AI Oversight, Bitcoin’s Believer Binary, & The (Money) Talk 02/27/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 27 February 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Google has taken its Gemini AI image generator offline after the tool’s historically inaccurate images prompted criticism across the internet. Heroic Ventures founder, futurist and podcaster Michael Fertik discusses various LLM controversies–some involving Elon Musk–and the solutions to bias in AI. Fertik underlines the importance of these “fixes” early in AI adoption, before AI-generated inaccuracies find their way into public knowledge. Anthony Scaramucci breaks down CNBC’s latest conversation with JPMorgan CEO Jamie Dimon, including his perspective on the economy, bitcoin, and politics. Plus, CNBC’s Sharon Epperson loves talking about personal finance, but a new survey shows that many people–and many women–do not. Tune into CNBC’s “Women & Wealth” event on March 5th for more personal finance conversation. Anthony Scaramucci - 02:53 Michael Fertik - 22:41 Sharon Epperson - 31:13 In this episode: Michael Fertik, @michaelfertik Anthony Scaramucci, @scaramucci Sharon Epperson, @Sharon_Epperson Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pod.
0:09.0	Anthony Scaramucci, yes, he of the 11 day White House stint.
0:13.4	I've been humbled by life, I've been humbled by markets,
0:16.3	humbled by politics.
0:17.7	The investor on politics, the US economy,
0:20.5	and Bitcoin's big rise.
0:22.2	Just go back to 1971 when we pulled ourselves off the gold standard.
0:26.0	The US dollars lost 98% of its purchasing power in 52 years.
0:31.0	Google versus its own AI. Michael Furdick on the controversy plaguing big tech.
0:37.0	Over time, if left unchecked, this fictitious information that came from Gemini and comes from other models.
0:44.8	You don't have to just pick on Google.
0:46.3	We'll find its way into our knowledge sphere.
0:50.5	Plus, are you comfortable talking about money our Sharon Epperson is?
0:54.0	I'm always talking about money. I go home, I talk about money, I talk about money here,
0:58.0	talk about money to my friend.
1:00.0	But it turns out talking about finances is more difficult than talking about death.
1:05.0	Or talking about sex.
1:07.0	This is getting awkward very quickly.
1:10.0	It's Tuesday February 27th.
1:12.0	Squawkpot begins right now.
1:14.8	Stand under by in three, two, one, Q, Andrew.
	...

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