Cale Weissman, Reporter at Fast Company and MIT professor Luis Perez-Breva join This Changes Things to discuss which sectors are using artificial intelligence the best and why the technology won't replace humans.
According to Weissman, retail is one of the fastest growing sectors using A.I. to improve business. The technology can help with personalized customer service, which can ultimately lead to growing profits.
Plus, the million dollar question: will robots take over our jobs? Perez-Breva says no! That is one of the biggest misconceptions of A.I. He says this technology is supposed to allow your employees to take on higher level tasks while machine learning does the tasks bogging everyone down.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
