Tech Insider : Economy
AI holy Grail illustration
Silicon Valley is praying that AI tools like ChatGPT can keep customers and investors distracted until the stock market chaos is over and the global economy bounces back.

AI is Silicon Valley's last-ditch attempt to avoid a stock market wipeout

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Geoffrey Hinton stood under a tree outside a building with a Google logo on the outside.
Computer scientist and former Google Brain VP Geoffrey Hinton.
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Sam Altman gesturing with both hands while talking to members of the media.
OpenAI CEO Sam Altman believes his startup could be "the most capital-intensive" in Silicon Valley history.
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Google CEO Sundar Pichai talking
A leaked document claims Google has "no secret sauce" in AI race.
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We made it to Friday, friends. I'm Diamond Naga Siu, and I don't drink alcohol. I know sobriety is a pretty personal conversation for a lot of people. And it used to be something I hid by pretending to take shots or by making up an excuse about medicine.

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Apple CEO Tim Cook.
AI is "huge," but it needs to be carefully deployed, Apple's CEO Tim Cook said during the company's second-quarter earnings call Thursday.
Tech Insider : Politics
Joe Biden
President Joe Biden has apparently tried out ChatGPT, and was "fascinated," as reported by Axios.
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Traders work on the floor of the New York Stock Exchange (NYSE) near the close of market in New York, U.S., October 31, 2018. REUTERS/Brendan McDermid
Traders work on the floor of the New York Stock Exchange (NYSE) near the close of market in New York
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White House
White officials will sit down with CEOs from several tech companies.