AI Tech Talks & A Steel Deal 03/18/24

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 18 March 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple is reportedly in talks with Google to license AI model suite Gemini for iPhones. CNBC’s Steve Kovach discusses the report and the impact it could have on regulatory concerns for big tech. Palantir co-founder and tech investor/entrepreneur Joe Lonsdale shares his perspective on Reddit’s imminent IPO and on AI’s trajectory, both for economic efficiency and for sentience. Japan’s Nippon Steel plans to buy U.S. Steel for over $14B, but President Biden has spoken out against the deal. President of the U.S. Steel Union David McCall explains why he welcomes the President’s comments. Plus, the Fed kicks off its next two day policy meeting this week, and Vladimir Putin will serve another six-years as Russia’s leader. Steve Kovach- 10:12 Joe Lonsdale - 15:18 David McCall - 25:56 In this episode: Joe Lonsdale, @JTLonsdale Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod from CNBC.
0:07.0	I'm producer Cameron Costa and on today's episode,
0:10.0	Apple reportedly in talks to license Google's AI, Gemini.
0:15.0	C. NBC's Steve Kovac explains the story.
0:18.0	This is huge because the assumption up until just wee hours of this morning
0:22.0	when this report came out was
0:23.1	Apple's gonna build its own model it's gonna do everything in house as it has done
0:26.7	so many times. Whoever develops it AI is changing the US economy? Palantier co-founder Joe Lonsdale
0:34.3	on all of its potential.
0:36.0	Could it ever be, Cynthia?
0:37.4	Yes.
0:38.4	Yes.
0:38.9	We're learning very much how the human brain works
0:41.0	and we're learning ways to this thing being way more advanced
0:43.2	than the human brain. That is the big question that's very scary. I personally think it
0:46.7	takes decades longer to get there.
0:49.0	Plus, Japan's Nippon Steel ready to buy US Steel for over 14 billion dollars.
0:55.8	David McCall, the president of the US Steel Union,
0:58.9	says not everything should be open to allies. Japan's an ally, but that doesn't necessarily make a my economic ally.
1:06.8	It's Monday, March 18, 2024, and Squack-Pod begins right now.
1:13.0	Stand Becky by in three, two, one, queue please.
	...

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