Let's bring in Plexo Capital founding managing partner and CNBC contributor Low Tony. Low, thanks for having me. Great to have you here.Which is it. I love the old school references cuz I've got enough gray hair like we talked about to actually have been there. I had hair before the black canvas.It's a little known fact. I cut all mine off in anticipation. I think what we're going to see is a little bit of both because there's elements of both, right.So we had the vendor finance uh equipment purchasing that ...

If you find yourself starting a sentence with here's what chat GPT said or I asked Claude or according to Gemini you are the worst and I don't like you and you what the end of your sentence is not going to be interesting to me. I asked Chad GPT is not the beginning of a good story and everybody should stop doing it please on the internet and in real life. I would 100% agree. I think Jake will too. I'm like I it doesn't matter at all. it it has no bearing on anything. I feel crazy when people say that to me ...

[Music] He stood there on the deck of the boat just enjoying his cruise. The sun was setting and the sky looked as if God had just simply painted it himself. The wind was blowing one of those strong breezes off of the salt air ocean.Made you just feel alive. And as he stood just soaking it all in, he noticed in the corner of his eye an elderly woman who was standing by the railing and she was holding both sides of her wide-brimmed sun hat. And that saltwater breeze that was blowing in the air was blowing up ...

AI Tools Landscape - The presentation discusses the rapid growth of AI tools, estimating over 35,000 currently exist and are rapidly increasing [4][9] - It highlights that tools like Chat GPT, Google Gemini, and others represent only a small fraction of the total AI landscape [4] Survival Guide to AI Wonderland (1-2-3 Formula) - The core message is a "survival guide" to navigate the AI landscape, using a 1-2-3 formula [4] - One key takeaway is that AI will not replace individuals, but individuals using AI will [6] - Two methods to stay updated with AI news involve exploring AI directories and curating AI-related news on social media [7][8][10] - Three essential skills for using AI tools effectively are validating AI responses, crafting effective prompts, and selecting the appropriate AI tool for the task [5][12][14][16] Essential AI Skills - Validation and verification of AI-generated content are crucial due to the potential for errors and inaccuracies [12][13] - Prompt engineering, or crafting detailed and specific prompts, significantly impacts the quality of AI output [14][15] - Choosing the right AI tool is essential, as different tools have varying capabilities and strengths [16][17][18]

Market Concentration & AI - The market is concentrated around AI, with the top two and top 10 stocks at all-time records, which is considered scary [2] - Companies with earnings growth, particularly those related to AI, are driving the concentrated market [2][3] - Nvidia benefits from hyperscalers raising their capex expectations, and Microsoft benefits from AI spending driving Azure growth and cost reduction, with headcount down year-over-year while growing at 15% [4][5] - The return on AI is now visible, with Microsoft as a prime example [7] Tariffs & Inflation - Tariffs initially crushed the market, leading to a 20% loss in days, but the market has recovered [7][8] - Tariffs have been pushed out and inventory has been built, mitigating the immediate impact [8] - Tariffs are expected to add about 15% to consumer prices, according to a Yale study [9] - While 15% in aggregate may not be a problem, companies heavily affected by tariffs (10-20% cost increase) will face challenges compared to those with pricing power or without tariff issues [10]

Let's start on this one with chat GPT and these new mental health guardrails because the company is admitting here that there were times where the chatbot they said fell short in recognizing signs of delusion or emotional dependency. Um, this is something we've talked about quite a bit here on NBC, kind of like these relationships people feel they're forming with these chat bots. It's now going to prompt users to take breaks during long conversations and it's not going to give direct advice about personal c ...

AI Investment Landscape - AI is a foundational technology, not a fleeting trend, rewiring industries and driving a new economy [3][4][8] - Massive investments in AI infrastructure, data centers, semiconductor fabs, energy grids, and advanced networking are crucial for the new digital economy [6] - The focus should be on the infrastructure (picks and shovels) like GPUs, servers, connectivity, and cybersecurity, not just the AI applications [7] - Suro Capital invests in AI infrastructure layer companies, including OpenAI, CoreWeave, and Vast Data [17] - CoreWeave went public and received buy recommendations from banks with price targets above $200, trading around $185 [18][19] AI Technology and Challenges - AI hallucination refers to the AI making assumptions and generating incorrect information [24][25][26] - Companies are investing in building guardrails to make enterprise AI applications more reliable and reduce hallucinations [27][37] - Different AI models are trained differently, leading to varying responses to the same query [30][31] - AI models are improving, and errors are becoming less frequent, with efforts focused on making them enterprise-ready [37][38][39] Future of AI and Labor Market - AI is reshaping the labor market, with new jobs emerging and existing roles evolving [49] - AI tools are being adopted in specialized fields like medicine (Open Evidence) and law (Harvey AI) [41][45] - Companies providing AI solutions for medical professionals (transcription) are seeing massive increases in valuation [45][46] AI Regulation - AI regulation is a moving target, with a push and pull between fostering growth and implementing guardrails [50][51] - Regulators are trying to understand the key components of AI technology to determine the best approach for regulation [51] - The rapid pace of AI development makes it challenging for regulation to keep up [52][53]

AI in Healthcare - Microsoft AI is exploring the use of AI in medical diagnosis [1] - Microsoft's diagnostic orchestrator, utilizing OpenAI technology, achieved an 85% accuracy rate in diagnosing cases from the New England Journal of Medicine, surpassing experienced physicians [2] - Microsoft AI receives 50 million health-related queries daily through Copilot and Bing, aiming to provide high-quality, accurate, and affordable health advice [4] - AI models synthesize vast medical information, ask questions, recommend tests, and iteratively improve diagnostic accuracy in partnership with physicians [6][7] - The AI system uses an orchestrator to select the most accurate AI model from multiple developers at any given time [9] - The AI provides transparency by showing the reasoning behind its conclusions, the data it used, and the tests it factored in [11] AI Development and Talent - Microsoft views China as a credible AI development team, acknowledging their talented researchers and access to computation and data [26][27] - The widespread availability of AI technology in open source is leading to a rapid proliferation of knowledge and know-how [24] Microsoft and OpenAI Relationship - Microsoft has invested approximately $14 billion in OpenAI [17] - Microsoft views its relationship with OpenAI as a strong technology partnership that will continue for at least another 5 years [18]

AI Adoption in Small Businesses - AI tools are being integrated into existing platforms used by small businesses, such as Square [1] - Businesses should explore using tools like ChatGPT to improve efficiency [1] Practical Applications of AI - A hair salon uses ChatGPT to assist in determining hair color mixtures [1] - Using AI like ChatGPT is similar to communicating with a human, requiring clear guidance [2] - AI sped up the hair salon process by approximately 10 minutes [2]

AI Ethics & Bias - AI ethics is the study of aligning artificial intelligence with human values and moral principles, promoting responsible AI use through fairness, accountability, transparency, and safety [1] - AI systems can learn and scale human biases, amplifying them significantly, as demonstrated by Amazon's hiring AI and a bank's loan lending AI [1] - Current large language models (LLMs) like ChatGPT are often "black boxes," lacking interpretability, which hinders the ability to identify and rectify faults in their decision-making processes [1] Anthropomorphism & Social AI - Anthropomorphism, the tendency to treat non-human entities as human, poses risks when applied to AI, potentially leading to inappropriate moral consideration [1][3][9] - Social AI systems, designed to fulfill social needs like companionship, can evoke trust, intimacy, and even love, exacerbating the anthropomorphism problem [5][6] - Assigning human qualities to non-conscious AI systems risks neglecting moral considerations for entities that deserve them, such as non-human animals [9][10] Future of AI & Responsible Development - Interpretability and adaptability are essential for creating safer and more trustworthy AI systems that can be effectively integrated into society [11][12] - The industry needs to address the ethical implications of AI, especially with the potential emergence of Artificial General Intelligence (AGI) and AI agents in the workflow [14][15] - The industry should focus on building a society where technology is ethically aligned with humans, ensuring a safe and trustworthy environment [13][16]