As inflation concerns resurface, the latest data reveals a modest rise in the Personal Consumption Expenditures Price Index, with the overall PCE increasing by 2.3% year-over-year. Despite these inflationary pressures, the economy shows resilience, with GDP growth at an annualized rate of 2.8% in the third quarter and a steady job market. Host Dave Sobel highlights five positive economic trends, including a decrease in inflation rates and an increase in real wages, which suggest a cautiously optimistic outlook for the upcoming year.
The episode also covers significant developments in the tech industry, including the resignation of Intel's CEO Pat Gelsinger. His departure comes amid growing concerns from the board regarding his ability to execute a turnaround strategy for the company, which has struggled to compete with rivals like AMD and NVIDIA. The transition to co-CEOs, David Zinsner and Michelle Johnson-Holstoss, raises questions about leadership clarity and decision-making processes at Intel, which could impact its future direction and product roadmap.
Additionally, Microsoft has denied allegations that it collects user data from its Microsoft 365 applications for AI training, following a viral post that raised privacy concerns. The company reassured users that they have control over their data privacy settings and emphasized the purpose of the Connected Experiences feature. This clarification is crucial for IT professionals as they navigate discussions with clients about data privacy and the functionalities of Microsoft products.
Finally, the episode introduces OpenWrt's entry into the hardware market with the launch of its user-friendly Wi-Fi 6 router, the OpenWrt One. This development marks a significant milestone for the open-source community, emphasizing repairability and user empowerment. Sobel notes that while the router may have niche appeal, it aligns with trends in ethical consumerism and decentralized technology, making it a noteworthy option for IT service providers and networking professionals.
Four things to know today
00:00 Inflation, Tech Trends, and Economic Resilience Shape IT Priorities for 2025 and Beyond
06:50 Pat Gelsinger Resigns as Intel CEO: What It Means for the Chipmaker's Future
08:56 Microsoft Denies Using 365 User Data for AI Training Amid Viral Allegations
09:55 OpenWrt Enters Hardware Market with User-Friendly, Open-Source Wi-Fi 6 Router
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