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Squawk Box

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Start your morning with Joe Kernen, Becky Quick, and Andrew Ross Sorkin - Monday through Friday from 6-9a ET on CNBC.

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linkhttp://squawkbox.cnbc.com calendar_today03-11-2011 22:17:10

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.Joe Moglia says his biggest issue with NIL in college sports isn't that players are getting paid. It's the lack of structure and organization, and the lack of leadership from NCAA

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LISTEN NOW: Google has fired 50 employees over sit-in protests at the office. Yale's Joanne Lipman and The Verge’s Alex Heath discuss activism in the office, and tech’s inflection point with its employees. Listen and follow the Squawk Box podcast here: link.chtbl.com/squawk_pod

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JPMorgan's Jamie Dimon calls the economy 'unbelievable.' Joe Moglia agrees, saying, 'There are significant issues, I think, around the world that could have major impact, obviously, on us. But right now the market doesn't seem to be overly concerned with that.'

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.Robert Steven Kaplan, former Dallas Fed President, on the Fed's monetary policy: 'I think the bar is extremely high for actually raising rates down the road. But I think they're going to be patient, noncommittal, and kick the can down a few more months.'

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'For Citigroup, everything's a little upside-down, but this time is different,' says Wells Fargo analyst Mike Mayo. He's calling action on the company's reorganization, 'take 13.'

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'Capitalism did not fail, it was ruined,' says Ruchir Sharma. 'The capitalism we have today is a very distorted form of capitalism and this is not what the founders had in mind. The share of the government and its role in the economy has expanded significantly.'

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'I think a cut in December would be possible based on lower inflation,' says Jason Furman on the Fed. 'I don't think there's going to be enough time to build enough confidence that inflation has come down to justify lower rates.'

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Google has now fired 50 employees it said were involved in protesting in offices. @Verge Deputy Editor Alex Heath and Yale University's Joanne Lipman discuss the state of culture in the workplace:

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Group 1 Automotive $GPI CEO Daryl Kenningham weighs in on the state of EV demand: 'EVs are a challenge these days...We're seeing hybrid vehicles are the hottest vehicles in the markets right now.'

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Investor, philanthropist Leon Cooperman on his donations to Columbia University amid rising antisemitism: 'I've been giving them money. My only change is I specified my giving stay within the business school.”

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.Joseph E. Stiglitz explains sources of inflation following the pandemic, and says the Fed's response of 'just raising interest rates' missed the mark

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AI models may be able to effectively interact with knowledge to produce MORE knowledge...a so-called 'synthetic data' process. 'I think it may be possible to get an infinite data-generation engine,' says Anthropic CEO Dario Amodei

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Dario Amodei, CEO of AI pioneer Anthropic: 'The models are going to get smarter and smarter, and we will reach a point - probably relatively soon - where the models can do many tasks better than humans can. But there will always be strengths. There will always be weaknesses.'

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VC investor Alex Harstrick says, 'It is my opinion that the Senate will vote for the Chinese government to divest its interest in TikTok.'

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Crisis on Campus. 'This is the culmination of a decades-long series of campaigns in part funded by Islamist interests to the tune of billions,' says crisis management guru @EricDezehall

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“The mere fact that we’re partnering with two different companies to put our models on the cloud…shows that we’re not beholden to one particular company. We’re an independent actor,' says Anthropic CEO Dario Amodei on Google & Amazon partnerships.

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.@Fundstrat’s Tom Lee on the markets: “Now we just need a positive catalyst. I think as long as inflation tracks better than expected, I think we’re in a good position to rally.”

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Reporter Dana Mattioli on her deep dive into @Amazon: 'They say that they're customer-obsessed. But what I found is they're also competitor-obsessed. They're misrepresenting themselves to get on rival platforms to get secrets. And that's not a normal business tactic.'

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