Will Slower Growth Diminish Xi’s Chinese Dream?

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 21 July 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for July 21. The first in our four-part series on China: “The State of Xi’s Chinese Dream.” The Wall Street Journal’s China bureau chief Jonathan Cheng and reporter Stella Yifan Xie discuss what the recent economic downturn in China means for leader Xi Jinping’s strategy for the country and its position in the global order. Plus, the White House says Amazon, Google, Meta and Microsoft have agreed to AI safeguards. And Quentin Webb explains how big tech companies could roil U.S. stock markets in the coming week. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The Journal's Tech Live is returning to Laguna Beach, October 16th through the 18th.
0:04.8	Be part of an invitation-only group of Tech's top players and enjoy our exclusive rates.
0:10.0	Request your invitation today at WSJ.com.
0:14.0	Slash Tech Live Podcast.
0:23.0	The Biden administration and Tech companies agree to voluntary AI guardrails.
0:29.0	Plus, why the Dow and Tech Heavy NASDAQ are heading in opposite directions
0:34.0	and our look at China's place in the global order as its economic engine falters.
0:39.0	China may end up getting stuck in what economists call this middle-income trap here where
0:45.0	they're never quite able to break through to that next level of pro-capita GDP growth.
0:50.0	It's Friday, July 21st.
0:52.0	I'm Luke Vargas for the Wall Street Journal and here is the AM edition of What's News.
0:57.0	The top headlines and business stories moving your world today.
1:07.0	The White House says it has reached a deal with Tech companies on artificial intelligence safeguards.
1:13.0	Seven major AI companies, Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and Open AI
1:20.0	have agreed to put more guardrails around AI with leaders from the companies set to me
1:25.0	with President Biden in Washington today.
1:28.0	Journal AI reporter Deepa Sitharaman told me that the companies have committed
1:32.0	to testing the security and capabilities of AI systems before they're released to the public.
1:37.0	Another thing that they're asking the companies to start working on is watermarking,
1:43.0	to put in place some kind of barrier so that fake images don't circulate online
1:49.0	and then cause some sort of panic the way we saw back in May
1:54.0	when viral photo of the Pentagon being attacked started spreading all over social media
	...

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