it is ai. today, programs like turbotax are just routine software, they no longer are viewed as artificial intelligence. this is what i mean by a moving target. it hinges upon a subfield of the umbrella term, artificial intelligence. that is machine learning. the difference between machine learning and traditional software is that whereas with a traditional computer software system, every line of computer code is typed out by human hands. the intelligence of that system represents what humans know they have programmed into these computer rules. sheena learning systems are different. they generate their own rules based on what the system has learned from a training data set. it is the widespread application of machine learning that has led to these performance breakthroughs. host: what are some of the risks and benefits -- particularly of this new machine learning technology? guest: one of the benefits is that it is good at things that traditional software is not necessarily good at. a lot of ve

the ai is highly suspicious. and in the fast moving game of ai artwork, who owns what?nd can artists protect their work? for some time, artificial intelligence has been all around us. you might not have noticed it, but your video streaming services, social media feeds, the maps on your smart phones, they've all been steadily improving their performance because the computers behind them have been learning. and then last year, something important happened. yeah. ai got human — or at least it felt like it did. companies like google and openai started showing off stunning photorealistic images like these, all created by ai from short text descriptions. and then ai started having conversations with us. they were starting to generate stuff that felt human. this field of generative ai seems to have exploded so quickly. chatgpt is the single fastest—growing application in human history. and it keeps getting better. the latest version, gpt�*i, even seems to be able to look at a picture and work out what would happen next. and just look at what the latest ai image generators can

of ai. anthropic's ai assistant, claude is based on its research into training helpful, honest, and harmless ai systems. that's --mr. bengio is a worldwide recognize leading expert in artificial intelligence, known for his conceptual and engineering breakthroughs in artificial neural networks and deep learning. he pioneered many of the discoveries and advances that have led us to this today -- this point today. he is a professor of computer science at university of montrÉal and the scientific director of quÉbec artificial intelligence institute, one of the largest academic institutes in deep learning. and one of the three federally funded centers of excellence in ai research and innovation in canada. i'm not going to repeat all of the awards and recognitions you have received, because it would probably take the rest of the afternoon. we are also going to be joined by stuart russell. he received his ba with first class honors in physics from oxford university in 1982, and is a phd in the comp

with ai.third, testing and evaluation. this is one of the most important ways to ensure ai models are accurate, reliable and uphold the dod ethical ai principles. the administration embraces concept by howling skills harlan skillsbubbling evaluatior frontier lom's. fourth pathfinder projects but congress should authorize and fund new programs with the mission developing innovative ai power at work finding capabilities britain's project was screwed more than six years ago note new ai path finder projects have begun. fifth, upscaling the workforce. u.s. should invest in rapidly train the dod workforce for ai. already worked on this with the dod to tackle this challenge head on. in st. louis be established in ai center created more than 300 ai focus jobs. range from entry level labor student machinery engineer with advanced degree. the race for global ai leadership is well underway. could not be more excited to do everything in my power to ensure the u.s. wins. it is in moments like this that con

ai. we want to have a discussion in the open that your average american can understand today. demystify a lot of the concepts surrounding ai. the thing about this topic that may sound counterintuitive but i have been going back to the history of the early cold war, in particular i am obsessed with the korean war, the moment in which the cold war first turned very hot at great cost to americans and greater cost to the korean people themselves. i was reading an obscure book about it and came across the words of historian who said at the heart of west military thought lies the belief that machines must be used to save its men's lives, career would progressively become a horrific illustration of the effects of limited war where one side possessed the firepower at the other the manpower. there's a lot of ways to interpret this in the current context particularly of this hearing. one is that ai could potentially increase the destructive power of modern warfare, the others it has potential to de

government on ai. it's also heavily investing in the enabled drones down to radar systems, autonomous vehicles and has launcheded over 79 models since 2020. ai is china's apollo project. to lead the world in the development of ai we must lead high-quality data powering ai. scales committed to doing our part to support the u.s. government to ensure america remains at a strategic advantage. today we do so in three ways. one, scale data. we prepare data for the u.s. government. autonomous mission systems we partner to develop a data engine to support the vehicle program. three, we develop the ai power decision-making platform that rapidly helps u.s. government to sense of real-world information. the dod has also takenor a numbr of steps in the right direction most notably with the launch of an artificial intelligence office. while the progress is promising more must be done to ensure. the over matches our life pillar to plan to maintain the united states security and technological edge in this era. first,

that being said it does not meet all ai is people. -- does not mean all ai is evil. we have a young son with a genetic disorder and my daughter we also spoke about when through speech therapy for six years. advancements in accessibility that ai can help these children grow and overcome disability is incredible. it was very difficult for us and that is why i knew -- it is very difficult to be able to get both of them into developmental pediatrics and speech pathology to help them improve and overcome their disabilities. i think by allowing education or accessibility to certain types of specialized medicine, specialized care, that can be beneficial. i do not want to speak negative about ai. happened to me was the tragic side but the other side, there are hopeful advances to improve life as well. >> thank you ms. destefano and dr. madry, both ms. givens and mr. cain wade in on the need for an international regulatory agency. what are the standards or thresholds or capabilities such an entity would regulate? >> first of all, you want to have an agency in place to pay att

led effort on ai would have from a chinese led effort on ai. so that u.s. in technology, software technology like ai, where we have quite a lead, all of these companies are in the u.s., his focus on bottom up delivering solutions to customers and users. in china, everything has that predicate how is it a threat to the states and the ruling party? with that, there technology will be aimed at supporting the party first rather than trying to deliver solutions. those competing visions for ai are what i talk about when i talk about a race. host: this is jc, the line for independence. caller: i have a question about artificial intelligence, ai, and how it impacts society, humidity. when we have your ones and zeros being controlled by somebody to shift into the wrong path, how does that benefit society rather than going into those creations? the need to guide us so it does not destroy the earth and the galaxies, the universe. host: a philosophical question. guest: i think computer ai is a tool. i think tools are as useful and as harmful as the people behind them.

it is ai. today, programs like turbotax are just routine software, they no longer are viewed as artificial intelligence. this is what i mean by a moving target. it hinges upon a subfield of the umbrella term, artificial intelligence. that is machine learning. the difference between machine learning and traditional software is that whereas with a traditional computer software system, every line of computer code is typed out by human hands. the intelligence of that system represents what humans know they have programmed into these computer rules. sheena learning systems are different. they generate their own rules based on what the system has learned from a training data set. it is the widespread application of machine learning that has led to these performance breakthroughs. host: what are some of the risks and benefits -- particularly of this new machine learning technology? guest: one of the benefits is that it is good at things that traditional software is not necessarily good at. a lot of ve

to deliver to embed ai responsibly by trying to measure, monitor, and manage ai risks. you make of the safeguards that are driven by the administration right now? >> so good to see you again and thanks for having me on the show. just a reminder, credo ai, we are on this mission to ensure ai is always in service of humanity and we do so by providing an ai governments -- governance software that provides oversight and accountability of artificial intelligence by managing, mitigating, and monitoring ai introduced risks. today's announcement we are encouraged to see the biden/harris had administration come to the commitment to responsible innovation as well as ai governance. i think a lot will be seen in the coming months because, right now, these are still voluntary commitments and what is going to be important is the executive order that is going to be coupled with these commitments. that is where the eyes are right now. caroline: meta saying these voluntary commitments are important as a first step. let's talk about the commitments . big names, private names like a flexi

in a safe way, if we build ai in a trusted way and if we build ai in a trusted way and if we build ait this regulation right globally. if we can get this regulation right aloball . �* , ., ,, if we can get this regulation right aloball . �* , ., i. ~' if we can get this regulation right aloball . �* , ., ,, ~' . globally. briefly, do you think that will happen? _ globally. briefly, do you think that will happen? do — globally. briefly, do you think that will happen? do you _ globally. briefly, do you think that will happen? do you think- globally. briefly, do you think that will happen? do you think we - globally. briefly, do you think that will happen? do you think we willl will happen? do you think we will get mankind... as humans, will we get mankind... as humans, will we get it right? a lot of time, we get things wrong. i get it right? a lot of time, we get things wrong-— get it right? a lot of time, we get things wrong. i think we have a lot of ulobal things wrong. i think we have a lot of global support _ things wrong. i think we have a lot of global support at _ things wrong. i

everything is ai today. it is ai or die. it is not like mi aivc. ai is touching health care, fintech, consumer tech, security, pretty much every partner at greylock focuses on ai, myself included. >> can you help us understand where the immediate opportunities are? there has been various reporting on how jasper has had to cut back on its headcount. experimental ceos, engineers within big companies are willing to adopt open force models, easier plug-ins anyone anticipated going first. how are you seeing actual adoption of the companies you are invested in? >> two things, one, they are spot on. 15 years ago, every customer had a cloud strategy. had to talk about how to move to amazon. big and small, has to have an ai strategy. every portfolio company is benefiting from ai. the second question is the difference between plug-ins, models, open-source. that is a question we have been asking. where are the business models in ai going forward? chatgpt, palm from google, what they do to build a mode around the ai models. one hand, you talk about system enga

ai.similarly ai and newton's work on gravity both are based upon data and computational power. it is not just the math. nugent built of course on galileo's work, gather data from other scientists researches computational power come up here is mine and his quill pad. discussions aboutut ai go back t least to the mid- 20th century. you may remember alan invitation game. the enigma while in 1950 he wrote a seminole paper computing machinery and intelligence open it with quote i propose to consider a question, can machines that think." in the 1980s world chess champ claimed a computer would never be a grand master. and 96 only a year later kerri lost the deep blue fast forward 14 years, ibm watson using brute force compositional power to win jeopardy. those 2011. watson had been fed more than 200 million papers of documents from dictionaries to novels. ken jennings the jeopardy champ of the time wrote on the screen during the final jeopardy i for one welcome our new computer overlords. think

ai is the same. it's taking a lot of the information and it allows us to digest is and move it -- use it more effectively and we are going to see this feedback loop continues to grow as long as we sort of exist within this organization. so in this sense i do not see this as something new. we've been dealing with this for hundreds of years. this process of growing information and applying it but it does not have to be negative. if you want to have a welfare state you need to know how much money people make and where they live and if they are employed, it the only way you can start to provide them benefit so there are some positive aspects to this and i think it is really easy to get lost in this idea that it is all about profit. to some extent it is not part of it is just because of how the world is structured, which is something that happened a long time ago. jacob: a good question about national security. are there authors or books that suggest that -- you could suggest that discuss ai in relation t

i'm interested in ai more broadly. aws is showing off its ai prowess.aroline: how much is ai going to drive cloud adoption? >> it will be significant across the board. azure and microsoft 365 rolled out pricing. companies like salesforce are saying if you want our best ai features, you have to use our services in the cloud. different companies, you don't have a hyper scale cloud so you have to use azure or aws. we are seeing the market and have done some market forecasting and we see this market growing by three fold over the next five years. caroline: are we talking cloud adoption? >> we are saying the ai market so we see a $60 billion market right now. our forecast for five years out shows almost $180 billion in hardware, platforms, software. this is a 22% growth rate which is big but for how much? i think it will be quite a bit bigger and there is conservatism in the forecast. i was using bard and jeep -- and gpt. i'm not using them as much. when we are using these things were business and enterprise is when they come in handy. caroline: when you mod

base levels of sanity in ai.is where i would start. >> very interesting, nonproliferation of ai within nuclear discussion. thank you very much. around the world and here in the u.k.. you are watching bbc news. a great look at some of the other day news around the u.k. a mother who was jailed for illegally of painting abortion tablets to end her pregnancy will be released from prison after a automobile reduced her sentence. carla foster was given a 28 month sentence after illegally procuring her own abortion when she was between 32 and 34 weeks pregnant. the judge said hers was a case for compassion, not punishment. a case against the former manchester united football orion gates do to face a retrial of domestic violence charges later this month. he was with -- in case with with strong at a hearing this morning. four teenagers charged with the murder of a 16-year-old boy who was stabbed on saturday. he died after being stabbed. the 19-year-old men and two 16-year-old boys had been detained overnight on sunday. you

ai is not something that popped up six months ago. if we think about google maps for example, if you go to a place you have never been before, you just type the name into google. you do not even think about it. you put it on the dashboard and follow the instructions. 20 years ago, someone would have said this artificial intelligence mapping is incredible and so smart. that is incredible. i think the technology has definitely changed. it does feel like a big moment. we are still not sure if this is like when the internet just got invented and everything is about to change or if it is more that something changed in an iteration. some things will change but it might not be the seachange where all of our jobs go away and everything needs to completely change. >> i want to bring you in. there is also conversation about how making ai technology free could be a watershed moment. how is it affecting content creators? i know it is a broad question because we are all grappling with the change. >> i'm going to take that one at a time. the first

i the worlds first ai centred, ai re ort. . , the worlds first ai centred, ai re ort. ., , ., the worldsai centred, ai re ort. .,, ., ., the worlds first ai centred, ai reort. ., ., ., the worlds first ai centred, ai reort, ., ., ., report. i was going to say to you did ou report. i was going to say to you did you use — report. i was going to say to you did you use ai? _ report. i was going to say to you did you use ai? i _ report. i was going to say to you did you use ai? i thought, - report. i was going to say to you did you use ai? i thought, no i report. i was going to say to you i did you use ai? i thought, no way. in the report it says that the use that 17,000 parameters to model the impact, that's a kind of scale that only ai can really comprehend or make sense of.— only ai can really comprehend or make sense of. let's talk about the most profound _ make sense of. let's talk about the most profound shift _ make sense of. let's talk about the most profound shift in _ make sense of. let's talk about the most profound shift in terms - make sense of. let's talk about the most profound

wang, wrote on the ai war and how to win it.ou set our current operating model continuing on this trajectory of 10 years could lead to us falling behind. why the organizations continue on this path to demise even though the future is painfully obvious? the reason is inertia. the third is an article by and recent which talks about the -- by andreesen in which he talks about ai and says the greatest risk is china wins the dominance of ai and the u.s. and west do not. i propose the same strategy ronald reagan used to win the cold war against the soviet union, which is we win and they lose. i ask for unanimous consent to enter them. never eject and. ordered. you have five days to enter papers for the record. the hearing is adjourned. >> since 1979 in partnership with the table industry c-span provided complete coverage of the halls of congress from house and senate floors to rational hearings, party briefings, and meetings. c-span gives you a front-row seat to how house issues are debated undecided with no commentary, no interruptio

~ ., ., ., of ai? i think one thing we have to understand — of ai?tand is _ of ai? i think one thing we have to understand is it _ of ai? i think one thing we have to understand is it wouldn't - of ai? i think one thing we have to understand is it wouldn't be - of ai? i think one thing we have to understand is it wouldn't be just i of ai? i think one thing we have to understand is it wouldn't be just a | understand is it wouldn't be just a state _ understand is it wouldn't be just a state actors that could potentially use at _ state actors that could potentially use n for — state actors that could potentially use ai for negative or maligned purposes — use ai for negative or maligned purposes. it is about digging about how we _ purposes. it is about digging about how we develop it, what we've released — how we develop it, what we've released publicly, what is more tightly— released publicly, what is more tightly held. i don't pretend to have _ tightly held. idon't pretend to have all— tightly held. i don't pretend to have all the answers, no one does.

-- augmented by ai but also replaceable by ai. jacob: keegan, what are your thoughts on this issue? keegan: this is going to be a recurring theme throughout this panel i think. there are certainly people who are talking about the fact that ai might replace a lot of jobs. here at oxford you have professors who wrote the paper on what jobs might be automated -- automated bull -- automated in the near future and they said something like 45% of american jobs would be high-risk risk jobs of automation on computers a solution. i do not subscribe to this. there's a great paper that talks about why there are so many jobs in the history and future replaced by automation and we have seen this for hundreds of years, technological progress, -- process. we know there is a pattern. certainly it can transform the labor market and maybe some people will have jobs transformed but the other side of it is the productivity of the average worker is going to be able to increase when it comes to applying ai. it will make you more effective, more product

softy dominate the ai race.pped a new episode of everyone talks to liz podcast and focuses on how a near-death experience can trigger a profound shift in life. jen drummond was a utah mom of seven in her 40s driving on a highway and lost control and flipped her car multiple times. what followed when a crash course in awakening the spirit she didn't even know she had to climb massive mountains on every continent with her seven kids cheering her on. the oldest is only 16. how does that happen when a lot of us would be too scared after something like that to get in a car again let alone climb? download on 57 l, google -- apple, google, spotify, wherever you get your podcasts. closing well 28 minutes away and we're calling back with microsoft's, i'm calling hip the bing king. ♪ (man) what if my type 2 diabetes takes over? (woman) what if all i do isn't enough? or what if i can do diabetes differently? (avo) now you can with once-weekly mounjaro. mounjaro helps your body regulate blood sugar, and mounjaro can help de

we believe when you look at ai generally, 95% of ai will be industry and only 2% will be consumer.oline: it certainly feels that way in terms of the level of conversation. we want to thank you both. coming up, bloomberg talking about the ftc chair. she is in the house testifying. we will have all the details next, this is bloomberg. ♪ somebody would ask her something and she would just walk right past them. she didn't know they were talking to her. i just could not hear. i was hesitant to get the hearing aids because of my short hair. but nobody even sees them. our nearly invisible hearing aids are just one reason we've been the brand leader for over 75 years. when i finally could hear for the first time, i started crying. i could hear everything. call 1-800-miracle and schedule your free hearing evaluation today. was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com caroline: senator elizabeth warre

ai _ reply using ai. .. customer service of the future. ai is _ reply using ai. ..0 employees, and customer seem to like it. an e—mail written by our team members— an e—mail written by our team members has a 65% satisfaction rate with customers. ah _ with customers. an e—mail written by ai has an 80 or 85% satisfaction rating. so what the ai is 85% satisfaction rating. so what the al is doing — 85% satisfaction rating. so what the ai is doing is enabling our team to do a better— ai is doing is enabling our team to do a betterjob of serving customers at a time _ do a betterjob of serving customers at a time of— do a betterjob of serving customers at a time of great need. can do a betterjob of serving customers at a time of great need.— at a time of great need. can we be realistic and _ at a time of great need. can we be realistic and honest _ at a time of great need. can we be realistic and honest about - at a time of great need. can we be realistic and honest about the - at a time of great need. can we be realistic and honest about the fact| realistic and honest abo

, ai is bad, ai is good that — saying you know, ai is bad, ai is good.on of workers' — good. that essential question of workers' rights— good. that essential question of workers' rights really, _ good. that essential question of workers' rights really, which- good. that essential question of workers' rights really, which is. workers' rights really, which is when — workers' rights really, which is when there _ workers' rights really, which is when there are _ workers' rights really, which is when there are activity - workers' rights really, which is when there are activity gains, i workers' rights really, which is. when there are activity gains, is it workers _ when there are activity gains, is it workers having _ when there are activity gains, is it workers having an _ when there are activity gains, is it workers having an easier- when there are activity gains, is it workers having an easierjob- when there are activity gains, is it workers having an easierjob at i when there are activity gains, is itl workers having an easierjob at the end of— workers ha

explain to us how ai can help in the. -- help in that. >> ai is very broad.rying to use ai is one steps. we have built this ai platform, this chatting based ai software that i think helps workers have a much better chance to find a good match. because through our software, you are really able to ask questions. it is not just questions are on your job. it's about training, about, how can i grow in my career? how can i learn from my teammates? so you are able to ask these questions t -- through our ai software much better. we have built this multilingual platform. so you are able to ask things in spanish, and chinese. it is really helping you to broaden the reach. kristen: that's good. and not limited by your own language barriers as an employer. >> correct. kristen: doesn't help you think of questions that you may not have thought of as an employer? why not just have a human do it? >> correct. i would say yes because in the space we are in, we are helping companies to hire hourly workers through ai. many times, they don't that experience or this knowledge of,

and ai.irman did put a regulatory filing in friday night to exercise options and insider selling going on in that name. the factors impacting the stock to the downside. we keep looking. this is bloomberg technology. ♪ oh booking.com, ♪ i'm going to somewhere, anywhere. ♪ ♪ a beach house, a treehouse, ♪ ♪ honestly i don't care ♪ find the perfect vacation rental for you booking.com, booking. yeah. advancing flight for future generations. ♪ welcome to a new era of flight. ed: global vc funding into crypto in the second quarter of 2023 was at lowest amount since 2020. ai is the green shoot every vc on bloomberg technology is talking about. let us talk about the data, this is data from pitch book largely, what does it tell us? >> we have seen a continued steep decline in crypto venture funding, especially compared to last year, it is the worst quarter since 2020, we had thought maybe they had bottomed out, funding would pop back up and that is not happening. i think vcs are looking for a way to re

so we've been covering ai and concerns about ai on the show for quite some time.nd an expert on this, hani fareed, a uc berkeley professor told cnn today, "while i'm supporting of these efforts the tech industry has a decades-long history of not being particularly responsible when it comes to mitigating online harms." so why should the public be assured that microsoft and the other ai companies will be responsible and will follow through on these voluntary commitments? >> i think, jake, the best way to look at this is it's a first and big and important step in a journey and the journey cannot end today. but let's first recognize that in just ten weeks the white house has brought together companies and frankly pushed us together and led us to create concrete commitments to ensure that ai is safe and it's secure, that it's trustworthy, that it's transparent. and in so doing they set a high bar. a high bar for the industry on a voluntary basis but frankly think of this as the first draft of what will be the laws of the future. the framework is emerging. so it's not j

with the likes of the ai godfather geoffrey hinton and leaders of the major ai labs, including sam altmane people behind chat gpt and demis hassabis of google all signing a letter stating that... that certainly makes you think. all part of the reason why people and countries are approaching ai with a mixture of fear and excitement. optimism and concern put into numbers in one recent survey of workers, with over a third saying that they thought their jobs were likely to be eliminated by artificial intelligence. front line workers are surprisingly more negative about the impact of machine learning than managers. and international differences also showed up. the most optimistic, brazil, india and the middle east. and the least optimistic, the united states, the netherlands and japan. kriti sharma, a real pleasure having you on the programme. we have looked at how different countries are approaching ai. i am wondering, are using different regions embracing the tech and others that are not? we are seeing pretty much a race to being the first in al, the leader in al around the world. the approa

in ai.e have been working on ai more than a dozen years. in 2017,reornted to be a "ai first" company. but we also want to make these services safe and secure. we designed to make these safe in our approach to ai is no different. vicki from tennessee. caller: i agree with the last guy. ai is not something we need to be using. number one, the president has already used it in his beaches -- his speeches. host: how do you know that? caller: because of how his body was postured and his voice. he is already using it. i don't even watch computer-generated movie. if it is artificial, what makes it important? host: rudy in daytona beach, florida. caller: i am 83 years old. in the early 50's, i went to a drive-in movie theater in new work with my mother. -- new york with my mother. i set i want to go to the concession stand. there was a beautiful milky way and a ufo hovering over the driving theater -- the drive-in movie theater. it hovered up there. i sent flying saucer and everyone got out of their

it was through games that he came to ai. >> i've been working on ai for decades now, and i've alwayse most important invention that humanity will ever make. >> will the pace of change outstrip our ability to adapt? >> i don't think so. i think that we, you know, we're sort of an infinitely adaptable species. you know, you look at today us using all of our smartphones and other devices, and we effortlessly sort of adapt to these new technologies. and this is going to be another one of those changes like that. >> among the biggest changes at deepmind was the discovery that self-learning machines can be creative. hassabis showed us a game playing program that learns. it's called alpha zero, and it dreamed up a winning chess strategy no human had ever seen. but this is just a machine. how does it achieve creativity? >> it plays against itself tens of millions of times. so, it can explore parts of chess that maybe human chess players and programmers who program chess computers haven't thought about before. >> it never gets tired. it never gets hungry. it just plays chess all the time. >>

but ai is not something that just popped up six months ago.e think about google maps for example right now if you go to a place you've never been before you type the name intoer google ande you don't even think about it you put on your dashboard and follow the instructions or 20 years ago showed so in that they would save this artificial intelligence mapping application is incredible and so smart and knows exactly where to go in as with the traffic and the weather might be that is incredible. the technologist definitely h change it does feel like a big moment. i think we are stillll not suref this is the internet just got invented and everything is about to change or if it's more as if something changed in an iteration some things will change but it might not be as the change for all of our jobs go away and everything seemed to completely change. some of the lattice proponents are saying that about this. >> tatum i want to bring you in here per there's also conversation about how making ai technology freak could be a watershed moment for many

we can pivot to ai in the business model of meta, is making ai available for commercial use. company will not charge for access for use of the language model, but open it up to development by outsiders. interesting news, big tech having to come together to have this offering. the open-source model is one they have dabbled with from the beginning. >> that is where you saw the ceo tune in this morning, saying we have done this, this large language model called llama, sometimes you hear another term. it is generative ai technology that underpins chatbots, and they are coming out and saying we spent all this time and resources investing in this, we will use internally. but we want to unleash this on the world with the help of partners like microsoft and see what you come up with. we will not charge you for it, but we are taking away the learnings because we think that will make us able to develop it faster in-house. ed: i talked to a lot of people in the field of ai about >>, a lot of -- about meta, a lot of people pay them respect. but the generative ai group was only set up in

mpans to jointly commit to ai read oslo practices in ai -- sponsor bowl practices in ai.e have been working on ai for morehan a dozen years. in 2017, we reor to a "ai first" company. but we also want to make these services safe and secure. we designed to make these safe in our approach to ai is no different. vicki from tennessee. caller: i agree with the last guy. ai is not something we need to be using. number one, the president has already used it in his beaches -- his speeches. host: how do you know that? caller: because of how his body was postured and his voice. he is already using it. i don't even watch computer-generated movie. if it is artificial, what makes it important? host: rudy in daytona beach, florida. caller: i am 83 years old. in the early 50's, i went to a drive-in movie theater in new work with my mother. -- new york with my mother. i set i want to go to the concession stand. there was a beautiful milky way and a ufo hovering over the driving theater -- the drive-in movie theater. it hovered up there. i sent flying saucer and everyone got out of their c

do you go through the transcript and say ai number two, ai number two -- ai number one, ai number two? jonathan: we do do that. this past earning cycle, not the current one because we are not completely through it, we did go through and count how many references there were to artificial intelligence. then we compared it to references to things like mobile around the launch of the iphone. we wanted to get a sense for how quickly this was dispersing through the economy relative to other big cycles we have seen in the past. ed: but why? they are just words. what do they tell you about? jonathan: they are not just words, they are intentionality. it is important about that intentionality is it tells you how much the other sectors outside of the economy -- outside of tech are gearing up and getting curious about this opportunity and ultimately what the big spending is going to come. what is fascinating about the analysis 90 days ago was we so much more dispersion for artificial intelligence then we did for mobile at the start of the iphone cycle. that gives us a little confidence that this

pharmaceutical bosses say ai could _ be replaced by ai.ced by ai. pharmaceutical bosses say ai could unlock a - bosses say ai could unlock a revolution in health care. innovating in bio farma is difficult. it can take a decade and billions and has a 90% failure rate. one in three of us will battle dementia. there are still many cancers that don't have solutions. there is no doubt that artificial intelligence is going to help us unlock better solutions to these challenges. unlock better solutions to these challenges-— unlock better solutions to these challenues. �* , ,, ., , ., challenges. business leaders are excited that _ challenges. business leaders are excited that artificial _ challenges. business leaders are excited that artificial intelligence j excited that artificial intelligence could mean more innovation, better customer service, could mean more innovation, better customerservice, more could mean more innovation, better customer service, more productivity and profit, but they are less keen to talk about what it might do to staff

this is all to do with generative ai.he only thing we can talk about is releasing, but there is no clear strategy for the technology getting into to the hands of consumers. the iphone has built large language models. it is called ajax. they have already created a chatbot service some engineers called apple gpt for their own internal employees. this ai pushes become a major effort for apple. notable that tim cook has not discussed it. we are waiting to see if he did at the development conference a month ago. we will see if it starts to factor in. the earnings calls is all anyone can talk about. we know apple has woven ai features into products for years and now it is trying to play catch-up and what is an ever more buzzy market for generative tools. we will see whether people will be creating essays, images, video. microsoft has evolved the openai relationship to become one that is integrated within bing and microsoft copilot. we will be discussing that in a moment with an executive. it is down .7% as we talk about this ne

they are very wary about china taking the lead in ai. that's something they do not want the intelligence community doesn't want it, the white house doesn't want it for political and economic reasons so you can see them struggling with that. but that's just the reality of the world that we live in, dom >> all right let's bring into the conversation now steve covak and steve steve liesman. there are a lot of companies here, but it doesn't sound like legislation is going to be very close in the offing. so when we talk about names like nvidia, which has been at the forefront of this, and microsoft open ai, how exactly are these companies factoring in their future financial health, given this conversation happening right now? >> exactly look, to be fair, these companies have been calling for regulation since the beginning of the year when we started talking about ai and the buzz ramped up. so they're getting some of that here they're going to have this agreement with the white house, not enforceable, of course but how does that figure in fina