During his “My Take,” “Varney & Co.” host Stuart Varney discussed the revolution of artificial intelligence and why Democrats may be trying to quell the technology’s strides, arguing the party’s ‘first instinct is to throttle it.
STUART VARNEY: The numbers are stunning: Nvidia’s value went up $277 billion just on Thursday.
Imagine that. A gain of more than a quarter trillion dollars in one 6/12-hour trading session.
It is artificial intelligence that has ignited the stock market: Wall Street now accounts for half the value of all the stock markets in the world.
In the last generation, it is American technology that has created three world game changers.
The Internet: Created by us, developed by American companies.
Fracking: Invented and developed by American oilmen, revolutionized energy supply.
And now A.I., brought to us by California’s Silicon Valley.
NATALIE PORTMAN SAYS AI COULD PUT HER OUT OF A JOB ‘SOON’: ‘THERE’S A GOOD CHANCE’
These game changers came from private…
Read the rest: Source link
Check out our business apps and business podcasts sections, you will be inspired with the type of content we have there.