a furrow in technology at the top of their fields. and there s no escaping it. artificial intelligence is everywhere. the past year has been a turning point for al, especially generative ai. that s the tech that creates human like text or imagery based on user prompts. chatgpt was launched in november 2022 and is now widely used. but in march of last year, elon musk was one of many leading figures who warned that it could pose a profound risk to society and humanity. however, it s now common in consumer products, including in the tesla self driving cars sold by mr musk, and it s increasingly used by businesses to in their own operations. so here we ll explore the impact of a.i. on some of the world s biggest businesses. and i ll be checking out what catches my eye on the convention floor. is it a bird? is it a plane? no, it s xpeng aerot flying car. and to find out more about it, i m joined by brian gu, president of xpeng. thanks so much forjoining us. who is this for? well,
over 1,000 miles away. we ll check out a range of other gadgets being showcased here in vegas and hear from two major ceos. one is the big boss of siemens, the world s largest engineering company. and i m alsojoined by the head of nasdaq, the most famous tech index on the planet, to explore what are the big issues affecting the wider industry. wherever you rejoining us from around the world, a big hello from las vegas and a warm welcome to the show. this week we re on location at ces, the consumer electronics show. it s notjust a top tech event. it s also one of the biggest conventions in the world. 130 attendees are expected and more than 4,000 exhibitors. we ll be hearing from some very long established brands plowing a furrow in technology at the top of their fields. and there s no escaping it, artificial intelligence is everywhere at this year s ces. the past year has been a turning point for al, especially generative ai. that s the tech that creates human like text or im
over 1,000 miles away. we ll check out a range of other gadgets being showcased here in vegas and hearfrom two major ceos. one is the big boss of siemens, the world s largest engineering company. and i m alsojoined by the head of nasdaq, the most famous tech index on the planet, to explore what are the big issues affecting the wider industry. wherever you rejoining us from around the world, a big hello from las vegas and a warm welcome to the show. this week, we re on location at ces, the consumer electronics show. it s notjust a top tech event. it s also one of the biggest conventions in the world. 130 attendees are expected and more than 4,000 exhibitors. we ll be hearing from some very long established brands plowing a furrow in technology at the top of their fields. and there s no escaping it. artificial intelligence is everywhere. the past year has been a turning point for al, especially generative ai. that s the tech that creates human like text or imagery based on user
that prompted the white house to go into a spin overdrive like this. you would be amazed if they would declare this period to be a recession, even if two quarters of negative growth. we have a strong labor market and we are creating one of those jobs that is not a recession. i think probably. there is so much out of our control to read what inflation is being a global problem. brian: in fact, the gas prices coming down in the summer is extraordinarily rare. that is not something we see very often pure they follow every single day since started. that is progress but not enough and we need to keep working on this. we begin with gillian turner reporting live from the white house, good morning. good morning to you julie and bill. we did not see him at all over the weekend and we will not see him in person before wednesday. his position wrote in the letter, this just in and we will hear direct from the white house the covid coordinator this afternoon and we will get some
administration down playing the recession call. there s semantics. what is a recession, how do you technically define it. no matter what, there s widespread agreement no matter who you talk to. that is that economic growth is slowing. the treasury secretary, janet yellen acknowledges as much. but then she maintains that that does not mean a recession is inevitable. this is not in an economy that is in recession. but we re in a period of transition in which growth is slowing. and that s necessary and appropriate. we need to be growing at a steady and sustainable pace. yellen says the job market is still strong. she says a recession would have to be a broad-based economic contraction. consumers are still spending. household balance sheets are still in good shape. all of that said, the economy did contract the first quarter. economists think at beast we ll see slow growth when the numbers release thursday. the white house insists even if that number does go negative and some