Governments dip into AI regulation
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 1 November 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
Sam Bankman-Fried’s fraud trial is set to wrap up today, eurozone inflation fell to its lowest level for more than two years, and Odey Asset Management is to close after allegations of sexual assault and harassment against its founder. Plus, global political leaders and tech executives will gather in the UK next week to discuss risks of artificial intelligence.
Mentioned in this podcast:
He said, they said: Sam Bankman-Fried jury weighs duelling accounts of FTX’s downfall
Eurozone inflation falls more than expected to 2.9%
Odey Asset Management to close after sexual assault allegations against founder
How Sunak’s Bletchley Park summit aims to shape global AI safety
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:04.1 | Today is Wednesday, November 1st, and this is your FT News briefing. |
| 0:09.7 | Sam Bankman-Freed's fate will soon rest with the jury. |
| 0:13.5 | Eurozone inflation numbers are out, and people finally have something to celebrate, plus |
| 0:18.8 | innovation in artificial intelligence is barreling ahead. |
| 0:22.4 | But if we do create artificial general intelligence, super intelligence, do we know how we would |
| 0:29.1 | control such a system? |
| 0:30.7 | I'm Mark Filipino, and here's the news unit to start your day. |
| 0:38.8 | Sam Bankman-Freed's trial is set to wrap up today. |
| 0:41.6 | A jury in a New York federal court will determine the fate of the man who founded the now-collapsed |
| 0:46.3 | cryptocurrency giant FTX. |
| 0:49.3 | If convicted of fraud, Bankman-Freed could potentially face a life in prison. |
| 0:54.0 | He's pleading not guilty. |
| 0:56.0 | The FT's Joe Miller is covering the trial. |
| 0:58.2 | Hi, Joe. |
| 0:59.2 | Hi, Mark. |
| 1:00.5 | So we are wrapping up a five-week trial, which you have covered extensively. |
| 1:06.0 | What is happening today? |
| 1:08.0 | Well, today we finally get to closing arguments, which is the sort of blockbuster stage of |
| 1:14.3 | a criminal case where the prosecution and the defense get to outline their various narratives |
| 1:20.0 | of what exactly went on here, and particularly what happened in the final days of FTX before |
| 1:25.0 | it collapsed with a $8 billion whole in its balance sheet last November. |
... |
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