Ahead of tomorrows key inflation data. Amazon the first record close since 2021. Thats one day after hitting a fresh 52week high. It was fresh, jim. Lets begin with the ongoing ai revolution. Last night on the social media platform x, elon musk weighed in on the Rapid Development of Artificial Intelligence. My guess is that well have ai that is smarter than any one human probably around the end of next year. And then ai the total amount of compute of ai i think will probably need all of humans in five years. Well get a lot more today, jim. Google cloud ceo keynote at note. I love tom curran. Hes been doing a good job. Dont call him tom. I will not. I spent a lot of time at ttc, the nvidia conference. We talked so much about when theyre going to be smarter. They are already. Surprised what musk said. One of the things that jensen said put your 100 smartest people together in a room and its smarter than they are already. Its just smarter. By the way, anything that can be done physically,
are sleepless, watching the news and the story unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and
chancellor of the exchequerjeremy hunt has described his autumn budget statement. 27 million workers will see their main national insurance contributions cut from 12% to 10% from january. and a tax break for companies that invest in new equipment will be made permanent, which mr hunt claims is the biggest business tax cut in modern history . also announced the news that from april, universal credit and disability benefits will go up by 6.7 percent. but those on welfare will have to take a work placement within 18 months or risk losing their benefits. the state pension will go up by 8.5% to 221 pounds 20 a week. the minimum wage for those aged 21 and older will go up to 11 pounds 44 an hour. pouring some cold water on all this however, a report out from the uk s independent spending watchdog, the office for budget responsibility. it warns that despite the new cuts, overall tax as a percentage of national income will soon be the highest since the second world war. here s our p
the news and the story unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and also the academia, the u
unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and also the academia, the universities are activel