Tech Consolidates Stock Market Growth, Lawyer Uses Hallucinating ChatGPT, XR Wars Heat Up

Big Technology Podcast

Alex Kantrowitz

Management, Religion, Politics, Entrepreneurship, Business News, News, Investing, Marketing, News Commentary, Social Sciences, Science, Society & Culture, Religion & Spirituality, Business, Tech News, Philosophy, Government, Technology

4.7 • 596 Ratings

🗓️ 2 June 2023

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ranjan Roy of Margins is back for our weekly discussion of the week's tech news. We cover: 1) Tech stocks consolidating growth in the S&P 500% 2) The 'Asset Market Meltdown Hypothesis' 3) Amazon's entry into wireless. 4) Japan's threat to AI copyright law 5) The lawyer that used ChatGPT and looked like a fool 6) The Center For AI Safety's bold Statement 7) The fake 'simulation' where an AI killed a military operator 8) Meta's new Quest 3 headset 9) What to expect at Apple's big WWDC event -- Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice. For weekly updates on the show, sign up for the pod newsletter on LinkedIn: https://www.linkedin.com/newsletters/6901970121829801984/ Questions? Feedback? Write to: bigtechnologypodcast@gmail.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey, I'm Michael Kovnet, host of The Next Big Idea Daily.
0:04.0	The show is a masterclass in better living from some of the smartest writers around.
0:08.7	Every morning, Monday through Friday, we'll serve up a quick 10-minute lesson on how to strengthen your relationships,
0:14.9	supercharge your creativity, boost your productivity, and more.
0:18.9	Follow the Next Big Idea Daily wherever you get your podcasts.
0:30.5	Welcome to Big Technology Podcast Friday edition where we break down the news in our
0:34.5	traditional cool-headed and nuanced format.
0:37.2	We are here with you on a very big Friday.
0:39.3	We have Apple's big WWDC event coming up on Monday, so we're going to preview that.
0:45.3	But first, we're going to talk about how the tech stocks have started to consolidate.
0:48.3	Much of the gains in the S&P 500, and we're also going to talk about AI copyright.
0:52.3	What's going on in Japan. Actually, there's a story brewing that you might want to hear about and AI hysteria,
0:57.7	all these signatures about preventing the worst from AI.
1:00.6	We're going to get to all that and more.
1:02.2	Joining me today is as always is Ron John Roy here with us from margins on substack.
1:07.2	Ronjan, welcome to the show.
1:09.0	It's Friday. Good to be here.
1:18.6	Great to have you. So let's start right away talking about our big story because you sent this to me and I said we have to talk about this. And what's happening right now is the market is absolutely ripping. The S&P 500 is up almost 12% on the year, which is extremely impressive, especially given the terrible down year it had last year.
1:30.9	And who's making up the growth?
1:32.9	You would think that with interest rates rising,
1:35.6	you would have a much more even distribution of the growth.
1:38.8	But no, this is from Axios.
	...

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