1 00:00:00,080 --> 00:00:04,920 Speaker 1: Now you've got JP Morgan Chase CEO Jamie Diamond, and 2 00:00:05,360 --> 00:00:10,600 Speaker 1: he's really optimistic about the future of artificial intelligence. One 3 00:00:10,680 --> 00:00:14,800 Speaker 1: of the things he says here is that because of AI, 4 00:00:15,680 --> 00:00:19,840 Speaker 1: there will be cures to cancer and that our grandkids 5 00:00:19,920 --> 00:00:21,840 Speaker 1: could be living past one hundred. 6 00:00:22,280 --> 00:00:24,680 Speaker 2: I believe that thirty years from now, a lot of 7 00:00:25,000 --> 00:00:27,080 Speaker 2: your kids are probably working three f days a week, 8 00:00:27,480 --> 00:00:29,440 Speaker 2: they'll probably live to one hundred and a lot of 9 00:00:29,440 --> 00:00:32,040 Speaker 2: the diseases afflicted a lot of us they won't get. 10 00:00:32,320 --> 00:00:35,120 Speaker 2: There'll be curious to cancer. Cars will be safer, planes 11 00:00:35,120 --> 00:00:37,680 Speaker 2: will be safer, life will be better, you can hike more, 12 00:00:37,840 --> 00:00:38,480 Speaker 2: do all the things. 13 00:00:38,520 --> 00:00:40,920 Speaker 3: You're talking about. The Jetsons from the nineteen sixes, Alter 14 00:00:41,000 --> 00:00:43,400 Speaker 3: Cronkite anchored especially. That's the future that we're living in 15 00:00:43,479 --> 00:00:44,920 Speaker 3: right now. Is supposed to see what you're saying. 16 00:00:44,960 --> 00:00:46,640 Speaker 2: So this is going to happen. I mean, the world 17 00:00:46,680 --> 00:00:48,599 Speaker 2: is getting very productive. AI is going to do that. 18 00:00:48,680 --> 00:00:50,479 Speaker 2: AI is going to cure cancers. It's going to come 19 00:00:50,520 --> 00:00:53,320 Speaker 2: with better materials, it'll cure a stop a lot of 20 00:00:53,360 --> 00:00:56,280 Speaker 2: car crashes, and so I think that is happening. Okay, 21 00:00:56,360 --> 00:00:58,840 Speaker 2: it's going to happen. The risk is if it if 22 00:00:58,880 --> 00:01:00,240 Speaker 2: it is too fast, right. 23 00:01:00,480 --> 00:01:02,160 Speaker 3: And the reason I linger on this is because there 24 00:01:02,200 --> 00:01:04,880 Speaker 3: are millions of people in the middle of their life 25 00:01:04,920 --> 00:01:08,240 Speaker 3: with young kids, aging parents. Maybe they have a mortgage. 26 00:01:08,280 --> 00:01:11,800 Speaker 3: I they're lucky, and they're looking at potentially being aid 27 00:01:11,840 --> 00:01:14,800 Speaker 3: out of existence professionally. What do you say to those people? 28 00:01:14,840 --> 00:01:16,520 Speaker 2: I think we live in the most prosperous nation in 29 00:01:16,520 --> 00:01:19,200 Speaker 2: the world's ever seen, and for the most part, we've 30 00:01:19,319 --> 00:01:22,920 Speaker 2: had a technological disruption. The system worked to create new 31 00:01:23,000 --> 00:01:25,440 Speaker 2: jobs and new labor. There's tons of shortages in labor. 32 00:01:25,760 --> 00:01:27,160 Speaker 2: So you go, I go to talk to all these 33 00:01:27,160 --> 00:01:30,080 Speaker 2: companies too, and should ask them. They don't have enough welders, 34 00:01:30,080 --> 00:01:32,640 Speaker 2: there's not enough cyber there's not enough in certain part, 35 00:01:32,680 --> 00:01:36,240 Speaker 2: there's not enough advanced manufacturing, there's not enough metfact, we're 36 00:01:36,280 --> 00:01:38,920 Speaker 2: doing the security Resiliency initiative. One of the people says, 37 00:01:39,319 --> 00:01:41,360 Speaker 2: I don't need the plant. I need the people can 38 00:01:41,360 --> 00:01:42,800 Speaker 2: work on the plant, and I don't have. 39 00:01:42,760 --> 00:01:46,319 Speaker 1: That, Okay. So he's obviously a very credible voice in 40 00:01:46,400 --> 00:01:49,160 Speaker 1: regards to American finance, and he's saying AI is going 41 00:01:49,200 --> 00:01:51,840 Speaker 1: to cure cancer, it's going to make planes safer, it's 42 00:01:51,880 --> 00:01:54,160 Speaker 1: going to give your kids a three and a half 43 00:01:54,280 --> 00:01:59,440 Speaker 1: day work week. Jamie Diamond is also from a company 44 00:01:59,560 --> 00:02:04,280 Speaker 1: that is loans to startups who are touting AI as 45 00:02:04,360 --> 00:02:04,880 Speaker 1: the future. 46 00:02:05,080 --> 00:02:08,280 Speaker 4: Sure, his company's going to benefit massively from the AI 47 00:02:08,400 --> 00:02:10,600 Speaker 4: revolution that takes place, but it also doesn't mean he's 48 00:02:10,639 --> 00:02:12,560 Speaker 4: not wrong. And I love it when we've got a 49 00:02:12,600 --> 00:02:16,440 Speaker 4: credible voice like Jamie Diamond that shows the other side. 50 00:02:16,480 --> 00:02:18,919 Speaker 4: I think there's so much, you know, gloom and doom 51 00:02:18,960 --> 00:02:21,359 Speaker 4: around AI. It's going to destroy us, it's going to 52 00:02:21,440 --> 00:02:24,079 Speaker 4: ruin our culture. Data centers are awful, and all those 53 00:02:24,120 --> 00:02:25,480 Speaker 4: things may be true, but there are going to be 54 00:02:25,680 --> 00:02:28,880 Speaker 4: amazing breakthroughs and benefits that come from AI. We had 55 00:02:28,880 --> 00:02:33,200 Speaker 4: that story last week. Elon Musk and Neurlink just started 56 00:02:33,280 --> 00:02:36,440 Speaker 4: allowing blind people to see for the first time in 57 00:02:36,480 --> 00:02:40,079 Speaker 4: their lives by implanting a Neurallink chip in their brain. 58 00:02:40,440 --> 00:02:43,480 Speaker 4: These type of advances are going There is always just 59 00:02:43,520 --> 00:02:46,880 Speaker 4: like with the Internet, with social media and any technological revolution, 60 00:02:47,160 --> 00:02:49,840 Speaker 4: there is bad, but there is also good that comes from. 61 00:02:49,720 --> 00:02:52,320 Speaker 1: So he's definitely painting a picture of abundance, and it 62 00:02:52,360 --> 00:02:56,040 Speaker 1: does sound very utopian. On the other hand, just yesterday, 63 00:02:56,520 --> 00:02:59,440 Speaker 1: Florida Governor Ron DeSantis came out and said that it's 64 00:02:59,480 --> 00:03:03,400 Speaker 1: AI and people are turning away from it, and they should. 65 00:03:04,160 --> 00:03:06,480 Speaker 4: You get the good with the bad. Hey, this is America. 66 00:03:06,560 --> 00:03:08,920 Speaker 4: We're free to be great and we're free to be terrible, 67 00:03:08,960 --> 00:03:10,760 Speaker 4: and most of the time we're both at the exact 68 00:03:10,800 --> 00:03:11,280 Speaker 4: same time. 69 00:03:11,480 --> 00:03:13,639 Speaker 1: You're listening to ninety three WIBC.