Transcripts For FBC WSJ At Large With Gerry Baker 20240713 :

FBC WSJ At Large With Gerry Baker July 13, 2024

Revolution on steroids. So its important that there is monitoring and certain rules. Maria are you ready for the disruption . The jobs most of vulnerable to a. I. Isnt just a department. Its a voice on the other end of the phone. A note to say youre on our mind. A willingness to come to you. The world and how we interact with each other is changing. But that will never change who we are at lexus. Now, more than ever, you and your needs come first. Find out what Service Options are available in your area at lexus. Com people first find out what Service Options are available in these uncertain times, look after yourself, your family, your friends. But know when it comes to your finances, we are here for you. What can i do for you today . Well take a look at the portfolio and make adjustments. Im free to chat if you have any more questions. Our j. P. Morgan advisors are working from home to help guide you through this. For more than 200 years, weve helped our clients navigate historic challenges. And we will get through this one. Together. Actions to help prevent the spread of respiratory diseases. Wash your hands. Avoid close contact with people who are sick. Avoid touching your eyes, nose and mouth. Stay home when you are sick. Cover your cough or sneeze. Clean and disinfect frequently touched objects with household cleaning spray. For more information, visit cdc. Gov covid19. This message brought to you by the National Association of broadcasters and this station. Has the honor of providing care to those who have served this country in uniform. Today the va is on the front lines of the battle against the coronavirus and we need your help. We are looking for medical professionals at every level. I hope that you will consider joining our team either temporarily or permanently. To learn more go to va. Gov joinus. piano music jessica we need to leave. Right now i need to get something. boy dance recitals are so boring. Theres a me no one knows waiting to be set free so, whats the empty suitcase for . The grand prize trophy duh i was born to be somebody the more the routine jobs, the more a. I. Will take over. Maria suli is the founder and ceo of a private equity firm and the former president of google china. Routine white collar jobs like customer service, telemarketing, Loan Officers and tellers and jobs like that will be the first to be challenged. Then repetitive blue collar jobs like dishwasher. Assembly line workers, and a little bit later drivers also will be challenged. Maria li says in the next 15 years 44 of jobs will be replaced by machine. He says anything any job that relies on data can be done easier and faster by a ma she. Later, jobs like trucking will be replaced. The vehicle will replace some kind of job that drivers are required to do today. But it will create new stunts because of the expansive effect on the economy. The whole nature of warehouses will change. There are piles of inventory waiting to be sold are in the wrong place. But with the economy you can move things around very quickly. We can make the size of the vehicles very large over the road trucks with very small pods. Maria we have Seen Technology replace workers for years now. But a. I. Is deepening the threat. It goes far beyond truckers. Supermarket chain testco will charge the cart as they leave. Amazon does the same its use robots to move inventory in its warehouses. And its testing drones to deliver packages. An a. I. Powered Voice Technology at the drivethru. Other burger joints are experimenting with robots in the kitchen. This robot flips burgers and can learn and acquire new skills over time. Companies are increasingly using speak recognition for telemarketing and call centers. Speech recognition has been so sophisticated studies show Customer Satisfaction is shire with a. I. And a person. 86 Customer Satisfaction in that engagement. And half of all the calls are managed automatically. Maria su li predicts 86 of workers at the call centers can be replaced. As long as its quantitative in nature, over time it will eventually get displaced. Maria he says 40 of jobs could go away in the next decade. I will believe it when i see it. Its not showing up in any of the numbers. Most of jobs are not repetitive. We are not an agricultural society, repetitive parts of agriculture were aught bhaitd tractors and farm equipment. We are not in the industrial economy anymore a lot of manufacturing has been automated. So in a way the parts that could ease lid been automated have already been automated. Do you want to automate your Yoga Instructor and Kindergarten Teacher and doctors office. Maria the Way Investment in the Digital Economy of did in the 90s, investment into a. I. Is expected to soar. Now some 2,000 companies with a. I. Is a core part of their Business Model globally. Price Waterhouse Cooper says it will add 16 trillion to the global gdp. Is a. I. Going to put everybody out of work . I am not worried about this. We are so unimaginative about what future jobs will look like and what they are going to be. The Superstar Companies that have grown to 100 billion and up. A lot of those companies will be using that Machine Learning technology to make our operations more efficient. Amazon is trying to get rid of people delivering people to your door with a scooter or drone. A lot of it is about technology to get people out of the loop to cut costs. Maria when we come bark. Ethics in the military. Who should take t t t t t at Fisher Investments, we do things differently and other Money Managers dont understand why. Because our way works great for us but not for your clients. Thats why were a fiduciary, obligated to put clients first. So, what do you provide . Cookie cutter portfolios . Nope. We tailor portfolios to our clients needs. But you do sell investments that earn you high commissions, right . We dont have those. So, whats in it for you . Our fees are structured so we do better when our clients do better. At Fisher Investments were clearly different. Its more than just fast. It keeps all your devices running smoothly. With builtin security that protects your kids. No matter what theyre up to. It protects your info. And gives you 24 7 peace of mind. That if its connected, its protected. Even that that petcamera thingy. [ whines ] can your internet do that . Xfinity xfi can because its. Simple, easy, awesome. [ barking ] maria a german born physicist helped develop the atomic bomb during world war ii. This gave any country who obtained it a military advantage. He changed the world when he delivered our secrets to the soviets. The next generation of powerful military technology is here and some say it has the potential to do more damage than the nuclear bomb. It is Artificial Intelligence. He who wins a. I. Will become the ruler of the world. Putin believes they will win with a. I. Building robots and Artificial Intelligence that does a great job of working with people. People should not have to be in the line of fire. I think its the same thing with a lot of military jobs. The guy whos driving the truck on the convoy. Thats a job for a. I. , not a person. Bomb disposal will be handled largely by a. I. And robots. Maria unclassified r and d is up 15 percent. Designation of a. I. As the administrations priority. Some say the problem is china is spending much more on a. I. Investment and financing in a. I. Reached 39. 5 billion in 2017, with china accounting for 70 of that expense. A. I. Is growing by leaps and bounds. We are using it to help control drones in the air as well as on the sea. China also is rapidly building this capability. I think their advancement is greater than ours. The thing about the united states, we are at a strategic disadvantage because of the ethics we have. We are not willing to let machines decide what targets to kill and not kill entirely on their own without human soup vying. Vyingo d shiewsm supervision. Russia and china have no problem with any of those things. Maria google walked away from a contract with the pentagon. In the united statess great that you have the right to do that. I Want Companies to work the u. S. Department of defense. But they have the right to walk away. But in china thats not the case. There is no difference between the civil sector and military sector. Thats why when you help chinese Companies Work on Artificial Intelligence you are almost directly helping the Chinese Military work on Artificial Intelligence. A lot of people, a lot of companies in Silicon Valley see china as the ultimate business opportunity, not the ultimate adversary. Maria while google pulled out of the pentagon contract, they have an a. I. Lab in china. The argument is googles r d effort. This means a lot of Different Things and can be used in a lot of different ways. It clearly has a lot of military applications from processing satellite images, helping create process data. Automating drone warfare. Cyber warfare. There are all these ways a. I. Is a dual hughes thing for military and civilian uses. Maria we reached out to google and a spokesman said the allegations are baseless. Any innovation that happens in chinas industrial economy must be brought ultimately to the Peoples Liberation army. Its part of their objective to close the gap with the u. S. Military. Its designed for conflict with the u. S. And their allies. Maria chinas 2025 goals target the country to be the World Largest super power. Its pursuing a. I. To track citizens and military deployments. The chinese behavior is agreesist among every dimension of international power. Their weapons systems, space technology, all those things that can project power beyond their own country. Maria using a. I. In the it in raises important questions. Who should be in charge of making the calls to kill. Man or machine . Drones can be program offed to shoot at man and objects if they are hostile. But who makes the call, reacting in seconds. If we dont lead and define the rules how a. I. Will be used in warfare, it will be defined by russia and china. Maria how can a. I. Do things better than people . There is a whole bunch of things. Lets say you want to predict where you will need certain military assets before you perform some action. Doing that prediction takes huge teams of people doing analysis with enormous quantities of data. If you need to snap your fingers and its done, a. I. Can work faster than a person could. Say you want realtime surveillance analysis across hundreds of thousandsize. And bring it all into one super powerful brain and think about what it means from those one million eyes. A person cant do that. Maria we are in whats called the drone zone. The. The company uses sensors and Artificial Intelligence to help the military. It allows Law Enforcement and First Responders to be aware of their surroundings. This drone can see as far as 600 meters away. The ultimate idea is to give soldiers and other First Responders a perfect picture of everything going on around them. And a perfect picture of whats happening in the near future. A. I. Will be used to allow people to plan better. And we want people making those decisions to have as much information as possible. I dont want the kill decision over an ambiguous target to be made by a tired, sleep deprived 19yearold kid who is worried hes about to be shot in the head. Thats not how you get the most of rationale decisions. Maria the technology is only getting smarter. So how much smarter do we want our computers to become . Coming up, a. I. Versus a. G. I. Where computers can dosing humans can. I just love hitting the open road and telling people that Liberty Mutual customizes your insurance, so you only pay for what you need [squawks] only pay for what you need. Liberty. Liberty. Liberty. Liberty. Sprinting past every leak in our softest, smoothest fabric. Shes confident, protected, her strength respected. Depend. The only thing stronger than us, is you. You may not be thinking about blood donation, but blood is needed to save the lives of people who are sick with a range of illnesses. Its easy and safe to give. If you are in good health, please donate. We need heroes now. Visit red cross blood dot org to schedule an appointment. Daughter you are valued. You are resilient. You got this. Announcer youre there for them. Were here for you. Find free care guides at aarp. Org caregiving there are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. In these uncertain times, look after yourself, your family, your friends. But know when it comes to your finances, we are here for you. What can i do for you today . Well take a look at the portfolio and make adjustments. Im free to chat if you have any more questions. Our j. P. Morgan advisors are working from home to help guide you through this. For more than 200 years, weve helped our clients navigate historic challenges. And we will get through this one. Together. Artificial intelligence is about to enter the fifth generation of telecom. We been talking about ai for a while. Now we are on the doorstep of much faster computers. How does 5g change all of the. I think its part of the Data Collection network and the more data you have the more capabilities you have to do these types of analysis. It has come a long way since simple mobile calls to today having the fastest Infrastructure Network combined with ai will mean that an ai powered computer can analyze data that much faster. But with computers enabling so much, so fast, replacing jobs in the process, it is worth questioning just how smart we want machines to become. Are we heading toward a future like the one seen in the terminator film franchise where they become so smart they want to take over the human race. Do you see a time where machine can actually keep on intellectual tasks that a union can do. Not for a long time. And if it replaces humans altogether we have totally different problems. Theyve been sounding the alarm without proper oversight for years. In 2017 elon musk tweeted china, russia, soon all countries with strong computer science, competition for ai superiority at a national level, most likely the cause of world war iii, in my opinion. He cofounded open ai, a company that recently received 1 billion from microsoft and developed computers that will mimic the human brain. While ai is used largely to help people by taking on routine tasks, the machines are not generally intelligence. They are fast learners and good at certain functions, but they cant reason or problem solve, show emotion or apply one idea to her Different Task away human brain can. With artificial general intelligence and machine will be able to teach itself. If you ask a machine to say hey, create a Business Plan, we wouldnt even know how, thats a very general form of intelligence that requires understanding and creativity. Working with people, forming teams, raising capital. So at some point could that computer and up and understanding how to put a Business Plan together based on the knowledge. If ultimately, the question ultimately is couldnt artificial form of intelligence exist, i think the answer, scientifically is yes. Whether we have enough understanding to create something and understand the nature of intelligence. So when will humans be coexisting with robots . Is it ten years away, 50, 100. The thing about Artificial Intelligence as you can see these huge leaps out of nowhere. Ten years ago you couldnt have imagined the things being done with ai today. Because of a few breakthroughs we have been able to do incredible things in just a few years. I think theres a chance that happens again. The hypothetical general Artificial Intelligence, nai. [inaudible] hypothetically it could happen tomorrow. We need to be ready for the when those types of jumps to happen. Can humans exist when theres machines that are godlike. Theres been Science Fiction movies made about this but in the long run the amount of power in these intelligence machines will bring is something we really dont have the vocabulary to talk about how to cope with it so in their ability to understand, i think its a challenge for us long term. Whether we ultimately see the kind of general intelligence that produces the terminator is hard to know. Are we headed for art imitating life, i maria, thanks for pete welcome to modern warriors, i am your host pete hegseth thank you for joining us, this is a night ive been looking forward to for a long time, sitting with me the best of the best of our country, 4 acomp bluaccomplished special os and operate on thes. Patriot. Two states you live in you are either at war or getty ready to about back. 23iar year army

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