I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

It's time for some money rehab. Here's your weekly roundup of the biggest headlines on Wall Street and how they affect your finances.

This is a juicy, choosy episode and we're kicking it off with a chaotic mess over there at

Open AI, which is the company of course, that made ChatGBT.

To ease us into this, I want to read you a quote from a New Yorker profile of Sam

Altman from all the way back in 2016. It's kind of a long quote, but trust me it's

worth it. The background of the quote is that Sam Altman is

discussing his hobbies and he says quote I

prep for survival my problem is that when my friends get drunk they talk about the ways the world will end.

After a Dutch lab modified the H5N1 bird flu virus five years ago,

making it super contagious, the chance of a lethal synthetic virus

being released in the next 20 years became, non-zero. The other most popular scenarios

would be AI that attacks us and nations fighting with nukes over scarce resources.

I try not to think about it too much, but I have guns, gold,

potassium ionine, antibiotics, batteries, water gas masks from the Israel Defense Forces and a patch of land in Big Sur I can fly to."

I share all of that to give you a frame of reference for the guy who is at the center of the biggest AI breakthroughs

this year. Chat GBT, everyone's favorite AI.

To understand anything about this story, you need to know two things. you don't need to believe them but you do

need to remember them for this story to make any sense one some people who are seriously

involved in the development of general artificial intelligence

believe that it could pose a massive apocalyptic threat to the human race and two

some people believe AI will be the most lucrative development of all time.

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