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*AI’s biggest risk will be on full display during the 2024 election*

As artificial intelligence continues to grow, so do the calls to regulate the technology. Despite its potential for positive, numerous experts and legislators are raising concerns about the possible risks. Ian Bremmer, president and founder of The Eurasia Group joined TheStreet to talk about the inherent risks of ungoverned AI as we head into the 2024 election.Full Video Transcript Below: SARA SILVERSTEIN: What's the biggest short term risk for ungoverned AI? IAN BREMMER: You know, I'm a huge enthusiast when it comes for AI, I believe that the level of productivity is extraordinary and the technology is moving very fast. You're going to see it used in every sector, in every company, and therefore you're not going to have really powerful companies and powerful individuals trying to stop it, which is what usually happens with the technological revolution. You get, you know, post-carbon energy and then all the coal and the oil people try to stop it, try to lobby against it. That's not happening in AI. So it's going to actually lead to a much bigger upside than people expect much faster. But technology is moving much faster than the ability to govern it. And that means that the negative externalities, which one would expect from such a transformative technology, are going to happen very quickly. And they aren't going to be contained or constrained. What kind of negative externalities? Well, one obvious one is deepfakes and artificial intelligence used for disinformation. So, you know, in an election like the United states, where so much is at stake, where people are so angry with us, so much chaos that could come, we're moving from disinformation to AI driven disinformation. That's a very significant disruptive risk. Then there's also the question of what bad actors can do to just blow things up. So you use AI to code. It's very impressive. Use AI to create malware that's very dangerous and costly. Use AI to create vaccines. We love that. That actually got us out of COVID a lot faster than we otherwise would have been. Use AI to create new viruses and new diseases. We don't like that so much. And as you have these new incredible AI tools that are rolling out that everyone has access to, some of which are open source, and they will be used not just for productive purposes, but also by tinkerers and by bad actors. This is the first year we're going to start to see the negative impact of that more broadly.
[Read more...](https://www.thestreet.com/video/ais-biggest-risk-will-be-on-full-display-during-the-2024-election)
*Stock Market Today: Stocks dip with inflation data on deck; Intel slumps*

Check back for updates throughout the trading day U.S. equity futures slipped Friday, potentially snapping a run of five consecutive record closes on Wall Street, as investors looked to a key inflation reading that could cement the market's case for Federal Reserve interest-rate cuts later in the year. Stocks ended the Thursday session on another high note, with the S&P 500 recording its fifth consecutive record close to take the benchmark's 2024 gain past 2%. A better-than-expected reading of fourth-quarter GDP growth, powered by a surge in consumer spending, led the session's bullish sentiment. At the same time a modest uptick in weekly jobless claims and a steady auction of $61 billion in new 7-year notes put downward pressure on Treasury yields. Benchmark 10-year note were last seen trading at 4.109%, with 2-year notes pegged at 4.31%. The dollar index slipped 0.3% against a basket of its global peers to 103.274. Wall Street could snap its run of five consecutive record closes on Friday. Mario Tama/Getty Images Following a busy week of mixed corporate earnings, which included a big miss from Tesla (TSLA) - Get Free Report that lopped more than $80 billion from its market value, investors are likely to shift focus to the macro issues Friday with the release of the Fed's preferred inflation gauge. The PCE Price Index, slated for release at 8:30 a.m. U.S. Eastern Time, is likely to show a modest uptick in monthly price pressures, with both the headline and core rates easing on an annualized basis. That result would provide further evidence that inflation is moving convincingly toward the Fed's 2% target. Beyond macro, several earnings-lead stock stories will also be keenly tracked on Wall Street, including Intel (INTC) - Get Free Report. The chip giant is marked 10.9% lower following a disappointing 2024 outlook that casts doubt on its long-delayed comeback. Visa (V) - Get Free Report shares are active, falling 3.2% after its stronger-than-expected fourth-quarter earnings. The credit-card stalwart issued a muted near-term outlook tied to a modest slowdown in spending linked to extreme cold weather. Caterpillar (CAT) - Get Free Report, American Express (AXP) - Get Free Report and Colgate-Palmolive (CL) - Get Free Report are all set to report December-quarter earnings prior to the opening bell. Heading into the start of trading on Wall Street, futures contracts tied to the S&P 500 are primed for a 4-point opening bell dip while those linked to the Dow Jones Industrial Average are looking at a 35-point pullback. The tech-focused Nasdaq, meanwhile, is called 85 points lower. In overseas markets, strong gains in the luxury-goods sector, as well as the follow-on from a dovish rate decision from the European Central Bank, helped lift Europe's Stoxx 600 to a two-year high Friday, with the benchmark last trading 0.88% higher on the session. Overnight in Asia, however, stocks turned lower amid ongoing selling in the tech sector and profit-taking following a week of rare gains. The regionwide MSCI ex-Japan benchmark slipped 0.35% into the close of trading while the Nikkei ended 1.34% lower in Tokyo.Related: Veteran fund manager picks favorite stocks for 2024
[Read more...](https://www.thestreet.com/investing/stocks/stock-market-today-stocks-dip-with-inflation-data-on-deck-intel-slumps)
AI’s biggest risk will be on full display during the 2024 election

As artificial intelligence continues to grow, so do the calls to regulate the technology. Despite its potential for positive, numerous experts and legislators are raising concerns about the possible risks. Ian Bremmer, president and founder of The Eurasia Group joined TheStreet to talk about the inherent risks of ungoverned AI as we head into the 2024 election.Full Video Transcript Below: SARA SILVERSTEIN: What's the biggest short term risk for ungoverned AI? IAN BREMMER: You know, I'm a huge enthusiast when it comes for AI, I believe that the level of productivity is extraordinary and the technology is moving very fast. You're going to see it used in every sector, in every company, and therefore you're not going to have really powerful companies and powerful individuals trying to stop it, which is what usually happens with the technological revolution. You get, you know, post-carbon energy and then all the coal and the oil people try to stop it, try to lobby against it. That's not happening in AI. So it's going to actually lead to a much bigger upside than people expect much faster. But technology is moving much faster than the ability to govern it. And that means that the negative externalities, which one would expect from such a transformative technology, are going to happen very quickly. And they aren't going to be contained or constrained. What kind of negative externalities? Well, one obvious one is deepfakes and artificial intelligence used for disinformation. So, you know, in an election like the United states, where so much is at stake, where people are so angry with us, so much chaos that could come, we're moving from disinformation to AI driven disinformation. That's a very significant disruptive risk. Then there's also the question of what bad actors can do to just blow things up. So you use AI to code. It's very impressive. Use AI to create malware that's very dangerous and costly. Use AI to create vaccines. We love that. That actually got us out of COVID a lot faster than we otherwise would have been. Use AI to create new viruses and new diseases. We don't like that so much. And as you have these new incredible AI tools that are rolling out that everyone has access to, some of which are open source, and they will be used not just for productive purposes, but also by tinkerers and by bad actors. This is the first year we're going to start to see the negative impact of that more broadly.
Read more...
Stock Market Today: Stocks dip with inflation data on deck; Intel slumps

Check back for updates throughout the trading day U.S. equity futures slipped Friday, potentially snapping a run of five consecutive record closes on Wall Street, as investors looked to a key inflation reading that could cement the market's case for Federal Reserve interest-rate cuts later in the year. Stocks ended the Thursday session on another high note, with the S&P 500 recording its fifth consecutive record close to take the benchmark's 2024 gain past 2%. A better-than-expected reading of fourth-quarter GDP growth, powered by a surge in consumer spending, led the session's bullish sentiment. At the same time a modest uptick in weekly jobless claims and a steady auction of $61 billion in new 7-year notes put downward pressure on Treasury yields. Benchmark 10-year note were last seen trading at 4.109%, with 2-year notes pegged at 4.31%. The dollar index slipped 0.3% against a basket of its global peers to 103.274. Wall Street could snap its run of five consecutive record closes on Friday. Mario Tama/Getty Images Following a busy week of mixed corporate earnings, which included a big miss from Tesla (TSLA) - Get Free Report that lopped more than $80 billion from its market value, investors are likely to shift focus to the macro issues Friday with the release of the Fed's preferred inflation gauge. The PCE Price Index, slated for release at 8:30 a.m. U.S. Eastern Time, is likely to show a modest uptick in monthly price pressures, with both the headline and core rates easing on an annualized basis. That result would provide further evidence that inflation is moving convincingly toward the Fed's 2% target. Beyond macro, several earnings-lead stock stories will also be keenly tracked on Wall Street, including Intel (INTC) - Get Free Report. The chip giant is marked 10.9% lower following a disappointing 2024 outlook that casts doubt on its long-delayed comeback. Visa (V) - Get Free Report shares are active, falling 3.2% after its stronger-than-expected fourth-quarter earnings. The credit-card stalwart issued a muted near-term outlook tied to a modest slowdown in spending linked to extreme cold weather. Caterpillar (CAT) - Get Free Report, American Express (AXP) - Get Free Report and Colgate-Palmolive (CL) - Get Free Report are all set to report December-quarter earnings prior to the opening bell. Heading into the start of trading on Wall Street, futures contracts tied to the S&P 500 are primed for a 4-point opening bell dip while those linked to the Dow Jones Industrial Average are looking at a 35-point pullback. The tech-focused Nasdaq, meanwhile, is called 85 points lower. In overseas markets, strong gains in the luxury-goods sector, as well as the follow-on from a dovish rate decision from the European Central Bank, helped lift Europe's Stoxx 600 to a two-year high Friday, with the benchmark last trading 0.88% higher on the session. Overnight in Asia, however, stocks turned lower amid ongoing selling in the tech sector and profit-taking following a week of rare gains. The regionwide MSCI ex-Japan benchmark slipped 0.35% into the close of trading while the Nikkei ended 1.34% lower in Tokyo.Related: Veteran fund manager picks favorite stocks for 2024
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*Anyone else becoming fed up with th2 "digital everything" day and age?*

Seriously, everything in this day and age has to have a fucking app or software tied to it. Can't clock into work this morning, software issue. Can't do diagnosis on half the stuff I work on, software issues. Buy a refrigerator? Download an app. Go to dinner? Fuck a menu, download an app. I'm waiting for the depraved day to finally come when my fucking toilet breaks down thanks to a failed software update and I have to call both a plumber and a software engineer to fix it. Anyone else getting seriously sick and tired of this shit? Or is it just my "old soul" yelling at clouds (And yes, I get the irony of ranting on this subject via a digital device through a social media application.) Edit: holy shit this kind of blew up, thanks for making me feel sane once again folks. Glad I'm in fact; not the only one. Cheers
[Read more...](https://www.reddit.com/r/Millennials/comments/19f9ijg/anyone_else_becoming_fed_up_with_th2_digital/)
Anyone else becoming fed up with th2 "digital everything" day and age?

Seriously, everything in this day and age has to have a fucking app or software tied to it. Can't clock into work this morning, software issue. Can't do diagnosis on half the stuff I work on, software issues. Buy a refrigerator? Download an app. Go to dinner? Fuck a menu, download an app. I'm waiting for the depraved day to finally come when my fucking toilet breaks down thanks to a failed software update and I have to call both a plumber and a software engineer to fix it. Anyone else getting seriously sick and tired of this shit? Or is it just my "old soul" yelling at clouds (And yes, I get the irony of ranting on this subject via a digital device through a social media application.) Edit: holy shit this kind of blew up, thanks for making me feel sane once again folks. Glad I'm in fact; not the only one. Cheers
Read more...
*$2,900> $173,000*

AMD Shares ($2900 > $4400) FDX Puts ($4400 -> $27000) NKE Puts ($27000 -> $58000) COIN Calls ($52000 -> $21000) NFLX Calls ($21000 -> $61000) TSLA Puts ($61000 -> $173000) Went 4/4 on earnings. I’m smart enough to realize I just got incredibly lucky so I’m going to just buy shares with this money and say goodbye to options. I took out $6000 to my RothIRA so I could justify to myself for full porting
[Read more...](https://www.reddit.com/r/wallstreetbets/comments/19fbi9u/2900_173000/)