obviously, the board triednd to fire sam altman and then of course the money, microsoft headboard 13 billion into the company, they said oh no, you don't. and i promise you within 48 hours the board will all be fired, sam altman will be back in control and that would be a new board that is very friendly to microsoft. so that's essentially my story and i'm sticking to it. >> i want to ask, there's a lot of these characters we sort of worship at the altarbi as billionaires in this country. and there is ansu assumption tht they are all geniuses. how else did they become billionaires? so whether it's the four you profiling in your book, elon musk, mark teal, zuckerberg, marc andreesen although in miami every peter thiel story starts like this. is he here? will get to that in a moment but, and then sam bankman-fried's. there's various show it to ask are any of them geniuses? >> i'll tell you the only one i met and it don't mean to be crude about it, but i interviewed sam bankman-fried's in july of last year. that year his company was worth $32 billion supposedly. he was one of the 100 wea

altman obviously the board tried to fire at sam altman and then of course the money microsoft had pouredder billion into the company and said, oh no, you don't. and i promise you within 8 hours the board will all be sam altman will be back in control and there will be a new board is very friendly to microsoft. so that's essentially my story. and i'm sticking it. i want to ask, there's a lot of these characters we sort of worship at the altar of billionaires in this country, and there is assumption that they're all genius says, how else did they become billionaires. so whether it's the four that you're profiling your book, elon musk thiel zuckerberg, andriessen although in miami every peter thiel story starts like this this, so is he here. well, we'll get to that in a moment but and then sam bankman-fried there's there's various figures i want to ask or any of them geniuses i'll tell you, the only one that i met was definitely not my opinion. and i don't mean be crude about it, but i interviewed sam bankman-fried in july of last year. that year, his company was worth $32 billion, supposed

the biden administration has pulled prosperity7, backed by sam altman.implications for saudi arabia's growing investments in u.s. technology and its close ties with china. ed: a lot more to talk about. sam altman, one year chatgpt being released, openai released chatgpt to the public one year and one day ago. the ai craze has not stopped. millions of people, intellectual capital and real capital has poured into the industry in 12 months. let's keep the conversation going bringing in dan o'connell the chief intelligence and strategy officer for the ai unicorn backed by google ventures and iconic. you would say that we were in ai earlier than that, we are an ai company and our own right, but reflect on the last 12 months even if it is through the lens of your own company based on what openai has done. dan: what has happened is the democratization of ai where everyone on the planet sees the opportunity that ai can bring across pretty much every piece of software in every industry. i think that the hype is real and we will see it proliferate over the next co

sam altman kind of tweeted some nebulous things. but basically chips, servers. it is expensive to run. they need more money. this is silicon valley. raise, raise, raise. hire valuation as long as you can chase it and that is what they are doing. and competitors doing the same thing. anthropic probably one of the top private companies right behind openai. i think that they are going for $15 billion valuation. >> so openai has been strangely quiet ever since the entire soap opera took place. >> business as usual. there is an investigation going on into all that drama that we went through a couple months ago about the firing of sam altman, the retiring, so on. they will work through that. we know microsoft gets a nonvoting observer role on the board. and this investigation, they hired a big white shoe law firm to look into this. we'll find out what really happened maybe and then move forward. maybe that mean as new structure at the company. i don't know how a nonprofit could be -- >> yeah, but $100 billion fund rise while lawyers investigate whether they need a new

. >>> then sam altman and legendary apple designer johnny ive add a new name to their all-star rosterking to build the iphone of ai. >>> and the go big or go home southeast and a new name to sink your teeth into. >>> and whiskey drinkers, the imports look to be staying steady at least for now. it's wednesday, december 27 ts, 2 2023. you are watching "worldwide exchange" on cnbc ooepz. >>> good morning. welcome to "worldwide exchange." as always we kick off this hour with a check of the u.s. stock futures with the s&p, nasdaq, and russell, all of them riding tree session wind streaks. the dow would open up 20 points higher. the s&p and nasdaq both fractionally higher at this hour. this fraction here after another positive session for yesterday. it closed 1% from all time record-highs. we're keeping a close eye on the nasdaq 100. take a look. it's tracking for its best year since 1999. there's a prince george's joke in there. i'm not going to do it. >>> we're checking the bond market. the 2-year note at 4, just over $ 4.25. the white house authorized a purchase of 3 million barrels for

martha: how about sam altman, ceo of the year?because he's leading a very revolution their technology charge, and even he doesn't have control of it, elon musk, nobody has control over it. so i think they're hoping that all of these people leading a.i. are responsible, and that remains to be steven. maria: we'll see is. we've got a market that is the higher, dow industrials up 90 points -- 80 points as we approach the open. adam, monica, amber, great to be with you all. see you tomorrow everybody. "varney & company" pix it up. stu, take it away. stuart: good morning, everyone. a strong and vigorous

yeah, and then there's the accelerationists like sam altman, the ceo of openai, that basically believe we should speed up developing ai technology as quickly as possible. and i think you're seeing all of these big companies from google to meta, which is which owns facebook to amazon, en to microsoft. all of them are developing this tech as fast as they can in particularly because openai beat all of them to this chatbot that has really blown people's minds. >> okay, so with sam altman's return and victory, if you will, does that mean the accelerationists have won not just at openai but across the industry? >> see, it's a great point. i think the i think that is the sort of assumption, at least in openai, that the folks who believe we need to put a foot on the gas are back in power and that's the sort of mentality going forward at openai. just keep pushing this tech forward and frankly, i do think, you know, to your point, has that sort of thinking spread? meta has decided to put the foot on their gas, on their open source sort of movement, on giving everyone access to these algorithms.

sam altman back and forth.istory of the dismissal of the appointment of the director of open ai. right - microsoft, left - altman's main place of work. new year's story, i asked artificial intelligence to write a letter to santa claus for me, says the teenager, and mom begins to read out whether or not to be a good boy. that is the question. jongaring, on his robot it is written: open ai, and he says to a group of scientists: this is so cute, it turns out that the researchers have some concerns? taylar jones for gover digest. popcorn controlled by artificial intelligence. a voice comes from the microwave: have you exceeded your daily calorie allowance? no popcorn for you. jeff katerba, just when you thought politics couldn't do it anymore. symbols of american parties, democrats and republicans, are running, a robot is catching up with them with the inscription artificial intelligence for the 2024 elections, we have formed our own party, he says. artificial intelligence is the number one topic. there is no argui

sam altman, who's the founder of open ai, the company behind chatgpt, says what's coming at us in 2024 have now look like a quaint relative. we've seen some really impressive advances, particularly in health care, where an ai tool was able to come up with a formula for a new antibiotic that beat a deadly hospital superbug. we also saw ai used in an amazing bit of kit that helped a paralysed man to walk again. but, really, what's been in the limelight this year has been generative ai — that is al that makes content like music, text and video and audio, some better than others, depending on your taste. and what we've seen with that is it's already massively disruptive. it's affecting jobs, it's affecting education. and more worryingly, we're seeing it spout out misinformation. its creators call it "hallucination". and this is basically when these tools start making stuff up. half the world is going to be voting in an election somewhere in 2024, and this is part of the reason why the world's regulators are scrambling to come up with legislation and rules to try to harness this powerful te

a group of sam altman backed startup has launched a private bitcoin fund.argeting a 5% bitcoin denominated yield light lending bitcoin to borrowers. plus harper -- harpoon ventures has raised 125 million dollars for a new fund to back early-stage enterprise startups serving the public and private sectors. caroline: let us take into that story. let us bring in the founder larson jensen for the vc spotlight. the money, the repeatability to raise money, what is it that brings lp's back and you have -- and have you attracted new ones? larsen: it is a pleasure and i appreciate the time. it is a testament to what we have built. when we started years ago we were the first to observe that emerging technology and startups, would have further reaching implications meaning more specifically that they would have national security and geopolitical implications that they had not until this current era. we see this recently by the announcement of chinese espionage and president biden's executive order on artificial intelligence and within our portfolio. as we think about

sam altman, the founder of open ai, the company behind chatgpt says what is coming in 2024 will make happening now look like a quaint relative. we seen some really impressive advances, particularly in healthcare where an ai tool was able to come up with a formula for a new antibiotic that beat a deli hospital super—bug. we also saw ai used in an amazing bit of kit to help a paralysed man to walk again. but, really, what has been in the limelight this year has been generative ai, that is al the mass content, depending on your taste. what we have seen as it is already massively disruptive, it is affecting jobs and education and, more worryingly, we are seeing it's about our misinformation. its creators call it hallucination and that is when these tools start making stuff up. half the world will be voting in an election somewhere in 2024 and this is part of the reason why the world's regulators are scrambling to come up with legislation and rules to try and harness this powerful tech so that we can maximise the benefits of it to our society and minimise the risks. now, with the upcoming

sam altman wants to go in, not just the software but some kind of new hardware to tap into it.hings take years to design and come up with. i don't anticipate seeing anything soon but it's fun to speculate and again, this hot start up is taking talent from apple. >>> "the new york times" suing microsoft and open a.i. for alleged copyright infringement saying the company exploited the content to create their product like chatgpt. here to break down the impact is jeffrey's brent dale joining us now. you see the headline what does it make you think? what's the risk to microsoft, if any? >> i think the a.i. world is a new world, obviously. we're -- this is the first big lawsuit we've seen. and when you think about news flow on a.i. chat bot to go on and find information seems logical that would be the first place an a.i. bot would go and doesn't know if it's infringing. microsoft is good at navigating these legal hangups. but there's many a.i. roadblocks that we run into as we go through the journey. we are at the beginning of the journey. we are not anywhere near the middle or the

the feature, called gpt builder, was launched last month by open ai ceo sam altman. more on this, i'm joined now by the bbc�*s cyber correspondent — joe tidy. joe, tell us a bit more about what your investigation has uncovered. we've known for a while, heavily, that there have been these warnings, that there have been these warnings, that as you say, a i could be used ljy that as you say, a i could be used by cyber criminals and scammers and fraudsters, but we haven't really worry too much about it because of course the biggest models, the most powerful models out there, the likes of gpt have got guardrails around them, they are moderated. so if you ask the normal everyday chat gpt to prove for example, make a whatsapp scan message, which of these fraudster messages that go around pretending to be from your daughter or son, pretending to be from your daughter orson, lost pretending to be from your daughter or son, lost in the city, i don't have my phone, send a taxi. the normal chat gpt won't do that, they'll say it's unethical. but if you use chat gpt or openai new

on friday can we saw the ousting of sam altman and the share price drop that microsoft.end, they steadied the share by saying he can come on board. it's crucial ultimately to the introduction of microsoft at the moment. guy: great stuff, looking forward to your show later on. that's bloomberg technology coming up in around 90 minutes time. coming up, the strength of the labor market inerrant next guest says none of this will affect the fed next move. this is bloomberg. ♪ first time i connected with kim, she told me that her husband had passed. and that he took care of all of the internet connected devices in the home. i told her, “i'm here to take care of you.” connecting with kim... made me reconnect with my mom. it's very important to keep loved ones close. we know that creating memories with loved ones brings so much joy to your life. a family trip to the team usa training facility. i don't know how to thank you. i'm here to thank you. i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we k

sam altman, the founder of open ai, the company behind chatgpt says what is coming in 2024 will make now look like a quaint relative. we seen some really impressive advances, particularly in healthcare where nahi was able to come up with a formula for a new antibiotic that beat a deli hospital super—bug. we also saw ai used in an amazing bit of kit to help a paralysed man to walk again. but, really, what has been in the limelight this year has been generative lime -- ai, that year has been generative lime —— ai, that is year has been generative lime -- ai, that is al year has been generative lime —— ai, that is al the mass context —— content, depending on your taste. what we have seen as it is already massively disruptive, it is affecting jobs and education and, more worryingly, we are seeing it's about our misinformation. its creators call it hallucination and that is when this will start making stuff up. half the world will be voting in an election somewhere in 2024 and this is part of the reason why the world's regulators are scrambling to come up with legislation and rules to try

the lead iphone designer reportedly departing to join johnny to work on a project with openai sam altmanils ene tawh closing bell comes right back. >>> apple shares bouncing off today's lows. new developments in the ongoing legal battle over the latest addition of the watch. we're going to break down the details and what it could mean for investors. that and much more wn hewe take inside the market zone. there is a lot of information out there. hamas slaughtered more than 1200 innocent people, holds innocent hostages, and raped countless innocent women. and now hamas is trying to hide sexual violence against women. they don't want those women to be able to talk about what happened to them stand with palestinians and israelis for basic human rights. stand for all women. power e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easie

altman.ng us now to discuss -- >> i snuck into your shot. >> our tech correspondent steve kovac. is there controversy about this or conflict of interest? >> yes. that is a controversy here and this is a start-up and an ai chip startup that this all came out from a cfius investigation that had saudi backers and kind of, divest from the company and way, long story short and under ceo sam altman signed a letter of intent to sign $51 million of these chips, but altman has invested in that company and he put in a million dollars into that company and it's a bad look. >> why did they need the chips? >> the same reason we hear everyone making their own chips from microsoft on down because the chips were really expensive and everyone is being looking for alternatives and just a couple of weeks ago we had microsoft announcing their own ai chips and these are all really expensive and to do what open ai does costs a fofrp are fortune in this hardware. let me try to in other words, play how he might defe

sam altman. the board then reinstated in the span of five chaotic days. "time" cites opena a i's chatgpt calling it the most rapidly adopted product ever and calling its impact transformative both for the company and the world with. "time" goes if on to say that openai became an $80 billion rocket ship with altman emerging as one of the most powerful and venerated executives in the world. the public face of leading profit, it says, of a technological revolution. in other words, silicon valley royalty. and now "time"'s ceo of the year. stu. stuart: thanks, ash. elon musk, he's raising money for his artificial intelligence company, his xai. how much is he trying to raise, ash? ashley: he's looking to raise $1 billion in funding from equity investors according to a new fueling, and documents fileded with the sec show musk has raised nearly $135 million. he created xai earlier this year to try and compete with other generative a.i. companies including, of course, openai where musk was a cofinder. the

and how about sam altman? >> i mean, we now all know what ai is, right? and chatgpt.now oversees. once again. >> so we'll see. >> yeah. be interesting. >> authentic is merriam-webster's word of the year. as we reported the other day and today oxford is out with its word. it's riz which is a defined as style charm or attractiveness and the ability to attract a romantic partner. it's thought to be a shortened version of the word charisma. and everyone out here, all of you guys. but we'll start with you, chris. you definitely have some reads going on. so i actually i i've seen used that word. >> i've seen this trending on social media now that it makes a little bit sense with the charisma thing. so thank you dan, i appreciate that. i'm not going to deny that you're correct in that assessment. >> you're not getting person of the year, so don't get too excited. >> thank you, chris is so modest . >> so my son actually used rhiz and i said, go again. and he goes, oh, mom, get with the program. i know i never heard of it before. >> this story earlier today. >> so yeah, and we

chris cock of meta, james manyika of google and sam altman of open ai . okay i feel like you guys are a little far away. did we bunch up? it does feel a little far. does it feel free to gather in for our for our conversation foreign hi everyone. good afternoon. i am very very pleased to be here at and hosting the discussion of one of the most important topics in technology and around the world. artificial intelligence. the era of generative ai is moving at breathtaking pace, making step function changes rapidly in a short amount of time. it's an astonishing time to be alive, and it feels different from other disruptive technologies. this year alone, design discussions have ranged from some possibilities of apoc elliptic doom to the exhilarating promise of unprecedented advancements. as these technologies are speaking and conversing with us, creating images and challenging our understanding of human intent emergence. however many questions remain around around how we can best utilize these ai as humans for the good of humanity and to craft a future that's

others on the list, vladimir putin, barbie, king charles iii, sam altman and xi jinping. >> leaders of world -- and barbie. >> and barbie. >> although her picture, she looked plastic, like a barbie. >> i like the hat. >> yes. >>> all right. we have some rain coming our way going into the afternoon. if you have the nbc bay area app, you'll get alerts as the rain approaches your location. it helps out when you're making plans. off-and-on showers for tomorrow. the rest of the weekend pretty dry. >> thanks for joining us. ♪♪ >>> good morning, and welcome to "california live." where we highlight the best of the golden state so you could live your best california life. i'm danielle notting

openai ceo sam altman has a coyote in the backyard of his $27 million san francisco home.an interview after being named time magazine's ceo of the year he talks about the coyote. here's some photos. they're from san francisco animal care and control. >>> gearing up for another star- studded s&l. the host and musical guest get us ready for tomorrow's show. >>> here's a look inside 30 rock. lester holt preparing for nightly news here at the control room. one of the top stories, more death linked to contaminated cantaloupe. ster joins us in loving this pay bump in our allowance. wonder where mom and dad got the extra money? maybe they won the lottery? maybe they inherited a fortune? maybe buried treasure? maybe it fell off a truck? maybe they heard that xfinity customers can save hundreds when they buy one unlimted line and get one free. now i can buy that electric scooter! i'm starting a private-equity fund that specializes in midcap. you do you. visit xfinitymobile.com today. look mom, i found one. oh, yeah, you did. but we need an atm from our bank unless you want to spend

the board of directors fired sam altman, the company's ceo and founder, without warning investors, andbrockman. it was clear from the official letter that altman was not frank in his interactions with the council, and this allegedly prevented him from carrying out own responsibilities. according to the financial times, the entrepreneur wanted to introduce. the company's work included new super-powerful artificial intelligence tools, but the board of directors had concerns about the safety of their use. the news of altman's resignation came as a shock to the entire it industry and caused a boom of indignation and memes on social networks. almost all of the ai ​​specialists, hundreds of them, signed an open letter in support of the ceo and threatened to leave if their former boss was not returned. among the signatories was the initiator of the resignation altman, member of the board of directors, a native of russia, ilya sutskever. dissatisfied workers launched a flash mob on social networks with the hashtag "open ai" - nothing without their people. and a photo of altman with a badge, an

xi jinping, taylor swift, sam altman, the prosecutors of former president donald trump, barbie, russian president vladimir putin, fed chair jerome powell, and king charles all making the short list. "time" makes its final selections based on the most global influence over the year. the final selection will be announced live wednesday morning on the "today" show. >>> meantime, beyonce takes over the box office. ♪ >> the beyhive came out in full force thr her "renaissance" concert film. it took in $21 million, topping the north american box office. this marks the first time in two decades a film opening the weekend after thanksgiving scored that high. insiders say it bodes well for the film, which will have to perform well to match this year's top concert movie from taylor swift. it is at $250 million worldwide since opening in october. >>> it's the season of giving, and south bay motorcycle groups are among those making sure everyone gets a piece of the holiday spirit. san jose motorcycle riders gathered toy for kids over the weekend. they donated over 9,000 toys. i linked them up to cat

but apparently he returns every so often because it's so comfy that is according to openai ceo sam altman. believe it or not. he's also the owner of the 27 million dollar house. or i guess the coyote likes to visit. confirmed this to time magazine and altman says that the coyote is pretty cute, but very annoying at night. you know the how a good taste and outdoor furniture so what do a back and a mushroom? >> have i mean, vicki? wow, both of headed to a list of officials, state and blooms in california. the california golden shen trail. shaul trail. now has the state title edible mushroom, mainly found beneath california oak trees that i say, right? you a mushroom, dine and dish here to help us out. and the pallid bat provides more than a billion dollars of value in pest control for california's agriculture every year. the bat, they say also helps reduce the risk of wildfire. >> does this send to obama very special surprise for about 20 huge preschool students at an elementary school in chicago. former president barack obama with his red hat there. showed up, but he's got the hit santa ha

so, this is long time apple designer johnny ive and sam altman, they're work on a.i.are, acording to bloomberg. tan will join ive's design firm as it looks on the looks and capabilities of new devices while altman will focus on software. amazon prime video ramping up advertising like many other streaming giants. this is a scandal of the morning, i want you to know. a letter sent to customers says starting january 29th, prime video movies and tv shows will include limited ads unless users opt to pay another $2.99 per month. did i raise my voice? >> sounds outrageous. >> i'm trying to express my outrage and your outrage. >> if that's the scandal of the morning, we're doing okay. >> no, no, no! amazon says the ads will allow it to continue investing in content. what was the other money we gave them for? that's what i want to know. it also says its goal is to have what it calls meaningfully fewer ads than linear tv and other streaming. no, it is a goal. doesn't say they're going to do it. final story here, the u.s. finalizing contracts to buy 3 million barrels of oil. thi

. >> sam altman being forced out by the board. >> this is a company at the center of the artificial intelligence

and unsacking — of sam altman from openai, one question still remains., the board and altman have given few details, leaving silicon valley playing a guessing game, with many suggesting that the board were driven by safety fears. to discuss this, we are joined by nick bostrum who is a researcher described by the new yorker as the philosopher of doomsday. his warnings about the existential danger of developing machine superintelligence were highly influential among some of the founders of openai. thank you very much forjoining us and i appreciate your patience. what are the existential risks of ai as you outlined, how might it play out? what kind of super intelligent and i look like? i think there are a bunch of different challenges we will need to meet to have a happy outcome from this transition to the machine i think we are about to undergo. first, we need to make sure that the ai doesn't take matters into their own hands and some misaligned goals seize control of the future and steer it into summit destination that is bad for us are incompatible with

some of the finalists include sam altman, who made headlines for being fired then quickly rehired aseo of openai. the company that released chatgpt, which introduced many people to artificial intelligence. other finalists include hollywood strikers, referring to both the writers and the actors who went on strike to get contract concessions. taylor swift is also a finalist following her eras tour. >> oakland's new pro baseball team has released its schedule for next year. the oakland ballers are in. the independent pioneer league. they open the season may 21st out there on the road against the glacier range riders in montana for the ballers first home game will be june 4th at laney college against an opponent, an opponent that has not been determined. they will play a 96 game season split right into halves. the top teams in each half of the season will then make the playoffs. as for major league baseball, spring training probably ten weeks away. we'll be here soon. >> well, ooking forward o welcome to life or not a show where our panel weighs in on everything from major controversies

sam altman is touting ai's help to humanity. he appeared out of forum to discuss ai advances.nounced that there will be a new ai ethics chapter based out of atlanta. nvidia has become one of the leading investors in ai companies. they participated in 35 deals, six times more than last year making them the largest large-scale investor and ai. u.s. commerce secretary says the u.s. is looking into the specifics of three new ai accelerators that are being developed for china. they want to restrict any new chips that give ai technology. caroline: she is warning that the domestic sector could be delayed if they are required to go through environmental reviews. joining us now is the ceo of element solution that produces chemicals and every tv process. to that end, how much is there a domestic supply chain issues? ben: there has been a ramp-up of semiconductor ability but it's a muscle we have a flex in the long time. were confident will come online and a lot of capital behind it. ed: there is an absolute obsession with gpu,amds and less discussion about the other chips and raw materi

altman, the ceo of openai, says a coyote is keeping him up at night at his home in san francisco.man says the animal scratches on his doors right outside the house. the ceo shared pictures of the animal, which are very similar to these images shared by san francisco's animal care and control. in early november. >> a federal grand jury filed an indictment today in san francisco against two russian nationalists in an ongoing investigation regarding sophisticated hacking incidents here in the us and abroad. ktvu alice wertz reports. >> multiple federal agencies, including the state department, the fbi and the department of defense, have been involved in investigating those responsible for malicious cyber enabled activities over the last six years. the fbi released images of the two suspects, andrei stanislav lvovich coronets, who procured infrastructure for in support of callisto group activity, and ruslan alexandrov. >> petro yanko, an officer with the russian fsb's center 18. >> the two were reported by the fbi is being part of a larger hacker group connected to russia's federal se

altman after he was fired and quickly reappointed as ceo of open ai, the company behind gpt chat thatorefront of the it revolution. the federal reserve was also on the short list. powell faces a difficult task, he needs to overcome record inflation here in the united states. next are the prosecutors in the cases against trump. for the first time in the history of our country, this team brought charges against a former american president. trump indicted more than 90 charges in four separate cases. the shortlist also affected hollywood and the protesters who paralyzed the entire industry. the actors and screenwriters went on strike for almost the entire year. an agreement was reached on better pay and working conditions, and a new hollywood icon was also on the shortlist. this movie became the highest grossing movie of the year, it earned 1.4. finally, global superstar taylor swift, a grammy award winner, had an incredible year. every year time chooses a person or group of people who, like him, says, for better or worse, were most influenced by the events of the year. i would choose. bi

and i was listening to sam altman, the founder openai, and i was listening to sam altman was foundernai, and i was listening to sam altman was saying that openai, and i was listening to sam altman was saying that opevery and he was saying that in every huge tech, every, every era in which we've undergone a huge technological shift, we've always been filled with fear about future. but then about the future. yeah, but then we've adapted it's we've adapted to it and it's been i must say, though, been okay. i must say, though, i do wonder, though, if this really is a massive shift where we actually make ourselves redundant, especially if it is as a sam altman has been experimenting with not just this chat, gpt and the generative ai, but the cognitive ai , where the but the cognitive ai, where the ai begins to think for itself, learning on its own and exponentially. >> and i think they already are. some of these bots smarter than we are and that is quite a scary prospect. we could end up having killer bots. tom this is something that should keep you up at night. >> i don't think we're qui

altman, the king of great britain, charles ii, the chairman of the federal reserve system of the unitedes , jerome paul, well, i just can't understand how putin got on this list, after all, i can't understand how he got on this list. list , but putin last year tiy magazine even announced the president of ukraine, volodymyr zelenskyi and the people of ukraine the winner, the laureate of this award, this year among the nominees is putin, the question is not whether putin is still alive, they did not find out until the end, well, there is one question, but putin and the barbie doll, xi jinping and the prosecutors who oppose donald trump, this is a list, in a word, we have two days to wait, on the morning of december 6. i 'm really looking forward to it this wednesday morning, i hope you are too, i really hope that, after all , the editors of the magazine don't make this huge mistake that they can make, let's move on, bells are ringing in the white house, in the administration of the current president of the united states of america, joe biden, sent a letter to congress, with a warning that

i certainly think that serious people want to regulate ai, you know, elon and -- and sam altman and microsoftill make all sorts of nice statements that they want regulation too but if the social media scene is anything like what ai is, it's it'snot going to happen. i'm still waiting for some serious regulation of like section 230, remove the safe harbor from social media and it has never happened even though they keep claiming they want it to happen. so i do think the government has a role to play. >> yeah, because if you don't, you see what get, their version of libertarianism. crony capitalism. it's the scam economy. people ripping each other on, is that really the world that we want to livern on? who else is goinggo to do it? >> the miami of today is the miami of tomorrow. [speaking in spanish] >> sorry. thank you guys for coming here to miami. question for ben and one question for john, ben, your research has shown a lot of let's say fraud on the crypto currency world. my question to you, have you seen any benefits in the crypto currency world and then my question for john is, i mean, out

>> this whole topic is front and center with all the palace intrigue with sam altman and o opena.i. translations. it can help with research. but in my opinion and as i've spoken to the pentagon's main a.i. liaison, there always has to be a human in the loop. we cannot do without humans in the loop. for journalists, it might make some of our work easier, but we do not want to be responsible for deep fakes, for people or machines impersonating us, my voice, my face, my look. you know, they're trying in some places to do that, in india, for instance, but it's not a safe proposition. if this starts happening in war zones where literally the truth and what matters can be the difference between life and death, then it's very, very dangerous. we have to make sure this is finally regulated and modulated. hopefully it will bring more opportunities than challenges, but we have to be on our guard. that's all we have time for mow. if you want to ask me a question, scan the qr code on your screen or e-mail askamanpour @cnn.com. i'm christiane amanpour in london. thanks for watching. i'll see you

ed: the friday lunchtime that sam altman was fired by that then board of openai, i do not think a bus the shocking liquidity on openai shares, largely through spv transactions, some of which blocks of shares or units of spv's were valuing openai at $100 billion. i do not think our audience knows how liquid shares of openai and spacex are. which names do expect to be in this market you have outlined? mitchell: in a world where investors -- people who invest in funds, they are demanding investors, private equity funds give capital back to their investors, in which case people will look to secondary markets to sell. you will continue to see increase in companies for secondary markets. you will see a lot of continuation funds. anything that drives dpi, which is money back. it is trying to return money to the lp. ed: is all of this a precursor or leading indicator that we will start to see more primary rounds and more listings or exits in 2024? mitchell: i do not think it is a precursor. i think it is a result of not having an ipo market right now. that being said, going all the way back t

he signed a letter of intent in 2019 to spend $51 million in chips from another startup that sam altmanune of more than $1 million. it is set to deliver the first hardware to customers as early as october of next year. so many little bits to this story coming out, frank. >> we will follow every tick of it. great to see you. thank you for the headlines. >>> we turn our attention back to the broader markets and one area that continues to show signs of strength is tech. the nasdaq coming off the fifth positive week in a row. longest winning streak since june. this marking a big shift from 2022, but as we head into the 2024 year, can the trend continue? joining me is dan ives from wedbush. >> good to be here. >> out with the new note for 2024. where does the spending come with tech and a.i.? where does that go next year? >> i think it accelerates. we are seeing $1 trillion of spend in the shores of tech. not just nvidia and microsoft. i look at software and chips across the board and i believe it is the start of the new tech bull market. we have tech stock next year up 20%. it is a.i. and c

you listened to sam altman. he's talking about going lightspeed. but i do know that small and medium-size business people have no interaction with ai other than from your company. >> i think what technology has always done is make it accessible to every individual the ability to take what is in there had to be able to do commerce or whether you are large and a price to predict. i think that ai will be a profound impact that enables people to be more productive. i believe the people who use ai will replace people that do not use ai like computers replacing . i am not one who believes in those fears. as it relates to the guidance, tremendous to the highest number . we intend to go execute against that tremendous opportunity that we have. my shelter -- my shareholders will benefit from a. >> one of the things i was surprised to see was the document cloud. i know things can be a little bit faster. it is amazing to me. bank of america, the va, mastercard, volkswagen, these are huge companies that are just discovering the document cloud. >> these are the

we know that the founders of ai, sam altman and elon musk who is trying to give his own view of ai useda cars have said this is actually -- even though it has existed for so long. can you talk about the risks for ai in 2024? does it go from a buzz word to more of a risk factor next year? aggie: risk will come as more companies deploy ai. productivity tools and things that take away decision-making from human beings to ai. we've seen the bank of england warning about the risk for u.k. financials as a lot of banking institutions are deploying ai for customer service, fraud detection, data analysis. these use ai but the more you give those tools to artificial intelligence, you need to have human oversight because you can pose serious risk if those things become out of people's hands and those decisions, who is culpable becomes unclear. that is part of it and something i look at a lot in berlin is cybersecurity. how cyber hacks have become more capable because of utilization of artificial intelligence to make targeted attacks on particular actors. that is something businesses are concerned

but first director reid hoffman is speaking out about sam altman's firing and dramatic return. >>> plus wall street appears to have a favored new presidential candidate. what nikki haley just did that's making some doubters believers. >>> and later on, they may be nearly 30% from their all-time highs, but that does not mean there isn't any value in small cap stocks. we're going stock picking with one top goldman sachs manager. we've got a ry bveusy hour still ahead when "worldwide exchange" returns after this commercial break. first time i connected with kim, she told me that her husband had passed. and that he took care of all of the internet connected devices in the home. i told her, “i'm here to take care of you.” connecting with kim... made me reconnect with my mom. it's very important to keep loved ones close. we know that creating memories with loved ones brings so much joy to your life. a family trip to the team usa training facility. i don't know how to thank you. i'm here to thank you. exchange." a quick market flash for you as we watch the airline stocks in the premarket. the

they have sam altman where they want him. >> the first battle in what is going to be a long-fought pitched one reallyecause alphabet is not giving up. others want a large piece of that pie, too, and what we're learning today, steve kovach, who joins us now, our chief technology correondent, survey says more good news. >> we surveyed members of the cnbc tech executive council on i.t. spend and more specifically, around ai, and the result, from councilmembers made up of ctos, cios, tech ceos, et cetera, looking to aelerat their spending in artificial intelligence over the next year. more than half, 59%, say their companies are aclerating others are more caious aut it. one is noring ai and w 41% say they plan to spend the most capital on aiver the next i found that surprising in light of the slew of hacking reports. where does that spending g we asked members about enterprise level ai, ie, co-pilot, chatbots from microsoft, salesrce and the like. more than hatclf of them, 55%, y they plan to purchase enterprise software within the next six months, and that's good news for microsoft and its pr

evenen sam altman, the ceo of opopenai, whicich prproduces ch and all these systems, has called for regulation>> do the right thing for humanity. >> my worse fears are that we cause signgnificant ---- we, th field, the tecechnology, t the indudustry causese significacan to thehe world.. we want to work with the governrnment to prevevent ththa happening. >> reporter: in the summer, altman and other big a.i. players agreed to voluntary regulations like running security tests before releasing a.i. systems. president biden, among other things, just made such tests mandatory. >> i'm going to be clear. this executitive order represen bold actioion, but we stilill n cocongress to o act. >> y you're optimiststic. >>>> i'm optimistitic. >> repeporter: jusust across t y frfrom bererkeley, in downtotow franciscsco, i m met 2 26-year- alexex wang, onene of the tech leadaders fuelining the a.i. ar race. >>>> i starteded the company wh wawas 19. . >> thahat takes s some balalls. >> what went through my hehead the technonology is gogoing g t soso fast, thahat i'm m going t reallyly regret it if i don't g inv

sam altman was fired and brought back, a reminder we can't trust these companies to govern themselves the world. in any industry we need regulation. they don't necessarily have the expertise. we can't just let congress. we need people whose full-time job it is like the fda who have the expertise to figure out what the regulations are. and scientists like myself who don't have the best interests. stuart: is a too early to have the lead? google says it is gemini and gpt, outperforms. >> i see the big stock today. it's good that google got something out. there's a video that is edited. the realities and quite as nice as the video but if you look at their data, it looks like overall it is similar to gtp and has some profound implications. if open and i were the only player in the game, that would be one thing. if google is in the same game you have a dynamic where people are arguing on price and it is not clear. nobody has the technology to move against us. prices will go down as a commodity thing. the other thing that is interesting is google spent $1 billion. why didn't they spend 20 or

. >> it's just when sam altman's through and talking about the super brain, you don't get -- i mean,ain, you can talk to it. maybe it's going to be in your pc. tell me what -- give me what you think david faber should say, but make it better. >> yeah. well, look, this microsoft nuclear news. they're not only going to power a.i. with nuclear, but then use a.i. to expedite the nuclear approval process. >> well, three mile island. i don't know. i'm pro-nukes. >> just bauy uranium. lot of small nuclear power plants. clean, safe. >> i felt after listening to sam altman how you make a lot of good points about how we're not -- >> we're superfluous. where is your digital god now, moses? >> he always defaults to "the ten commandments." >> why wouldn't i? cecil b. demille. that was a big movie. >> sophisticated. mostly expressions. >> until i'm replaced by my digital avatar, i'm going to do a faber report. they're not going to -- they're going to have to pull me out of here. look at that face. don't we want to keep seeing that? >> that looks better than any machine i've ever seen. >> update on