Howard Marks on US-China: US has to live with a strong, legitimate rival

Howard Marks, co-founder and co-chairman of Oaktree Capital Management, says that the takeaway from the Trump-Xi meeting in Korea is one of pragmatism and that the US has to learn to live with China as a rival without becoming enemies. He also talks about AI, suggesting that though it will change the world, questions remain on how much of a difference it will truly make.