Center For AI Safety Issues Warning Against AI Development
The Center for AI Safety is issued a stern warning to companies about the existential risk of continued artificial intelligence development. The warning comes on the heels of OpenAI CEO Sam Altman issuing his own warning about the technology. CAIS said AI should be handled with the same sensitivity as global pandemics and nuclear war.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
