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WSJ Tech News Briefing

How Artificial Intelligence Is Changing Work

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 21 February 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Artificial intelligence is already changing work across industries. Companies are looking to AI tools to help them operate more efficiently, and in some cases, increasing automation in their workforces. But as workers upskill and reskill how can they—and the companies that employ them—keep up with the pace of innovation? Andrew Ng, managing general partner of AI Fund, spoke with WSJ global tech editor Jason Dean at the WSJ CIO Network Summit about how AI will affect the labor force, and which companies are positioning themselves the best in the AI market. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:30.0

Welcome to tech News Briefing. It's Wednesday, February 21st. I'm Alex Osila for the Wall Street Journal.

0:40.0

Coming up on today's show, Chipmaker Invidia is doing really well.

0:44.4

Last year it became the first semiconductor company worth $1 trillion,

0:48.9

and it's closing in on $2 trillion.

0:51.4

But can it sustain this growth?

0:53.7

We'll find out what investors will be looking for as NVIDIA reports fourth quarter earnings today

0:58.5

from W.S.J. heard on the street columnist Dan Gallagher.

1:02.2

And then, as artificial intelligence starts to impact Street columnist

1:04.1

Dan Gallagher and then as artificial intelligence starts to impact companies across

1:05.9

industries can workers reskill quickly enough to keep pace with

1:09.2

innovation. Andrew Ng, managing general partner of AI Fund, tells W.S.J. Global Tech Editor Jason Dean

1:16.4

about how AI could affect the labor force and which companies are best positioning themselves

1:21.1

in the AI market. But first, for Chipmaker

1:26.6

Invidia, the generative AI boom has been a very good thing. In the past year, the

1:31.8

company's market value has gone from about half a trillion dollars to just under 1.8 trillion dollars.

1:37.0

It's made NVIDIA the third most valuable U.S. company.

...

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