In October, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE, said artificial intelligence is the next major revolution of our time, and selected a state minister to focus on this space.
The newly appointed Minister of State for artificial intelligence Omar Sultan AlOlama, says his top priority is to discuss how governments should address A.I., and put regulations in place.
Elon Musk tweeted recently that "competition for A.I. superiority at a national level most likely cause of WW3." Musk has been no stranger about his fears of A.I. AlOlama says his concerns are valid.
He compared Mark Zuckerberg's embrace of A.I. to Elon Musk's unease of the technology, and says that the difference between both opinions is one has a short-term effect, and the other is focused on the long run. AlOlama says Musk's views come into play in the future. But governments need to have these types of discussions today, says AlOlama.
The UAE is also working on a project in partnership with Oxford University and UNESCO to restore artifacts through technology. Recently, ISIS has destroyed historic artifacts. Through this partnership, they 3D printed the Arc of Palmyra to bring it back to life.
This year's worldwide semiconductor shortage limited the supply of everything from new cars to smartphones; and now, many in the chip industry expect the shortage to continue deep into 2022, and maybe even 2023. Semiconductor senior research analyst for Robert W. Baird & Co., Tristan Gerra, joins Cheddar News' Closing Bell to discuss.
Pavel Bains, the Executive Producer of MixMob and CEO of Bluzelle, joins Cheddar News' Closing Bell to elaborate on an opinion piece he wrote for CoinDesk in which he compares the cultural significance of crypto to hip hop in the 1990s.
Direct health care company Nomi Health recently raised $110 million in a Series A round. Nomi Health lets public and private organizations directly purchase healthcare at reduced costs, and pay providers in real-time. It also delivers healthcare directly to under-served communities via its fleet of mobile care units, which the company says is the largest in the country. Nomi Health says its mission is to improve the health care experience for all Americans. Nomi Health CEO Mark Newman joined Cheddar News' Closing Bell to discuss.
Bitcoin's rise to the mainstream has been a wild ride this year. The cryptocurrency is trading a little under $49,000 Wednesday morning and is set to finish the year sharply higher than where it began earlier this year. Ether prices also soared this year, rising from $730 per coin to nearly $4,000. Ben Armstrong, founder of Bitboy Crypto, joins us to discuss what's in store for crypto in 2022.
The NHTSA is investigating Tesla over the potential for crashes and distracted driving due to its front touch screen "Passenger Play" game option. The probe covers 580,000 vehicles for all four models from 2017 to 2022.
Google CEO Sundar Pichai addressed staff about workplace culture concerns after they expressed issues with what they perceived as a lack of honesty, candor, and humility from their executives. Pichai attributed some of the challenges to remote communication during the ongoing pandemic.
