Guys, you know, we we uh in the last moments have gotten a couple of press releases from both OpenAI and Microsoft that are detailing the recapitalization that we've been keeping a close eye on of Open AAI. Remember, of course, one of the most important companies in the world, frankly, is Open AI, but it's a private company. It has been a notfor-profit and has been in the midst of a recapitalization to change that essentially and to become a public benefit corporation um as well as then having the open a uh ...

Group 1 - Apple has begun shipping American-made AI servers from Texas as part of its commitment to invest $600 billion in the US [1] - Disney warns that ESPN and other networks may disappear from YouTube TV if a new distribution agreement is not reached by the end of the month [2] - Ford's shares are rising after third quarter results exceeded expectations, although the automaker has lowered its full-year guidance [2] Group 2 - Deckers Outdoors shares are declining due to weaker than expected revenue, despite the forecast for Q2 results beating expectations for the owner of Hoka and UGG Shoes [3]

AI Investing Framework - The AI investing landscape is being navigated with uncertainty, likened to looking through a fog with strobe lights [3] - Obvious AI investments include chatbots and productivity/coding assistance, but differential investment is harder due to widespread awareness [4] - Significant changes are expected due to AI disruption, prompting consideration of new opportunities, such as new LinkedIns enabled by AI [5] - Focus should be on Silicon Valley blind spots, areas where AI will be transformative but outside the conventional software-centric view [6][7] Silicon Valley & AI - Silicon Valley's culture, while fostering coopetition and invention, has blind spots, particularly regarding non-software applications of AI [6][7] - A classic blind spot is the tendency to prioritize software-based solutions, overlooking areas where AI's impact will be significant outside of traditional CS [7] - Silicon Valley tends to overemphasize simulation as a solution, which may not be effective for complex problems like drug discovery [16][18] AI's Impact on Professions - AI diagnostic capabilities are superior knowledge stores compared to human doctors, suggesting a shift in the doctor's role [21] - The future role of doctors will be as expert users of AI knowledge stores, not as mere repositories of memorized information [22] - LLMs are currently limited in reasoning capabilities, often providing consensus opinions rather than lateral thinking [25][28] - Professionals need to develop more sideways and lateral thinking to effectively utilize AI, questioning consensus opinions [28] AI & Automation - Automation of physical tasks (atoms) is more challenging than automating information-based tasks (bits) due to factors like capital expenditure and robotics limitations [33][34] - The economics of robotics depend on the crossover point between capital expenditure (capex) and operational expenditure (opex) [46] - Current AI systems often lack common sense awareness and context awareness, leading to nonsensical outputs [47] AI Adoption & Hype - AI is currently underhyped because many people judge it based on past experiences and haven't seen its recent advancements [54][57] - AI adoption is driven by the "lazy and rich" concept, where it enables users to work fewer hours and make more money [52] - Skepticism towards AI often stems from judging it based on its present capabilities rather than extrapolating its future potential [59] AI Development & Future - AI development involves combining different models, such as LLMs and diffusion models, to achieve complex tasks [59] - Making AI models more predictable and reliable is a crucial goal to alleviate fears about potential misuse [59] - Achieving logical proof and validation in AI, particularly in mathematics, remains a significant challenge [60] - The development of agency and goal-setting capabilities in AI is almost certain, raising concerns about control and alignment with human values [60] LinkedIn's Durability - LinkedIn's durability stems from its large network, which is difficult to replicate due to the lack of sizzle compared to social media platforms [62][63] - LinkedIn has built a network that fosters collaboration and professional connections, making it a valuable resource for its users [63] - LinkedIn's success is attributed to staying true to its purpose, providing a platform for professional networking and collaboration [63] Friendship in the Age of AI - Friendship is a joint relationship where two people agree to help each other become the best possible versions of themselves [64][65] - True friendship involves mutual support and tough love, helping each other grow and improve [65] - AI companions, while potentially awesome, cannot replace human friends because they lack the bidirectional relationship and mutual growth [66][67]

Five things uh to know ahead of the uh opening bell. Semiconductor equipment giant ASML says it expects, in its words, a significant sales decline in China next year. Still, the Dutch company said it doesn't expect 2026 total net sales to fall from this year's French luxury house LVMH.Uh, we had ASML, I got LVMH. You got to pay attention. Reporting growth of 1% the most recent quarter, reversing two consecutive quarters of declines.Boston, uh, actually, let's start with the Boston Fed president is Susan Col ...

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 ...