months, but if they're not able to do that, remember, the white House does have that executive order that they're working to tee up. >> Okay. Emily Wilkins. Emily.Thank you. Joining us right now is one of the assemblymen who sponsored New York State's responsible AI Safety and Education, or Res act Assembly Assemblyman Alex Boris, who is the leading the future super PAC, that super PAC Emily was just taking talking about, has taken aim at the assemblyman as he vies for Congressman Jerry Nadler's House seat. ...

A major super PAC focused on AI is launching a big campaign today. Emily Wilkins joins us right now with the details on that. Emily, good morning. Good morning, Becky.Well, yeah, look, this is an advocacy group attached to that major AI pack that we've talked about. They're launching a $10 million campaign today trying to push Congress to pass a national framework on AI regulation and prompting a growing number of state laws that seek to regulate AI. CNBC got our first look at this campaign.the group build ...

Economic Indicators - The September jobs report revealed an increase of 119,000 jobs, exceeding economists' expectations, while the unemployment rate rose to 4.4%, the highest since 2021 [2]. Retail Sector Performance - Gap's "Better in Denim" campaign contributed to a 5% increase in comparable sales in Q3, surpassing analyst expectations, leading to a 4.5% rise in shares [4][5]. - The parent company of Old Navy and Banana Republic exceeded Wall Street estimates on both revenue and earnings, although Athleta's sales fell by 11% [5]. Regulatory Developments - The White House is preparing an executive order to challenge state-level AI regulations, which may benefit AI industry leaders advocating for a unified federal approach [6][7]. Legal Issues in Aviation - Joby Aviation has filed a lawsuit against Archer Aviation, alleging corporate espionage involving stolen information by a former employee [8].

The Role of Regulation in AI Innovation - Regulation is essential for building trust in AI technology, which is crucial for its adoption in sectors like healthcare, finance, and law [5][6] - Regulation provides certainty for innovation teams, enabling them to make faster decisions and focus on creating powerful tools without legal uncertainty [7][8] - Regulation drives better design by encouraging teams to consider trustworthy AI and human rights from the beginning of the innovation process, raising the quality of AI products [9][10] Overcoming Challenges in AI Regulation - Building multi-disciplinary teams (tech, law, cyber, data) is essential for collaborating from the beginning of the innovation process [12] - Accountability, demonstrating compliance, and considering ethics from the beginning are crucial when innovating with AI [13][14] - Compliance by design is key to building trustworthy AI, allowing for faster decisions and safe innovation [14][15] The AI Act - The AI Act classifies AI systems into unacceptable risk, high risk, and limited risk categories, which helps companies understand their obligations based on the level of risk [16] - The AI Act contains mechanisms to evolve alongside AI, allowing regulators and policymakers to update regulations as needed [17][18]

Welcome back to the exchange. Anthropic dividing Silicon Valley over its stance on AI regulation with big names like David Saxs and Reed Hoffman clashing over the issue. McKenzie Sagalos is back with the story in today's tech check.>> So John, this debate around AI safety is fracturing Silicon Valley with anthropic at the center of the divide. One investor in the company told me that Anthropic stance on responsible R&D is valid but easily interpreted as a regulatory capture. The company has hired senior Bid ...

Antropic now at the center of a battle over AI regulation and safety with public clashes on X between tech titans like David Saxs, Reed Hoffman, Mark Andre. Our Mackenzie Sagal is following that story for today's tech check. Hi again Mac.>> Hey Carl. So Silicon Valley is splitting into two distinct camps. Those pushing for guard rails on AI and then those warning that regulation could kill America's edge.Now, on one side, Trump's AIS are David Saxs, Mark Andre, Elon Musk, and other high-profile Republican a ...

Anthropic CEO Dario Amodei put out a lengthy blog post pushing back at “inaccurate claims” about its policy positions days after White House AI czar David Sacks criticized the company’s calls for more AI regulation https://t.co/xGh5RmPXyi ...

Make no mistake, what we are dealing with is a real and mysterious creature, not a simple and predictable machine. This is from anthropic co-founder Jack Clark. He recently published some of his comments from a talk he did in Berkeley in which he conveys his fear of this steady march towards artificial general intelligence.So, we're going to go over what he's so afraid of. Then we're going to give the flip side to show who's thinking that this is just fear-mongering and regulatory capture. Now, before I get ...

AI and the Federal Reserve - The Fed is dedicating significant attention to AI, with approximately 25% to 33% of Fed communications addressing the topic [2] - A Fed governor suggests policymakers should allow AI disruption, trusting long-term benefits will outweigh costs, similar to historical technology trends [2] - History indicates new technology fosters growth and employment, with capital and labor acting as complements [3] - The challenge for policymakers is to facilitate worker and firm adaptation, ensuring efficiency gains translate to higher wages and growth [3] AI's Impact on Labor and Productivity - AI-related job losses are currently managed through attrition and retraining, but layoffs are expected to increase, particularly for college-educated workers [5] - AI presents potential threats including fraud, disinformation, bias, and cybersecurity [6] - The Fed anticipates AI could deliver greater productivity, potentially allowing the Fed to operate at a lower rate [6] Regulatory Approaches and Investment - A Fed governor suggests the US approach of allowing technology to develop before regulating is superior to Europe's preemptive regulation [7] - The US approach is credited for the US leading Europe in the 1990s technological boom [7] - A report indicates AI investment may have peaked in the first half of the year [8] Monetary Policy Implications - One Fed governor suggests the neutral rate could be higher due to capital investment from AI [8] - The potential influence of AI on monetary policy, particularly regarding long-run rate outlook changes due to investment and productivity booms, remains a key consideration [9][10]

AI Regulation & Policy - Lawmakers are actively seeking the appropriate regulatory approach for AI, balancing online safety and algorithmic accountability [1] - The focus is on avoiding overregulation that could hinder U S competitiveness in the AI sector [1] - Senator Marsha Blackburn is a key figure in DC, addressing tech privacy and AI policy [1] - Discussions revolve around regulating AI in a way that doesn't impede the private sector's innovation [1] CNBC's Coverage - CNBC is hosting an AI Summit featuring Senator Marsha Blackburn [1] - CNBC provides live and exclusive video content related to AI development and regulation [1] - CNBC offers up-to-date stock market news and analysis [1]