sam altman convinced decarlos love to run it.nd openai's startup fund. >> very little is being done to improve our behaviors, behavior change is hard. ai is uniquely positioned to provide a solution here, because of the high personalization is made possible, and because of its super human memory that can collect potentially billions of points. >> so this will be available as a mobile app offered through businesses and partners on thrive's platform. it's device agnostic. altman has been seeking funding for personal al ai device and altman continues to build this broad ai ecosystem through openai itself. his open personal investments thrive ai is now the latest piece of that. >> i still wonder how many people will download it. it's one more app in a very crowded field. >> yeah, and i spoke to her about this. this is going to be essentially offered from your company, and there's concerns always with the data, health data, sleeping data. her aim is to make you more productive. that makes a lot of sense for the work and for the busine

sam altman was full of fighting talk, posting on social media, "we think there's room to make it much it is today." right now it is just a prototype, but it could mark the start of a threat to google's dominant search engine — and it comes at a difficult time for google, which is awaiting a federal judge's ruling this autumn on a landmarkjustice department antitrust lawsuit which is targeting its alleged monopoly over the online search market. openai, as i said, did not specify a specific timeline for when searchgpt will get a wider roll—out. southwest airlines is shifting to assigned seats for the first time in its history. open seating has been a hallmark of the brand for decades. but the carrier has been under pressure to improve results and shore up its share price. executives say the changes will "unlock new sources of revenue". this week, the farnborough airshow is taking place south of london. with the war in ukraine and the conflict in the middle east, us contractor lockheed martin has an order backlog worth $160 billion and sales grew nearly 10% over the past year. the bbc�*s

sam altman was full of fight taught, posting on social media, "we think there's room to make it muchust a prototype, but it could mark the start of a threat to google's dominant search engine — and it comes at a difficult time for google, which is awaiting a federal judge's ruling this autumn on a landmarkjustice department landmark justice department antitrust lawsuit which landmarkjustice department antitrust lawsuit which is targeting its alleged monopoly over the online search market. openai, as i said, did not specify a specific timeline for when search gpt will get a wider roll—out. this week, the farnborough airshow is taking place south of london. with the war in ukraine and the conflict in the middle east, us contractor lockheed martin has an order backlog worth $160 billion, and sales grew nearly 10% over the past year. the bbc�*s theo leggett has been speaking to its president and started by asking him how the company is adapting to new technology like ai. we are continuing... because of its age, it's not effective. i will tell you that's the difference between what a lock

sam altman was full of fight taught, posting on social media, "we think there's room to make it muchay." right now it is just a prototype, but it could mark the start of a threat to google's dominant search engine — and it comes at a difficult time for google, which is awaiting a federal judge's ruling this autumn on a landmarkjustice department antitrust lawsuit which is targeting its alleged monopoly over the online search market. openai, as i said, did not specify a specific timeline for when search gpt will get a wider roll—out. this week, the farnborough airshow is taking place southwest airlines is shifting to assigned seats for the first time in its history. open seating has been a hallmark of the brand for decades. but the carrier has been under pressure to improve results and shore up its share price. executives say the changes will "unlock new sources of revenue". this week, the farnborough airshow is taking place south of london. with the war in ukraine and the conflict in the middle east, us contractor lockheed martin has an order backlog worth $160 billion and sales grew

in the bay area, if you're elon musk or, you know, sam altman, you can buy a house and you pretty muchlebrity effect >> he pointed to the recent purchase of a $70 million home in san francisco as evidence the luxury market is booming the city is starting to shake off its doom loop reputation guys, i can tell you, i'm hearing less doom loop and more gloom loop because it is the summer jon, you know well the summers here are gloomy and not very hot. >> residential areas of san francisco have been just fine for a while now. it's those areas that are dominated by office that are ghost towns. it's quite nice where the multi-million dollar -- well, they're all multi-million dollar homes in san francisco where the tens of million dollars homes are. >> billionaire's row, right? pacific heights area >> not what i'm looking for but, yes, that's what i was trying to mention. >> the term, that's what david sax held the trump fundraiser, as well. that's the area where powell-jobs bought the $70 million home. >> i think a lot of people who bought during covid and are not that pleased with their home

it's from a study conducted by sam altman, the ceo of openai, who has warned about major job losses acrossrtain industries. as artificial intelligence grows more powerfu. >> the speed of the change that may happen here is the part that i worry about the most. >> altman study gave 1000 low income people $1,000 per month over a three year period. it was free money. no strings attached. it's something former presidential candidate andrew yang supported during the 2020 campaign. >> this would create millions of jobs, make our children and families stronger and give all americans a better chance to transition in the economy of the 21st century. >> altman study found people mostly spent the extra money on basics such as food, rent and transportation. the largest increase in their spending was to help family and friends with their bills. many people also put money in the bank on average, with the extra money they worked about one hour less per week. the research was conducted amid concerns that artificial intelligence will eventually make millions of jobs obsolete, leaving many people scrambling

openai chief executive sam altman says governments will need to assume the bulk of responsibility inions. and will employees end up training ai systems only to be replaced by them? the new york times also looks at how call centre workers are quickly being overtaken by generative ai, and there are now warnings the entire industry could be comprised mostly of ai chatbots in as soon as a year. later in the programme, we'll speak to the writer of both those new york times articles. with me now is our regular ai contributor stephanie hare and also with us, chintan patel, chief technology officer for cisco in the uk and ireland. and joining us from san francisco is nathalie scardino, president and chief people officer at salesforce. really good to have you all on the programme tonight. let me start with the numbers on how manyjobs could be destructed by aim i think you put it at 23% of all jobs will evolve. it sounds manageable as a number, but when you start to look at the individual roles, it is a huge number. , , . individual roles, it is a huge number. , ., ., ., ., number. this is a t

the sam altman behind chatgpt put in his own money in 2016. they looked at it.eople were not productive. they did nothing to go and attain educational achievement or start businesses. all you did was make people more comfortable with being mediocre. >> lawrence: tell me about the financial transaction. >> it means every time we make a transaction, a move in the stock market they want a piece of it. biden did the whole thing with $6 hundred with convenient mow. imagine a small business and you are filling out the forms for a $6 hundred transaction. they want a piece of everything. go after every single thing they can. this is expensive. universal basic income alone $3 trillion over ten years. you have to find that money somewhere. >> lawrence: they are still backing the student debt relief. then you go to the reparations committee. how do they pay for it and who gets the reparations? >> i'm not sure kamala harris will qualify for it. here is the thing. again, it's all about grievance, not economics. it's all about rewriting the wrongs of yesterday. they are fight

sam altman will integrate it into the chatgpt tool. >>> a quick check of futures.ncing back after more weakness in yesterday's trading session. the s&p 500 adding on 40 points. the dow jones adding 189 poibnt. the s&p and nasdaq posted the sixth negative session in seven. >>> u.s. second quarter gdp grew 2.8% on the year. well ahead of the 2.1% the investors were expecting. the core pce price index rose 2.9% ahead of estimates, but well down on the 3.7% reading in q1. let's talk about that because u.s. inflation is expected to continue the downward trajectory in the month of june and moderated by falling gas prices. overall, core pce is expected to rise 2% on the year and the overall reading is seen ri rising .08 basis points on the month. the fed is expected to keep rates on hold. let's talk about this with jeffery yu at bny mellon. >> the fed should be happy with the direction of travel and plat reading. any downside surprise, i think, some of the trades are suggesting that even a cut next week they might tactically be brought back on the table and we think septe

it is not sam altman, is not bill gates. it is not mark zuckerberg, not sheryl sandberg. think of, larry page, any real tech titans, the average person would think of are not supporting trump-vance. as you mentioned, that $150 million just came out of nowhere. more than doubled the coffers of the harris campaign had to work with before, which is fantastic. and that is on top of the $100 million grassroots can make. now these plutocrats are at the table giving a lot of money. it is a big thing tomorrow afternoon. i don't know if it is a secret or not. >> shared >> rat harper paul weiss is pulling together's interview and rob maguire, rodney mcguire of lazar are pulling together 50 humongous donors ray maguire. thanks. you know all your business, exactly. >> he ran for mayor of new york city before. before you go i want to ask you about president biden. he wrote a whole book about ceos passing the torch and you had an essay in fortune this week about the president's decision. how important is the way that president biden is handing off to vp harris? >> this voluntary surren

training, concerns about sam altman, concerns about their technology, concerns about ethics and artificialnce, concerns about had a house haitians, it does make sense for someone like schiller with that mindset to be the one in that board observer role, especially if they're looking for someone who's not from the a.i. side at apple, who would be in direct competition with the a.i. side of open a.i. >> yeah, and some awkward moments there maybe having to be excused from certain board meetings when they really get into the nitty-gritty of a.i. i'm interested in whether or not it is all about open a.i. for now, because they were in talks with other providers for other models. >> yeah, open a.i., certainly they've said for a while offers the best chat got with chatgpt, and that feature that open a.i. is integrated into, it's all about the chat got, all about texting questions or voicing questions while using your iphone, ipad, or mac. and as i report, that's going to come to the apple vision pro as well as early as next year. but it doesn't stop at open a.i. apple's goal is to have a system th

it is expected to haul in $28.7 billion in sales but whether ceo, satya nadella, and sam altman willmassive spend on a.i. buildout versus the returns they're seeing from the a.i. spend. we're also expecting earnings from starbucks and amd. right now microsoft is down 2/3s of a percent. amd down a third of a percent. our "countdown closer" says you know what? it is not bad. you should actually be in both tech and the food sector like starbucks and microsoft maybe, but not those two names. jack ablin has 53 billion in assets under management. jack, which names do you like if not those? >> sure. actually microsoft is not a bad play. you know, it is part of the mag-7 has done so great in the first half and is trailing the second half but we like other names too. we really like quality, quality companies. we like ibm. certainly, probably one of the innovators in a.i. in the tech space. we also like mccormick spice company. has a 2.2 dividend yield. we expect that to grow at 6% per year over the next three years. then chubb, the property casualty insurer, 1.3% dividend yield. expect to gro

. >>> openai sam altman's unconditional study released its first result. the project looks at giving poor americans $1,000 no strings attach, to cover basic needs. the research wasn't enough to significantly enough to improve well being and health. >>> mattel including the first blind barbie. the new dolls were created in partnership with nonprofit advocacy groups and are available now at major retailers and online. >> all right, kate rogers, thank you so much. >>> coming up, as we've mentioned vice president harris on the campaign trail today. >> i spoke with voters in one key swing state about how they feel about the change in the feel about the change in the race, we'll have their if you have moderate to severe ulcerative colitis or crohn's disease... put it in check with rinvoq... a once-daily pill. when symptoms tried to take control, i got rapid relief and reduced fatigue with rinvoq. check! when flares kept trying to slow me down i got lasting steroid-free remission with rinvoq. check! and when my doctor saw damage, rinvoq helped visibly reduce dama

sam altman tweet that had this will eventually integrate into the main chatgpt app. this is an speerexperiment righ. they're going to learn from it and incorporate it into their main product. put that in context. microsoft's bing chat which was announced 18 months or so ago failed to gain share from google, despite the fact microsoft said for every point of market share we gain against google, we're going to make a billion dollars in ad revenue. that never happened. it's way too early to tell if this is much of a threat to google. the market seems to think it's time to take three points off alphabet. >> it is amazing that the market assumes whatever competitor comes in, so in terms of microsoft and the failure beginning to gain traction, do you think it's just because people didn't like bing to begin with and people didn't want to go back to bing because they thought that wasn't a good search engine to begin with? >> think of the distribution power google has. it is the default search engine on iphone, pretty much every browser, fire fox, whatever, obviously chrome.

microsoft took the seat after a power struggle in which openai ceo sam altman was fired and then reinstatede surprise announcement comes as antitrust regulators are looking into the ai partnership. microsoft is reportedly invested $13 billion in the san francisco company, while shares in big tech companies powered higher on wall street with new records for all three major indexes, the dow is up more than 429 points, the nasdaq gaining 218 and the s&p was up 56 to close above 5600 for the very first time. and federal reserve board chair jerome powell testified for a second day on capitol hill. speaking to the house financial services committee, powell stressing here that while inflation remains above the fed's intended target of 2, there are signs that the situation is improving. he said that the fed is making decisions meeting by meeting as they determine whether they can lower interest rates without sparking more price increases. the central bank is also keeping a very close eye on the job market for indications that the economy is cooling, in light of the progress made both in lowering in

it was conducted by chatgpt ceo sam altman. study gave $1000 to low-income people $1000 per month over a three-year period. no strings attached and it found that people mostly spent it on basic needs like food and rent and transportation, their largest increase in spending was to help family and friends with their bills. on average people only. worked about an hour or less per week. critics dismissed the idea of a basic income as an american comparing it to socialism and they say it leads to dependency. >> it's city officials will celebrate the opening of a new affordable housing development for seniors today. it's in the 1600 block of valencia street. mayor breed will be there and others at 11 o'clock this morning. it's 6.26. and coming up on the kron 4 morning news. >> the driving force behind low property values and the public service. it may affect public service. it may affect in santa clara county. 's compay just scored the comcast business 5-year price lock guarantee. high five! high five... -i'm on a call. it's 5 years

well a three year study conducted by bay area tech executive sam altman is out.study, a thousand people were given $1,000 per month, no strings attached. and it turns out when you give people money like that, they spend it on bills, they spend it on rent, they spend it on groceries. some of them also saved it. the research was done amid concerns that i will eventually make millions of jobs obsolete, leaving many people scrambling to find new ways to make a living. altman is a ceo of san francisco based openai. >> with every great technological revolution in human history, although it has been true that the jobs changed a lot, some jobs even go away, and i'm sure we'll see a lot of that here. >> this idea has been tried before. we've talked about it quite a bit here. universal basic income critics say it's un-american and they compare it to socialism. next, at 630, breaking election news, another candidate has just entered the race for governor, and it's a well known name. plus, the local school district asking parents to keep giving, keep from giving their kids s

a three year study conducted by bay area tech executive sam altman is ou, and this is what it found. during a study, 1000 people were given $1,000 a month with no strings attached. people ended up spending it on bills like rent and groceries. they also saved the money. research was done amid concerns that artificial intelligence will eventually make millions of jobs obsolete, leaving many people scrambling to find new ways to make a living. altman is the ceo of san francisco based openai. >> with every great technological revolution in human history, although it has been true that the jobs changed, a lot, some jobs even go away, and i'm sure we'll see a lot of that here. >> so this idea has been tried before. it's known as universal basic income. critics say it's un-american and they compare it to socialism. >> our big night for abc seven's parent company, disney last night, was a red carpet premiere for deadpool and wolverine in new york city. ryan reynolds and hugh jackman were on hand for the big event. it's been six years since we saw deadpool on the big screen. seven for wolveri

altman. and in it, researchers gave $1000 to low-income earners about 1000 low income earners. and they did that every month over a three-year period with no strings attached that could spend that money any way they want. well, they found that most people spent money on basic needs like food and rent. a transportation. those essentials, their largest increase in their spending was to help other family and friends with their bills. on average people only. worked about an hour less per weekend. there had been some critics who dismiss the idea of basic income as an american comparing it to socialism and they say it will lead to dependency. we'll see what what researchers get as they analyze this data. >> in these bay, oakland, animal services are expanding their fundraiser for their campaign for the love of all things. take a look at some of the things to come by here. really? pretty cool. limited edition t-shirts. tank tops, sweatshirts and every $8 from each item sold is donated to the nonprof

. >> it's from a study conducted by sam altman, the ceo of openai, who has warned about major job lossescertain industries. as artificial intelligence grows more powerful, the speed of the change that may happen here is the part that i worry about. >> the most. >> altman study gave 1000 low income people $1,000 per month over a three year period. it was free money, no strings attached. altman study found people mostly spent the extra money on basics such as food, rent and transportation. the largest increase in their spending was to help family and friends with their bills. many people also put money in the bank on average. with the extra money, they worked about one hour less per week. the research was conducted amid concerns that artificial intelligence will eventually make millions of jobs obsolete, leaving many people scrambling to find new ways to make a living. >> although it has been true that the jobs changed a lot, some jobs even go away, and i'm sure we'll see a lot of that here. >> critics dismissed the idea of a universal basic income as un-american, comparing it to socialism

it's not sam altman or bill gates or mark zuckerberg. almost anybody you think of.e not supporting trump. as you mention, that just came out of nowhere. that cais on top of the 100 million-dollars grass roots coming. they are at the table giving a lot of money. this is a big thing tomorrow afternoon. i don't know if it is a secret or not. brad carp is pulling together. rob mcguire are pulling together 50 humongous donors. >> ray mcguire. >> ngyou still know your business. >> he ran for mayor of new york city. before i let you go, i want to ask you about president biden. you wrote a whole book about ceos passing the torch and you had an essay in fortune this week about the president's decision. how important is the way that president biden is handing off to vp harris? >> this voluntary surrender of power is rare. to see that kind of nobility, it is george washington of course modeled it back in 1797. and it was remarkable to put country over personal ambition. a roman emperor once did this way long ago. but when harry truman did it in 1952 and lbj, people took note.

gpt ceo sam altman. the study study gave 1000 low-income $1000 per month over a three-year period but no strings attached and how they spent it. it found that people mostly spent it on basic needs like food, rent and transportation, their largest increase in their spending was to help family and friends with their bills. on average people only worked about up an hour less per week. critics are dismissing the idea of a basic income as an american comparing it to socialism. saying it will lead to dependency. next here at 3 health council member is asking for backup from the chp. also a guilty verdict in last year's. >> disastrous east bay plant, recycling fire. we have message. you know, we'll go over that story. also, california forever has been pulled from the ballot. why this billionaire back develop >> all right. it's a hot one out there live. look here at the city of san francisco. even in the city, but a lot harder for our friends in the east bay today. kyle is tracking the temperatures now. yeah, i

but projects that could grow by more than tenfold by 2030 earlier this year, sam altman, the ceo of openai, which makes chat gpt, said this to bloomberg we still don't appreciate the energy needs of this technology. he went on to say, we need a breakthrough in clean energy because ai is appetite, is at a scale that no one is really planning for for indeed, altman is so concerned that he has gotten heavily involved in several clean energy startups attempting to make just such a breakthrough on. the, bright side ai can actually be a useful tool for cutting greenhouse gas emissions i can quickly digest and analyze reams of data. so it is already designing more efficient transportation routes greener manufacturing processes more sustainable farming practices, even reducing the carbon footprint of data datacenters. a 2021 study by the boston consulting group argued that if companies deployed existing ai technologies across the board, they could slash their emissions by an eye-popping five to 10% easier said than done. but there's certainly a big opportunity even more enticing of the technologic

but projects that could grow by more than ten fold by 2030 earlier this year, sam altman, the ceo of openai, which makes chat gpt, said this to bloomberg we still don't appreciate the energy needs of this technology. he went on to say, we need a breakthrough in clean energy because ai is appetite is at a scale that no one is really planning for indeed, altman is so concerned that he has gotten heavily involved in several clean energy startups attempting to make just such a breakthrough on the bright side, ai can actually be a useful tool for cutting greenhouse gas emissions if i can quickly digest and analyze reams of data. so it is already designing more efficient transportation routes greener manufacturing processes more sustainable farming practices even reducing the carbon footprint of data datacenters. >> a 2021 study by the boston consulting group argued that if companies deployed existing ai technologies across the board, they could slash their emissions by an eye-popping five to 10% easier said than done. >> but there's certainly a big opportunity even more enticing of the te

altman. done even in the last few one study found that just $250 a month for adults and children could potentially again, this could actually reduce poverty by some 40% from amie xavier some 40% from amie xavier walton news nation. ♪ rise ♪ ♪ rise ♪ ♪ rise ♪ (alarm beeping) ♪ rise ♪ ♪ and thrive! ♪ (♪♪) belvita! >>awareness to the viral disease for more on this kron four's justine waltman spoke with the richard so executive director of hep b free. >>i think we have to start the beginning of what is happened. titus, pete, how do people get it and how can we is there a vaccine or cure? yeah, absolutely. hepatitis b is a live transmitted through birth blood in sacks. >>but the vast majority of asian pacific islanders get it from mother to child transmission during that birth, which leads to this chronic infection that ends up leading to liver cancer, having that chronic version makes you 100 times more likely to get liver cancer. the terrible thing about it is the vast majority people have no sy

. >> sam altman, the openai ceo, wrote an op-ed in "the washington post" this week talking about authoritarianat and how we need to protect ourselves against that. we've heard these kind of arguments before from other big tech companies saying, you know, if you don't let us do what we want to do china is going to come in and beat us. how do you think that plays in on the ai front based on what you you just -- what altman said in the op-ed? >> i would never bet against the enfwi new whichty of american companies. our super power in the united states is our ability innovate and grow and from the innovation to come from all corners of our society including small companies, medium sized companies and large companies. we are at our best when we are enabling as many innovative competitors to reach market as possible. that's ultimately how we are going to succeed. that's how we have succeeded and i think it's really exciting. we need to make sure there's an opportunity for companies to compete and build. >> you guys are in the early stages of your antitrust case against apple. that does not really de

. >> one of the things you hear from the folks who run anthropic or sam altman, there is an opportunityad guys to access this stuff and it makes it almost too easy for bad guys to do bad things. >> it is easier for a bad guy to access centralized api and do bad things. we haven't seen any bad usage of the open source. everything we have seen has been positive. it has been positive for safety research and understanding the links. we believe this is the safest way to go forward. >> speaking of this issue, one question mark is competition in a.i. you are a startup and one of the few succeeding that is not one of the biggest of the big. why are you able to do that? part of that is a fundraising issue, i think, but more broadly, how much is it about capital being able to deploy capital to buy nvidia chips, effectively? >> it is about capital. we have access to capital. in that respect, it has been fine for us. it is also about talent. there, we got started quickly. it is an advantage to be here because there is a lot of talent and concentration on the junior side. the good thing about a.i.,