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0:08This is Bloomberg Tech and we've just been listening to US President Donald Trump his address of the United Nations General Assembly where the latter part of that speech focused on artificial intelligence, highly relevant to this show, Bloomberg Tech. He said that the US rejects attempts of a global scheme to control AI and that in the future all US documents will use quote super intelligence. He will encourage super intelligence. The president said not rein it in in terms of what markets are doing. Looking at equities, looking at
0:37the treasury market and also the dollar not so many moves in response to the content of the speech. We see equities largely flat on the whole. Some outperformance in technology. US 10-year yield at 4.95%.
0:50Bloomberg dollar spot index not really moving on the content of what the president had to say. Outside of artificial official intelligence, a focus on Iran, the events in Venezuela, uh commentary on Cuba, uh and a whole lot more. Let's get out to Bloomberg's Tyler Kendall who is at the UN Rose Garden to summarize what the president had to say. Tyler.
1:15Hey Ed. Well, at this point, President Trump really used this speech to defend his foreign policy objectives, saying that he has tackled quote intractable challenges. Early on, as he mentioned, he highlighted Iran, threatening that we can either see escalation or diplomacy in terms of what comes next. He threatened that he has a decision to soon make. On one hand, he can make a deal with Iran to allow the country to rebuild, or on the other, he will quote annihilate the Islamic Republic.
1:41domestic and foreign policy really dovetailing there as he claims that Iran is waiting until after the midterm elections to strike a deal. For his part, President Trump says that he is urging Iran to make a deal. As we know, there has been growing frustration not just from the Trump administration, but also from the regional Gulf allies that President Trump is set to meet with later this afternoon. The president did thank the UN Security Council in passing a resolution to condemn Iran when it comes to attacks on commercial shipping.
2:08He also claimed that the US is quickly adding to its stockpiles. Even as on Friday, Bloomberg News reported that the US is now alerting European allies that they could see delays of up to 5 years in terms of getting their weapons deliveries as the US tries to rebuild and revitalize the domestic industrial base. He then pivoted to talk about the Western Hemisphere. We can go through some of the headlines there. The interim president of Venezuela, Deli Rodriguez, was in that room. He also claimed that Cuba will still uh will soon fail and
2:38said that Secretary of State Marco Rubio is currently negotiating with the country on Russia. He said that he is going to potentially use that new tariff authority to impose secondary tariffs on Russia if Kremlin if the Kremlin does not come to the negotiating table. That was some of the foreign policy headlines. But really at the end there, Ed, as you know best, we got that update from President Trump touting artificial intelligence, saying that he's now going to call it super intelligence and that whoever uh dominates the technology will
3:07be the winner, appearing to set the stage for that high stakes meeting between him and Chinese President Xi Jinping later this week.
3:14Bloomberg Tyler Kendall at the UN Rose Garden. Thank you very much. And it's on AI that we will pick up and carry on this episode of Bloomberg Tech. President Trump talking about artificial intelligence just moments ago at ANGA and the ongoing AI race with China.
3:28Let's bring in Nancy Tangler, CEO and CIO of Laughaten Investments to digest it all, which you know, Nancy, I appreciate is no hard task. Look, the president speaks very positively about AI as a strength of America and as a competitive tool against China. Your reaction to his remarks?
3:44I mean, I I do think they're important, Ed, good to be with you. Um, he has taken a position. Um I actually support that position because I don't think government has been effective at at regulating crypto for example or even go back to internet days. So I think self-regulation from the companies solutions around the problems uh allow us to continue to grow and continue to to see disinflationary growth in the US economy not to mention uh potential
4:12defense applications etc. So I I thought it was a a good comment for him to make and super intelligence may in fact catch.
4:22We're going to talk about super intelligence just a second. In terms of like the the bigger picture markets picture, you know, Bloomberg writes in its global rap that stocks and bonds wavered during that speech. I would say there was little movement in many asset classes. The main takeaway though being that there was no sort of knee-jerk reaction to the idea that the president is going to put America in a position where he wants them to lead in AI. He's not going to allow for a pullback.
4:47Yeah, I think that's right. And I think um he I mean he said it before, but now he's said it on the global stage. So I I think that's a comfort to investors who are thinking about this as you know a transitional economy, a technological revolution. He called it an industrial revolution. whatever you want to call it, the this technology is much more powerful than the internet that we had in the 90s obviously and also will change the way we live.
5:14Nancy, this feature is a precursor to a meeting with with Chinese President Xi Jinping as as a technology investor in equity markets. How much you braced for that moment and what comes out of it?
5:25I don't actually think much will come out of it. We'll get the platitudes, Ed, and but I I don't think we'll see China ever change their behavior. So, the question becomes, you know, over time, will we be able to to ship more Nvidia chips? Uh, will that be allowed? I think that's the only thing I'm really paying attention to, but I don't expect China to self-regulate.
5:48Nancy, the story of the last 24 hours has been AI agents, meta, highest level since October, 11% jump. It continues today because Muse, its AI agent, is number one on the App Store free downloads for Apple. You've been bearish on Meta in the past. Has anything changed for you?
6:07It has. You you shamed me into buying it, Ed. It took me a while. We we recently added it to the portfolio. Uh and and I think for a couple of reasons.
6:16First of all, it's trading as a value stock. We think the the growth revenue growth would compound at 20%. So on a relative price to sales ratio basis it's super attractive and on a price earnings to growth basis uh you need a few things to go right but the advertising business is taking share uh and it is I mean I've always said my knock has been it's just an advertising company but I think Muse changes the calculus um materially and so we'll we'll see um uh it it is a way
6:44for them finally to monetize the capex spend and I think that's very important then you got Meta 1 which I think is really interesting Um, and and I'll say this, Ed, you know, SpaceX bought, uh, Cursor, as you well know. Uh, they paid $60 billion for a company that employed 20 people and was four years old. So, when you think about the power of these technologies to allow you to leverage innovation and talent with few employees, I think that's one of the things that Meta is going to be
7:12contributing to with Meta 1 and uh, some of the other applications. the the sell side is saying this is not just the moment of the AI agent the chat GBT moment but it justifies Meta's spend as well that's kind of their conclusion Nancy Tangler CEO and CIO of Lafetanga Investments thank you very much indeed now coming up world leaders are gathering at the UN General Assembly [music] and we'll be joined by Irish Foreign Minister Helen Mckenti that's next this is Bloomberg Tech [music]
7:42[music] Our future will be shaped by how we address four [music] great tests of power. The power over war and peace. The power that concentrates wealth and drives inequality. [music] The power fueling climate chaos and war on nature. and the power unleashed by artificial intelligence.
8:10[music] That was UN Secretary General Antonio Gutierrez earlier this morning showing that AI is taking center stage at the United Nations. Anthropic CEO Dario Amade and Open AI Sam Alman is set to brief the security council Wednesday on the future of the technology amid growing calls for global coordination on AI safety. It comes as President Trump prepares to meet China's Xi Jinping Thursday with AI expected to be a part of the conversation. Bloomberg's Mike Shepard joins us now from Washington DC.
8:40Uh the briefing of the leaders of the Frontier Labs to the Security Council.
8:46Well, Ed, you know, this is not going to be a moment where we get a big reveal from either Dario Amade or Sam Alman.
8:53And it's important to note that hugging face uh CEO Clem the Long is scheduled to be speaking there too. We're not expecting them to say anything dramatically new in terms of revelations about breaches or risks. We've heard so much from each of them over the past several weeks. What is interesting though is the context. They will be briefing representatives from some of the most powerful countries on earth, including at the same time in the same room, the leaders of the two nations
9:22that are responsible for all of the cutting edge AI development these days. And that is the United States and China.
9:29And those two countries really are locked in competition to try to dominate this technology. And we have heard the contrast between President Donald Trump rejecting calls for global coordination and oversight and the UN secretary general in his validictory address to the world body today after 10 years in the job 10 years where he has talked about artificial intelligence warning that there yes needs to be some global oversight. Yes, there needs to be coordination among nations and that there is this risk that AI is helping to
9:58fuel a shift of power to private corporations and wealthy individuals away from governments and removing from people the agency over their own lives.
10:09Shb, let's revisit our conversation from yesterday. The big moment this week will be President Trump with China Xi Jinping. You know, we said in in earlier in the program, AI is going to be on the table. Do we know anything about the parameters of that AI conversation?
10:24Well, you know, they met the representatives from the two countries did meet yesterday in New York for further discussions. Scott Besson and his counterpart uh talk some more. We did not get a great deal of additional visibility on what uh the the two countries actually went through and if they had agreed on anything. We did hear Sunday from Scott Besson saying that look we have uh set up the framework for an AI dialogue between the US and China where there could be discussions about risks and benefits of the technology.
10:54Not too many more details there Ed and also some sort of a notification system about risks. Again it's unclear what we are going to get later in the week when the two sides emerge and actually present their deliverables. Will there be some sort of a formal setup that allows the two countries to really speak to each other uh in rational terms and in terms that could you lead to some productive engagement even as they are competing very bitterly over this technology? Um we just don't know but we
11:23are reporting it out. We are trying to figure out also uh who will be there. We do know that there will be a number of US executives uh high-profile names from Silicon Valley present but we don't know whether there will be a complimentary delegation of Chinese executives also set to show up. Uh that will be an interesting thing for us to watch and uh look Ed there's a lot at stake here and yet at the same time we are not expecting big advances. is we heard Nancy Tangler say that her expectations for some breakthrough, some grand
11:53bargain on AI are very low and that is our sense too from the reporting we have done.
11:59There is a basically an effort by private industry to move towards a global standard towards move towards rules regulation. Is it even possible right now Mike to summarize what this Trump administration's policy is on on pacing the frontier of AI?
12:15Well, you know, the president himself really uh spelled it out pretty clearly in his speech. He wants to encourage the development of this technology, not rein it in. He sees existing US laws as sufficient to handle any sort of risk.
12:29uh they have talked about using liability protections baked into the US uh US code as a way of reigning in companies from from uh outpacing the capabilities of their technology and putting users and even nation states at risk. Now that does fly in the face of what we have been hearing from Dario Amade, Sam Alman and others in the industry who say yes we do need some sort of framework. We need to be able to vet these models more clearly. And yes,
12:57government does have a role, but the administration for now is not really interested, at least from the president's perspective, in having that kind of conversation. They want to hit the gas as much as possible. They have a lot at stake. AI is central to the administration's economic agenda right now. Ed, and you heard the president also when uh talking about existential risks. He regards them as a hoax. and he doesn't see the same need for guar rails that members of the industry and
13:25certainly people in Congress and uh in government here across the US and around the world have identified as necessary. Bloomberg's Mike Shepard with the roundup of everything happening with this administration AI this week. Thank you very much indeed. We have so much more coming up in the program after the break. [music] This is Bloomberg Tech.
13:47[music] I just broke some news on the Bloomberg. Grock bot, the AI agent that SpaceX AI put out in August, topped 400,000 weekly users recently. That data effective September 14th, 418,000 users of the AI agent, which represents a 24% week-on-week jump. interesting because they released bot back on August 11th, right? There's been so much focus in the last 24 hours on this being the moment of AI agents particularly around Muse. Muse is a consumer focused product
14:25from Meta. Grock bot a much more enterprise focused product, but it shows some pretty modest momentum for uh SpaceX AI, the AI unit of SpaceX. Uh shares kind of went back towards session highs after we put that report out. Check it out on the terminal and on Bloomberg.com. the stock up 1 and a.5%.
14:44Um, elsewhere in AI, Alibaba is stepping up its AI ambitions, unveiling what it calls China's most powerful AI chip built to take on Nvidia. It's just one piece of a much bigger push with more than 53 billion committed to AI and plans for a massive expansion in computing capacity. Bloomberg's Peterstrom joins us now. Um, this is really interesting because it was just 3 4 months ago they put out their last generation chip. This one is three times better. Tell us about it.
15:11Yeah, this was a big day at Alibaba headquarters in Hanjo. They talked about uh their ambitions in AI in a few different fronts. Uh first of all, the AI accelerator. They see this as an opportunity to compete not just with Nvidia, of course, which is the market leader, but also in the domestic market. Huawei has really been ahead here.
15:28Cameraorn has been sort of considered the next best alternative. And Alibaba wants to be in that mix. They want to be talked about as one of the leading designers of these AI accelerators. They hope that they're going to be able to use that to push ahead with their broader ambitions. They also talked about uh putting together uh over the long term an LLM with 5 to 10 trillion parameters really aiming uh at the frontier models that are out there. Uh and and we have you know we we've seen Deep Seek and Moonshot in China come out
15:57as the leaders in the industry. Alibaba has been a little bit uh overshadowed by these smaller upstarts uh in recent uh weeks and months. uh but they want to push ahead and the CEO Eddie Woo uh who did the presentation today has said that his primary objective now is going to be uh AGI artificial general intelligence.
16:17They're also trying to invest a lot of money in capital. They don't have the same kind of money that the Western companies do, but they're planning on investing in 20 gawatt uh gawatts of compute to be able to push ahead and compete in that area too. Uh just really quick, Genwoo V900, it's an accelerator for training at the frontier. Training, just very quickly, that's the use case.
16:40Yeah, training at this point, that's their goal. Uh Huawei has tried to push ahead into this area, too. Uh the Chinese companies of course would like to have more access to the Nvidia chips that are really the cutting edge here, but Alibaba wants to be able to offer these chips that could do training in the same way that Huawei is aspiring to do that too. Bloomberg's Peterstrom.
16:59Thank you very much indeed. Coming up, Silicon Valley's rethinking college for the AI era. The launch of the new Horowits and founder [music] Co Gargani joins us next. This is Bloomberg. [music] Welcome back to Bloomberg [music] Tech.
17:20This is what financial markets look like. A lot of this relates to oil and whether or not there will be some progress uh in the Middle East and the Gulf, particularly the Straits of Hormuz. But right now, the SP500 flat technology is outperforming a lot of that in the last 24 hours. Has been this discussion about this being the AI agent moment. Muse being the case study. We just broke that news on uh SpaceX AI's Crocbot also [music] getting some traction. Bloomberg uh US dollar spot index not really moving as the president
17:49of the United States talked about his commitment to AI super intelligence and how there is a global scheme against AI which the US will not participate in. We'll revisit that later in the program. As AI reshapes the workplace, Silicon Valley's rethinking college, the new Horowitz Andre Academy is launching an AI focused alternative backed by $42 million and some of tech's biggest names including OpenAI, Anthropic, and Nvidia. Founder and CEO Genani joins us now.
18:19What is this? This is an academy. This is alternative education for the AI age. What are we talking about? Yeah, it's a new school built for the most ambitious young high school graduates and our goal is to train them for the new era.
18:33What age are we talking about here?
18:35Uh typically 16 to 20. They're going to they have to have a high school diploma in order to apply. Uh and they can be one or two years into college.
18:43And so let's get into the skills that we're talking about here, right? You know, actually there is no standard path anymore. But let's say once upon a time you might have gone to Stanford, done computer science and then dropped out.
18:55Um, are we talking about competence in coding computer science still as the pathway or this is literally just being fluent in in AI the tools themselves?
19:06Yeah, I think uh at this point the specific majors are less relevant than the overall skill of building. So the mentality that uh you know we talk to hiring partners every day and ask them who are the employees that you want to to bring on who are the young people that are most successful and they have a few key skills. One they're AI native builders so they understand how to use the technology whether that's building software products or hardware uh they know how to use the technology to build things. The second thing is they have
19:36people skills and then third is they have to have ambition and so our goal is to train people on those three main skills. We said that the Frontier Labs and Nvidia are some of the big backers from a financial perspective but it's called the Horowitz and Dre Academy. Talk a little bit about Ben and Mark's involvement and how this came about.
19:54Yeah, they've had an internal effort to rethink uh you know higher education for a long time um at their venture capital firm Andre and Horowits at at at Andre and Horowitz, but it's only recently that we felt that they felt that it was time to actually get in the ring and provide an alternative. And so what we're doing now with the Haritz and Drees Academy is uh we raised $45 million uh $42 million, excuse me. $42 million uh a significant portion of
20:23which is from the firm. Uh Mark Andre is joining the board along with Eric Torrenberg who's a general partner.
20:28That's right. Yeah. How is that going to work? So So you raised the money to get yourselves set up, right?
20:33Um you know, if you are a candidate to to join this college, a when are you guys going to get set up and start your first semester? Applications are open today uh for our founding class fellowship which is a one-year uh tuition scholarship program.
20:47Uh it's a it's a it's a school um and the first program starts in September of next year.
20:52Uh quick question, why Horowitz Andre and not Andre Horowitz? [snorts] Well, it's not an extension of the venture firm. It's a separate company.
21:00And so we had to make it clear by flipping the name. Uh we also though wanted to make it clear that it has close ties to the venture firm because one of the main things we're trying to do is build a network. You know most students go to school in order to get a network of peers, hiring managers and uh adviserss who can help with whatever they want to do in their career. And Horitz and Dre Academy indicates that this is going to be one of the most premier networks that any student can possibly get access to.
21:28They're kind of solving for the talent pipeline, you know, ensuring a talent pipeline in some ways. Yeah, I think that A16Z's portfolio has like 850 companies with 18,000 roles available right now. Uh we need to train people to be more effective and to be able to join these companies and and succeed in the new era. You you did mention the closeness to the firm and you know Mark Andre and Ben Horowitz know what they're doing, right?
21:53They they identifying talents part of their thing. How much of this is an element of it being an incubator, right?
21:59If you think about the the academic institutions in the Bay Area, loads of startups have been born directly out of them. So is that the idea? Is there anything codified? If if somebody brilliant starts a company while at uh the academy, then what happens? Who gets a piece of it?
22:14Yeah, we're we're absolutely going to help um you know, students at the academy get funding if they want to. But we also believe that some of the most ambitious young people are going to go and join companies. Not everybody is going to start a company at 18 or 20 and so the idea is to provide something that gives both options to students and uh certainly I hope we fund some of the companies that come out of it. What I find really interesting about this is who's going to be teaching you know I I
22:43lots of regulars on this program they might be founders themselves or venge capitalists and it's not that surprising if you see on their calendar a Thursday night class at Stanford um that happens quite often. So who is it that you want to bring in to give exposure to to these these brilliant young people you hope will go through the system?
23:01Yeah, I mean first let's be clear the most important thing about the educational education at the academy is pursuits. So we expect 80 plus% of the time of students to be spent on their own pursuits doing things like deep research, learning a new skill, uh starting a company or building a project. Um that's the core educational philosophy around that. We've recruited some of the most seasoned and experienced operators on the planet to come in and offer classes on subjects
23:30like AI inference engineering or uh building and scaling AI applications or even things like product sense or finding love. Uh the idea is finding love.
23:41Yeah. I mean we believe interpersonal skills and life skills are a critical part of that would be my question right like I went to college. I went to law school. I played sports. uh some of my most formative years weren't necessarily spent studying. I did study, but how do you get that element of it if it's an alternative to college?
23:58The non-academic parts as important to many people.
24:01Yeah, absolutely. Social life really matters and that's why our goal is to open up San Francisco to these students, right? This academy is based in the heart of San Francisco. It's going to be um and as you and I both know, this city has so much to offer from arts to culture. Was it ever a debate whether it would be in San Francisco or not?
24:20Uh, no. That was something firm from day one that we're in right now.
24:25That's right. San Francisco is the center of innovation. It's the center of of business. It's and it's now becoming the center of culture for a lot of things and so um I mean it's San Francisco or nowhere.
24:38Gagani Horitz and Academy CEO uh come back you know once semester's underway and and let us know how it's going. Thank you very much indeed.
24:46I'll be here. Thank you, Ed.
24:48An update to a Bloomberg report from yesterday. Investors are piling into Soft Bank's massive junk bond sale. It's already drawn more than $20 billion in early demand as Soft Bank looks to raise more than 11 billion to help fund its Open AI bet. Remember, $10 billion dollar denominated 1 billion denominated expected to price this Thursday. Coming up, AI pioneer Faith A Lee joins us to talk about the AI safety debate, the race with China, growing competition,
25:16but world models. What is happening in world models? That [music] conversation next. This is Bloomberg Tech. [music] The United States also totally rejects any attempt to [music] construct a globalist scheme to control for the artificial intelligence being spoken of so much. Now here and after officially called super intelligence.
25:53That was President Trump earlier this hour talking about super intelligence as AI safety and development are among the top issues at this year's UN General Assembly and it's expected to be front and center when President Trump and China's President Xi meet later this week. Even as leaders in industry form their own approaches. We're joined now by Faith A Lee. A pioneer in artificial intelligence has been called the godmother of AI. Someone who has long advocated for a human-centric approach
26:21to developing the technology. She is the co-founder and CEO of World Labs and an AI researcher and professor at Stanford University. It's great to have you back on the program.
26:31Great to be here, Ed.
26:32Let's start with the idea of a world model distinct from an LLM. I I appreciate you and I have discussed this already, but for our audience, that distinction is important. The basic definition.
26:42Yes. I'm very excited by world models because if you look at language models, what they output are words. Words can be turned into codes. words. Words can be turned into conversations. But world models, the ones that uh world labs has been developing can uh what we generate are not words. The models generate beautiful pixels, very accurate geometric structure of the 3D or 4D world and which in turn can allow
27:10people, creators, designers, robotics developers to have precise control of the cameras or the construction of worlds. Your latest generation of world model that you've been working on at World Labs is Atlas. Yes. You haven't said very much about Atlas.
27:26We just uh shared a technical blog about Atlas and we are working really hard to release Atlas as a uh product to the world and it is the latest and greatest world that World Apps has developed.
27:42It's the first of its kind in the ability to allow camera control, allow that kind of precise um uh pixel consistence uh with the real world with the 3D world. It also uh tries to solve a very hard problem in the field of computer vision that combines the generation of beautiful pixels with the reconstruction of intricate 3D structure.
28:07Does it solve for it?
28:09How good is the underlying model? It's better than any state-of-the-art uh specialized model for these tasks.
28:16There is the underlying model atlas and you mentioned product. What is the the killer use case application for for deployment in the real world?
28:24As many foundation models, these use cases are pretty horizontal. Uh we are already engaging with users from creative industry uh with design industry with uh robotics uh industry such as uh healthcare lab development pharmaceutical uh uh lab uh laboratories. So it is pretty horizontal. But one thing that really excites me is by allowing this kind of
28:51control for uh for humans uh creators can use this as a augmentative tool uh to really express their creativity or develop uh downstream technology for their use cases.
29:06From a commercial perspective, World Labs has been focused on robotics, right? You acquired uh uh Scenics. um explain the the use of a world model in the development of physical AI the deployment of robots in in real human centric uh settings.
29:22Yes. First of all, World Wars is a spatial intelligence company and world model is very much useful for spatial intelligence applications from design creativity to robotics and and also which in includes healthcare education.
29:37What is important for robotics is the ability to um understand and and construct the world that you can in turn train and evaluate uh your robotics tasks or policies. There's a lot of uh uh still bottleneck in terms of creating the right training environment or evaluation environment. A robust world model can help um unlock some of this
30:05bottleneck. And uh for example for laboratory sciences when you want to in empower a robot to do uh uh pharmaceutical uh manufacturing or or lab science you don't get that much data right it's these are very highly specialized uh industries but using world models to simulate and then turn that simulation into very realistic uh training ground as well as evaluation ground helps to develop robots. We're
30:34talking about the physical world in many cases and the the issue that your industry is confronting right now is alignment in LLMs in particular. Does the model behave as humans intended it to? Is that the same calculus for a world model? Is there a risk that the world model misbehaves in the same way that we have seen LLM misbehave?
30:57I think it's the same calculus for all technology. tech. I've always been saying technology is a double-edged sword. We develop it with the intention to be benevolent and helpful to humans, but we have always to put safety and responsibility in the forefront of the development and deployment of technology. So from that point of view whether we're talking about LLMs, we're talking about world models or you we're talking about classic technology like
31:27electricity, steam engine, modern transportation, all of this we do have to um hold both truths in the hand. One is human safety, human benevolent. The other one is use this for incredible um uh helpful uh incredible advances of the technology to help humans and develop our civilization.
31:51Your your industry colleagues and peers at the frontier say we should pace development at the frontier the most capable models in part because safety and alignment has not kept pace with the improvement in capability. How have you seen that through your work in world models? And you know the argument that for example a Dario ammo day would make is that would only work if everyone agrees to do the same thing.
32:16It's in part why they ask for antitrust waiverss right so that they can work collaboratively with with the other labs. So look, AI is a civilizational technology and with this level of impact it can make for human human society. I believe responsibility is so important.
32:36We cannot leave it to fatalism. One thing that is always important for me is that not only I'm a CEO of World Labs and an entrepreneur, my entire career I've been a scientist and an educator.
32:50And I want to apply the same kind of sense of responsibility of a scientist and educator to the development of world models or any technology we develop. So it's it's easy to use simple words but really this is very nuanced. We need to understand and keep this uh technology uh continue to develop this technology in a robust ecosystem where there is public sector, there is open source,
33:19there is closed source, there is collaboration with academia, with government, with civil society. It is very very important that we come together as a ecosystem and do this right.
33:34What is your true assessment of the the existential threat to human life from AI? Your colleague Andrew was on the show last week and he said this is ridiculous. It's near zero in his mind because he reflected back when GPT2 came out and said we had those concerns then. Look at the development path since. I think as an educator and a scientist the any threat to human society including existential is within ourselves.
34:04Is that how we humans wield the power of technology? How we humans collectively work together and govern it and how we humans use these powerful tools to make our lives better.
34:20Are we humans in control of that? If we we must be in control. I've been advocating for years that AI it's not about AI, it's about humans. It's about our shared as well as individual dignity agency as well as our responsibility. And uh the goal of our civilization is to create a better society for our future generations. And whether the tool is electricity or AI, we must use it right.
34:52Could we bring this back to world models to end? I I think I'm right in saying you believe that there isn't right now a sufficient benchmarking for world models to assess lots of the things that we're talking about. Who who should be responsible for sort of setting that benchmark?
35:08That's a great question. Obviously, as scientists and engineers within world labs, we do a lot of internal technical benchmark. Our benchmark cares about safety. Our benchmark cares about the model capability. But the bigger picture is that this problem this question of evaluation and uh uh benchmarking should be a ecosystem level um responsibility.
35:33Is there a format for that to your mind?
35:35I I've been for years advocating for public se sector participation in this technology. I understand industry through a regulatory body or just through a through all of the above. Lucas uh I co-ounded Stanford human center AI institute before CHPT was released. We formed a center called language model uh research center to put to put out those benchmarks. You know you you would say image net 15 years ago was one of the
36:04very first benchmark of AI. I continue to believe importance of benchmark from independent bodies and public sector bodies like academia as well as the shared responsibility of industry of government uh together.
36:20Dr. Fa the founder and CEO of world labs but also active researcher academic pioneer in the field of AI. Thank you for coming back to us on Bloomberg Tech. Coming up, we're going to go back to New York and the UN General Assembly for the latest updates. This is Bloomberg Tech.
36:37[music] Let's go back to New York where the UN General Assembly is underway. This is Senator Warren issues a letter to President Trump asking him to confirm that Nvidia CEO Jensen Wong won't be at the table with China's Xi Jinping. Bloomberg's Tyler Kendall has the details. Hi Tyler.
37:02Hey Ed. Well, this is coming just moments after President Trump addressed the UN General Assembly where he appeared to push back on the idea that there could be some sort of international pack to put guard rails on AI, teeing it up ahead of his conversation with Chinese President Xi Jinping later this week. Now, Senator Warren, the ranking member on the Senate Banking Committee, in part said in this letter, quote, that she writes with significant concern about the risk that you will double down on your dangerous approach to artificial intelligence in
37:30your upcoming talks with shei. That of course is going to raise questions about what sort of Democratic push back on Capitol Hill there may be to President Trump's push when it comes to ensuring that AI development is not slowed down.
37:44Ed, as you well know, later this week there will be a state dinner on Thursday where a range of top tech leaders will be in attendance. That of course includes Jensen Wong as well as Bloomberg News confirming that execs from companies like Microsoft, OpenAI, Apple, and Qualcomm [music] will be in attendance as well.
38:00Bloomberg's Tyler Kendall at the UN, Rose Garden. Big shift from you today. Thank you very much indeed. That does it for this edition of Bloomberg Tech. We started with the president at the UNGA. Key conversations in AI, big market [music] moves recap on the podcast. You know where to find it on the terminal online on Apple Spotify and iHeart. Thank you very much for watching. This is Bloomberg Tech. [music] [music]