Robots Are Coming! with Reid Hoffman 04/05/23

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 5 April 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

For better or worse, the age of AI has arrived! LinkedIn co-founder, ‘Masters of Scale’ podcaster, and OpenAI investor Reid Hoffman co-founded AI company Inflection and co-wrote a book with GPT-4; he considers public fears of the technology, calls to pause its development, and the rift between Elon Musk and OpenAI founder Sam Altman. ExxonMobil is growing its green energy business. Dan Ammann, President of ExxonMobil Low Carbon Solutions, shares how clean energy fits in with the company’s larger business goals. The Justice Department has criminally charged Charlie Javice, founder of college financial planning platform Frank, with defrauding JPMorgan Chase out of $175 million. Plus, CNBC’s Eamon Javers reports on news from former President Trump’s arraignment in Manhattan. In this episode: Reid Hoffman, @reidhoffman Dan Ammann, @exxonmobil Eamon Javers, @EamonJavers Andrew Ross Sorkin, @andrewrsorkin 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 and I'm C and NeeC producer Cameron Costa.
0:08.0	On today's episode, Ready or Not, Here AI Comes. Is it good news or bad news? Well, it depends on who you ask.
0:17.0	We checked in with LinkedIn founder and tech investor Reed Hoffman.
0:21.0	Oh my God, the robots are coming for your jobs that are coming for your information sources and democracy or maybe they're even coming for you.
0:27.4	Yeah. Actually in fact the robots are coming to help you.
0:30.5	And ExxonMobil doubling down on green energy,
0:34.4	president of the company's low-carbon solutions, Dan Amman.
0:38.1	In the long run, the only way the world's going to get on the path to net zero
0:42.4	is for the energy transition to be
0:44.0	economically viable. Those conversations plus former President Trump back in
0:49.6	Florida after an eventful trip to New York and JP Morgan's suing a tech founder for duping the bank.
0:57.0	This is both a fascinating sort of story on one side.
1:00.9	It's an embarrassing one if we're being, you know, truthful about it.
1:04.0	A big bank's big mistake and a rising star brought down to earth.
1:09.0	Who gets arrested at an airport?
1:11.0	People who are trying to leave.
1:12.0	It's April 5th and Squack Pod begins right now.
1:16.1	Stand Becky by in three, two, one, Q, please.
1:21.8	Good morning everybody. Welcome to Squackbox right here on
1:24.9	see NBC. We're live from the NASDAQ market site in Times Square. I'm Becky
1:28.8	Quick along with Joe Kernan and Andrew Ross Sorokin. Let's talk about Cleveland Fed President Loretta Mester.
	...

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