"We think there is a more than 50/50 chance AI will wipe out all of humanity by the middle of the century."
explains why people aren't taking the risks of AI seriously enough, but also his optimism around the new technology and how to harness its power.
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"The thing that may happen with the change is a repair of the Tesla brand with a certain segment of society."
That's what analyst Colin Rusch said in response to announcing he's stepping down as CEO and the impact on .
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Raising the Social Security retirement age would 'haunt young people,' says expert. Here's why
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LISTEN NOW: One Wall Street firm warns that there's a "50/50 chance AI will wipe out all of humanity." Listen and follow the podcast here: link.chtbl.com/power_lunch
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A retirement savings gap may cost the economy $3.1 trillion by 2040. How state-run programs can fix it
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LISTEN NOW: Private equity names like Blackstone are popping up on the list of bidders for the likes of SVB and First Republic. Listen and follow the podcast here: link.chtbl.com/the_exchange
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A solar stock and two tech giants emerge as this week's top S&P 500 gainers
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Americans in most states will no longer receive Covid exposure notifications on phones
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U.S. can avoid default in July if Treasury can make it through June cash crunch, Congressional Budget Office says
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For Asian American Pacific Islander Heritage Month, Citi’s Ida Liu highlights the importance of understanding the values of the Asian community. #AAPIHeritageMonth #AAPIAmplified cnb.cx/3I1BsCG
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JetBlue adds incremental perks like early boarding and booze to keep travelers reaching for status
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The White House is throwing its support behind a proposal from Sen. Manchin to streamline the energy permitting process — a process that executives have said creates bottlenecks, delays and elevated costs. joined yesterday with more.
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Is the future of banking? analyst Andrew Jeffrey makes his cases and explains why the stock is a buy. $SOFI
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Ford reveals redesigned Ranger pickup with new Raptor performance model
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Best Buy doubles down on membership program as sales cool
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Goldman Sachs is spinning off its first startup — an A.I.-powered networking platform called Louisa. reports. cnb.cx/42u1PJv
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Missed today's #HalftimeReport?
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Scott Wapner and the Investment Committee debate if the tech trade is still a winner or if you should take some profits after this year’s early run. link.chtbl.com/halftime_report
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The human genome scientists use to scout for disease just got a major makeover
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Google's new A.I. search could hurt traffic to websites, publishers worry
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WATCH: White House press secretary Karine Jean-Pierre holds a briefing with reporters
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The Investment Committee Grade your latest trades. This one is on $TLT
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We've got a #CallOfTheDay on Disney. The stock has been downgraded to peer perform by Wolfe. The Investment Committee weighs in on Disney and the streaming wars. $DIS $NFLX $PARA
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Legendary sports broadcaster Al Michaels joins the Investment Committee with some burning market questions.
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LISTEN NOW: Elon Musk is moving aside as CEO of Twitter. Listen and follow the podcast here: link.chtbl.com/squawk_pod
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Adidas will sell some leftover Yeezy inventory instead of burning it, CEO says
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Stocks making the biggest moves midday: First Solar, News Corp, Charles Schwab, Twilio and more
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Bowlero, the public company that reimagined bowling, faces dozens of discrimination claims that the feds want to settle for $60 million
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LISTEN NOW: The big question about big tech: Is the trade still a winner? Listen and follow the podcast here: link.chtbl.com/halftime_report
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Ever wanted to rent a summer home in the Hamptons? has a closer look at the summer rental market.
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Jamie Dimon warns panic will overtake markets as U.S. approaches debt default
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"There's no shred of evidence that machines can make real self-improvements that will make us redundant. Machines in the past made us stronger, made us faster and cognitive machines will make us smarter," says 26 years after Deep Blue beat the chess grandmaster.
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It's official: Elon Musk has named former NBCUniversal advertising chief Linda Yaccarino as Twitter's next CEO, and CNBC's joins us to break down the details.
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We're talking energy with CEO , who explains why he sees promise in nuclear power as the company announces a reactor project to eliminate carbon emissions at one of its manufacturing plants in Texas.
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Will President Biden and congressional lawmakers reach an agreement on the debt ceiling? President and Head of Policy Research offer their thoughts on what it'll take to avoid a default.
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These buyback champions are shrinking their share count and analysts love them
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NBCUniversal global advertising chief Linda Yaccarino has resigned to join Twitter as its next chief executive. reports. cnb.cx/3OatzPj
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Gold steady amid U.S. debt ceiling issue, banking sector concerns
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Mega-cap tech's been outperforming in 2023, but Director of Global Macro explains why he's concerned about the lack of participation from small-caps.
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