Google’s AI Reshuffle, Calls to the Fed, A Great Wealth Transfer 08/06/26

Google is reshuffling its AI team, moving Demis Hassabis from CEO to chairman of Google DeepMind. Hassabis will also take over the chief scientist role of Alphabet after the current chief scientist Jeff Dean leaves the company. The Wall Street Journal is reporting that President Trump has called Federal Reserve Chairman Kevin Warsh multiple times since Warsh stepped into his role. Google board member and former Fed vice chairman Roger Ferguson weighs in on both Google’s AI strategy and the relationship between the central bank and the White House. Plus, Jamie Dimon has a warning for investors, CNBC’s Sharon Epperson reports on the major wealth transfer from boomers, including the complicated inheritance of real estate. Roger Ferguson 23:17 Sharon Epperson 35:34 In this episode: Sharon Epperson, @sharon_epperson Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie