As society becomes more dependent on technology, some fear A.I. will take over and replace human jobs. Others believe it will advance human innovation and help society progress. Nathan Myhrvold, Founder & CEO at Intellectual Ventures and former Microsoft CTO, was with us to discuss whether we should be afraid of technological advancements.
Myhrvold said throughout history, people have worried whether the next innovation with cause widespread loss of employment due to the adoption of a new technology. Elon Musk has been pessimistic about a future with robots, going head-to-head with Mark Zuckerberg. Myhrvold said there isn't a reason to believe it will hurt us.
The former Microsoft CTO also explained how humans can remain relevant in a world dominated by technological change. He said the key is great education. Myhrvold adds that we need to do a lot better job at teaching in this country.
Tesla reported record profits for an electric fourth quarter, but investors still have plenty of questions. The EV giant will not be releasing any new vehicles this year and provided no updates on its Cybertruck. Cheddar News was joined by Ed Butowsky, Chapwood Investments Managing Partner to go over Tesla's quarter and analyze its concerns going forward.
Julius De Kempenaer, Senior Technical Analyst at Stockcharts.com, joined Cheddar News to break down what led to Apple's massive quarter, and what the future may hold for the tech giant as competition with Microsoft ramps up.
NFT art platform TRLab recently raised $4.2 million in funding. TRLab launched just last year but says its platform focused on NFT curation and distribution is growing quickly. The company hopes to bridge traditional and digital art worlds and help artists explore NFTs as an emerging medium. TRLab co-founder and chairwoman Xin Li-Cohen and co-founder and CEO Audrey Ou joined Cheddar News' Closing Bell to discuss.
Chris Vecchio, senior analyst at DailyFX, joins Cheddar News to discuss what investors should watch as the three major indexes see wild swings all week.
