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Green day : A lot was working in the stock market on Friday. But it was hard to see through an ugly rotation out of this year's Big Tech winners in favor of more interest rate-sensitive stocks. Many of our hot tech stocks took a breather this week. It's more evidence of why Jim Cramer calls these two names "own, don't trade" stocks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, Dow, Russell, Eli Lilly, Lilly, Wells Fargo, NII, toolmaker Stanley Black, Decker, Morgan Stanley, That's, Jim Cramer's, Jim Organizations: CNBC, Big Tech, Federal, Nasdaq, PPI, Fed, Meta, Nvidia, Apple, Ford, Abbott Laboratories, Jim Cramer's Charitable, Financial, Nurphoto, Getty Locations: Morphic, Wells, New York City, Mairo
New York CNN —Sam Altman thinks the technology underpinning his company’s most famous product could bring about the end of human civilization. As many as 300 million full-time jobs around the world could eventually be automated in some way by generative AI, according to Goldman Sachs estimates. Challenges aheadWhen starting OpenAI, Altman told CNN in 2015 he wanted to steer the path of AI, rather than worrying about the potential harms and doing nothing. OpenAI CEO Sam Altman addresses a speech during a meeting at Station F in Paris on May 26. Sam embodies that for AI right now.”The world is counting on Altman to act in the best interest of humanity with a technology by his own admission could be a weapon of mass destruction.
Persons: Sam Altman, OpenAI’s ChatGPT, Altman, ChatGPT, Goldman Sachs, , Patrick Semansky, ‘ Kevin Bacon, Mairo, ” Altman, Kamala Harris, Joe Biden, OpenAI, Elon Musk, Kyunghyun Cho, JP Lee, Greg Brockman, SeongJoon Cho, Kevin Bacon, Aaron Levie, “ I’ve, he’s, ” Levie, Bern Elliot, , Rowan Curan, Forrester, , Biden, Joel Saget, Emily Bender, Margaret O’Mara, O’Mara, Gates, Jobs Organizations: New, New York CNN, World Economic, Privacy, Technology, Capitol, Silicon, White House, New York University, Softbank Ventures, Bloomberg, Getty, CNN, Gartner Research, Israeli Defense Force, University of Washington, Laboratory Locations: New York, Washington ,, Washington, Valley, Silicon, Silicon Valley, Milan, Italy, Softbank Ventures Asia, Seoul, South Korea, Big Sur, Paris, AFP, Manhattan
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