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WSJ What’s News

Microsoft’s Brad Smith Wants an AI ‘Off Switch’

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 3 November 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

A.M. Edition for Nov. 3. World leaders sounded the alarm on AI at a summit in the U.K., saying it was time to ‘take science fiction seriously.’ Microsoft president Brad Smith tells our Luke Vargas why an AI ‘safety break’ is necessary to prevent the technology from endangering humanity. Plus, crypto golden boy Sam Bankman-Fried is found guilty of fraud. Sandra Kilhof hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Get a better grip on the markets.

0:02.8

WSJ's Take On the Week is here to give you a look ahead to the most important events on

0:08.0

the economic and business calendar and what they mean for your money and investments.

0:13.2

Subscribe wherever you listen to podcast.

0:21.0

Crypto Golden Boy Sam Bankman Freed is found guilty of fraud.

0:25.0

House Republicans pass a $14 billion aid package for Israel.

0:30.0

And we speak to Microsoft President Brad Smith about the risks of AI.

0:34.8

Let's understand every science fiction movie actually is the same.

0:38.8

People create a machine that thinks for itself,

0:41.0

the machine decides to enslave or extinguish humanity.

0:44.6

Humanity fights back and wins by turning the machine off.

0:48.6

So let's create an on-off switch.

0:50.8

It's Friday, November 3rd.

0:52.1

I'm Sandra Kilhoff for the Wall Street Journal,

0:54.0

and here's the AM edition of What's News.

0:56.0

The top headlines and business stories moving your world today. today.

1:05.2

And we begin with a verdict in the criminal trial of FTX founder Sam Bankman Freed.

1:10.5

He has been accused of seven charges ranging from wire fraud to money laundering, and last

1:15.4

night he was found guilty on all counts.

1:18.6

Crypto reporter Caitlin Ostroff was at the court hearing and spoke to our Keith Collins shortly after the verdict.

1:24.1

So we got the verdict after about four and a half hours of deliberation,

1:28.4

significantly less than a lot of the press expected. And when it was announced that there would be a verdict, pretty much everyone

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