US companies love AI. But can’t say why

The boss of Eli Lilly has branded the UK “probably the worst country in Europe” for drug prices, US President Donald Trump hit out at the UN at a speech at the global body’s General Assembly, and the Federal Reserve has scope to cut interest rates another three times, the OECD has said. Plus, the biggest US-listed companies keep talking about artificial intelligence, but few appear to be able to describe how the technology is changing their businesses for the better. Mentioned in this podcast:Eli Lilly boss brands UK ‘worst country in Europe’ for cheap drug pricesCan the UN save itself from irrelevance?Federal Reserve has room for three more rate cuts as US growth slows, says OECDUK set for highest inflation in G7, says OECDAmerica’s top companies keep talking about AI — but can’t explain the upsidesUntil 29th October, you can save 40% on a standard annual digital subscription at ft.com/briefingsaleCREDIT: PBS and the White HouseRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.