 2024 Economic Paradox: Rising Inflation Concerns Clash with Surging Small Business Optimism
04:47 CompTIA Report Unveils Surge in IT Channel’s Optimism for AI and Tech Services Growth
07:24 Microsoft’s Copilot Strategy, Musk’s Open-Source Gambit, and OpenAI’s App Store Hurdles
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