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15.09.26 - 00:42
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Chip Stocks Tumble on AI Safety Fears & Rising Yields (Bloomberg)
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The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley Investment Management Deputy CIO, Solutions & Multi-Asset Jitania Kandhari, McKinsey & Co. Senior Partner & Global Leader, Tech & AI Kate Smaje, Teva Pharmaceuticals President & CEO Richard Francis, BetMGM CEO Adam Greenblatt, Texas Capital Bancshares CEO, Chairman, & President Rob Holmes, BlackRock US Head of Equity ETFs Jay Jacobs, The Distributed AI Research Institute Founder & Executive Director Timnit Gebru, Cloudfare CEO & Co-Founder Matthew Prince, Institute for Advanced Study, Harold F. Linder Professor Alondra Nelson, Thornburg Head of Fixed Income Christian Hoffmann, Starmoire CEO & Co-Founder Katie Palencsar & Starmoire Stylist Stacy London, & Authentic Brands CEO Matt Maddox. (Source: Bloomberg)...
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15.09.26 - 00:31
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Gebru: AI Security & Safety Is About Human Control (Bloomberg)
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Timnit Gebru DAIR Institute Founder & Executive Director, discusses her early warnings about artificial intelligence risks and her departure from Google's ethical AI team in 2020. She discusses whether the public and policymakers are asking the right questions about AI safety and security, in the context of broader concerns about the pace of AI model development in the U.S. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)...
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14.09.26 - 23:54
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McKinsey AI Leader on the State of AI Development (Bloomberg)
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Kate Smaje of McKinsey says the recent wave of warnings from AI leaders and researchers about slowing development is an important debate, especially around AGI, risk, pace, and patience. But she says the conversation inside boardrooms is different: executives who have already invested heavily in AI are now focused on whether those tools can scale, deliver profitability, and remain sustainable. She speaks with Romaine Bostick & Isabelle Lee on "The Close." (Source: Bloomberg)...
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14.09.26 - 23:36
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Global Impact of AI ′Apocalypse′ (Bloomberg)
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A new Bloomberg Economics report estimates that advanced economies have 27% of employment meaningfully exposed to the first-order effects of AI. Chief Economist Tom Orlik breaks down the new study, which breaks down which jobs and tasks AI can takeover, and how they got to the number of 380 million jobs that may eventually be significantly impacted by new technology. (Source: Bloomberg)...
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