TechCheck+ AI’s trillion dollar time bomb 7/19/24
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 19 July 2024
⏱️ 10 minutes
🧾️ Download transcript
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| 0:00.0 | Microsoft jumped on the Gen AI bandwagon early. |
| 0:03.2 | Microsoft is reportedly in talks to invest $10 billion in open AI. |
| 0:07.6 | Microsoft, yes, the largest company on earth, |
| 0:10.5 | tank the company's early aggressive bets on open AI. |
| 0:13.8 | I hope that with our innovation, they will definitely want to come out and show that they can |
| 0:18.6 | dance and I want people to know that we made them dance. |
| 0:21.3 | But now, Microsoft looks like the mark at a poker table. |
| 0:24.4 | Billions of dollars in cappex, a premium valuation, little AI sales to show for |
| 0:30.0 | it, and shelling out $13 billion for what Apple was able to secure for free just 18 months later. |
| 0:36.5 | Apple just announcing that Chatchi VT from Open AI will be integrated into iPhone, |
| 0:42.4 | iPad, and Mac software. |
| 0:44.0 | Microsoft could be a warning to the broader AI space |
| 0:47.0 | as experts increasingly warn |
| 0:49.0 | of a widening gap between what companies are |
| 0:52.0 | spending on AI and what they're getting back from it. |
| 0:55.6 | I'm Deja Bosa and this week on Tech Check, AI's trillion dollar time bomb. |
| 1:03.0 | Generative AI promised to change everything. |
| 1:07.0 | Generative AI is going to reset the internet as we know it and yes it will change |
| 1:12.0 | a life. Better productivity, medical breakthroughs, environmental sustainability, |
| 1:16.2 | personalized learning. |
| 1:17.6 | Of course we are only just getting started. |
| 1:20.5 | But instead we got deep fakes, disinformation, spam, and plagiarism. |
... |
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