here i am joined by mr sivana sutil vonder on song he is heading up at the ai arm of the boston consulting group welcome sir thank you very much now my first question in that report we saw earlier the need for ethical guidelines was discussed how could those guidelines look like . basically there are several issues with ai which are becoming bigger issues with ai being spread out around the world the first one is of course privacy and we know for instance that seventy nine percent of german workers are very concerned about ai spying the more complaining than too much does another concern of course about you know destruction of jobs and that's something which is a concern for sixty eight percent of the german but now we are facing an even bigger issue which is sometimes a i go isms taking nonsense decision and taking nonsense actions and this is usually lead to the use of data sets to train i'll go his which are biased examples could be stupid pricing this season's where some might go is i'm with i don't see if i someone has quite is not too sensitive to pipes and then would increase price def to

ouch, and boston consulting group says 73% of investors are worried about a recession.s like a bunch red flags to me. >> i love this. because when there's a lot of pessimism, that's just another case for my bullish reasoning for this market. in october i got a little bit cautious as my concerns was too much complacency in the market then we have this -- selloff in the fourth quarter now all of a sudden the world is coming to an end. it was oversold in december we get the china deal. this secular market continues so i love pessimism. >> is that your quite a few in this studio she cringed when you said you love this stuff -- move quickly along here check the price of oil please. we were down to about 52 yesterday. where are we now? 53 dollar per barrel. and i have to tell you this, the price of gas is inching up again. 2.26 is national average. i don't like it -- [laughter] >> low. we're laughing at you. you're laugh willing you're like to see 15 a cents. yeah. when i first came to america there was gas wars. you know, that we won state at 25 a gallon and one with was 26

in d.c., trade tensions and disruptive artificial intelligence, we'll talk to the ceo of boston consulting groups year the final hour of "squawk box" begins right now ♪ all the seasons for loving >> live from the most powerful city in the world, new york. this is "squawk box. >> good morning. welcome back to "squawk box. live from the nasdaq market site i'm joe kernan along with becky quick. the futures now down about eight points on the dow. and we are going to take a quick look at treasuries as well wells fargo is right on time with posting results here of -- >> and with the full release. >> $1.21 is four cents ahead they beat on the bottom line revenue is shy of the 21.7 it comes in at 20.98 the stock after the initial drop is now basically unchanged let's bring back marty mosby director of bank andstrategist and he's -- i was just kidding about analysts i love the analyst community are you going to renew my faith right now? cnbc's own wilford frost would you characterize this as better than jp morgan? >> really the main reason why they may have missed parts of their estimates, just quickly l