Welcome to Seeking Office Wall Street Lunch.

Our afternoon update on today's market action news and analysis.

Good afternoon. Today is Wednesday, October 4th, and I'm your host, Kim Khan. Our top story so far. Start

your SkyNet countdown clocks. Soft Bank CEO Masayoshi Sun says he thinks that general artificial

intelligence will top the collective

intelligence of humanity and that will come within the next 10 years. Sun said that the

company's world conference it is wrong to say that AI cannot be smarter than humans, as it is created by

humans.

AI is now self-learning, self-inferencing, just like human beings, he added, that's according

to Reuters.

He also touted advancements made by janitor the AI. The 66 year old son delve

deeper and said he's the only person who thinks artificial general

intelligence will come in such a short time. Conversely, Arm CEO Renee Haas, also at the conference, said it would come within his lifetime.

In today's trading, the bond market and labor market remain in control,

but the action is volatile were the reverse of

what we saw on Tuesday. In the previous session longer yields shot up after August

jolt showed an unexpected rebound in job openings that pushed the 10-year yield to multi-year highs

peeking overnight just shy of 4.9 percent. But a week September ADP Jaws report this

morning pulled that yield back down to just above 4.75%.

ADP said private payrolls rose by 89,000 last month,

well shy of the 150,000 consensus.

The ADP report is notoriously unreliable for predicting the official jobs figures, which are out Friday,

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