intelligence, the supremacy of the algorithm, represents one of those transformational moments for humankind? i m not sure that it does. but there is a fair chance that it will have transformative effects. it is all commonplace to compare it to the fire, or to the rise of industrial machinery starting in the 18th century. it remains to be seen whether it will be as important for our productivity and our lives, but we are already seeing some of its deep effects on how we organise our democracy, and inequality in modern nations. maybe you are not quite so sure about how dramatic its transformational impact will be, but you certainly seem to be pretty sure that you re sceptical. you say ai will fuel inequality, disempower workers, and, quote, choke democracy ? how? ai is a continuation of a trend that started perhaps around forty years ago, where we have been using digital technologies, for changing how production is organised, who controls information, and how we communicate.
the debt ceiling deal heads to the house floor tonight. but not everyone is sold on it. we ll talk to democratic congresswoman teresa ledger fernandez about why she voted against advancing the bill out of the committee. in iowa, the search for survivors. families say there are still people trapped inside a partially collapsed apartment building in davenport. we ll talk to a member of one of those families desperate to find his cousin before the city tears the building down. breaking news in the republican race for the white house. we ll tell you who plans to launch a bid for a second time. tense moments over the south china sea as a chinese fighter jet aggressively cuts in front of a u.s. air force plane. it is just another sign of the strain in the relationship between the u.s. and china. and a convenience store owner in south carolina charged with murdering a 14-year-old boy he wrongly accused of shoplifting bottled water. we have the latest on the investigation.
top of the hour this wednesday. i m jim sciutto. and i am erica hill. right now several key hearings happening on capitol hill. a pretty busy day in washington. this hour lawmakers will grill active administrator billy nolan after multiple close calls on the runway and some of the aviation incidents sparking safety concerns. also federal reserve chairman jerome powell appearing before lawmakers for the second day defending his decisions to raise interest rates in an effort to tamp down inflation. we re also watching the top u.s. intelligence officials testify, among them fbi director chris wray, the director of national intelligence avril haynes as what they see the biggest global threats facing the u.s. today. cnn s melanie is live on capitol hill today. several events and several bits of testimony on the hill today. walk us through what you re watching. yeah. a very busy day here on capitol hill. we are tracking a number of high-profile hearings, and i want to walk yo
russia and other countries taking aim at the u.s. dollar. promising an alternative currency of their own. then there s china itself inserting itself and more conflicts. playing everything from peace maker. we have you covered on growing frick tions in taipei. welcome. i m neil cavuto. we have a busy show. let s go to aishah hasnie on taipei trying to see what s going on. aishah? hi, neil. good to see you. so absolutely we expected to see some kind of response from china to these back-to-back meetings not only with kevin mccarthy but now this delegation that landed today. they re due to stay in taiwan for about three days. that is a number of days that china plans to inspect ships that are passing through the taiwan strait. on top of that, the people s liberation army, navy sent three ships to surround this island a few hours before the u.s. deligation landed. house foreign affairs chairman michael mccaul is leading this delegation. i asked him about those chinese ships duri
committee and the countdown to the state of the union speeches on, folks. president biden is expected to make his case for reelection after more positive news on the economy. i will get a preview from a member of the council of economic advisers. plus, we are continuing our special series on living black history with trail blazers cynthia marshall. the first black woman ceo of an nba team. i am symone with sandra townsend and i have something to say. and the balloon is out of this guy. the questions surrounding u.s. security and relations with china are still up in the air. on saturday, and f-22 fighter jet shot down a chinese surveillance balloon over the atlantic off the coast of south carolina. the balloon entered u.s. continental airspace last tuesday. china s defense department condemned the strike and denies the balloon was intended for surveillance. but a senior administration official has rejected that claim, telling nbc news this. this was a prc surveillance balloon.