Keith Fitz-Gerald, chief investment officer at The Fitz-Gerald Group, argues that Tesla is an AI stock and explains why Palantir could hit $100 per share by the end of the year at Varney & Co.
Former Google CEO Eric Schmidt He said the United States must win the ongoing AI race against China, but warned that the rapidly developing technology must be controlled.
“We’ll soon be able to turn computers on their own and decide what they want to do,” Schmidt said during an interview on ABC News’ “This Week” with George Stephanopoulos on Sunday.

Then-Alphabet CEO Eric Schmidt speaks during the National Security Commission on Artificial Intelligence (NSCAI) conference on November 5, 2019, in Washington, D.C. (Photo by Alex Wong/Getty Images/Getty Images)
tape | protection | last | It changes | % changes |
---|---|---|---|---|
Alphabet company | 171.49 | +2.54 |
+1.50% |
|
“And the way it happens is it’s a series of decisions,” Schmidt continued. “We move from agents to more powerful goals, and in the end you say to the computer: ‘Learn everything and do everything.’ This is a dangerous point when a system can self-improve, we need to seriously think about unplugging it.”
When Stephanopoulos then suggested that Artificial intelligence system With such a capacity that might be able to counter efforts to “unplug” it, Schmidt responded, “Well, in theory, it’s better to have someone who puts their hand on the plug — and figuratively.”
AI Chatbot Encourages Teenager to Kill Parents, Lawsuit Claims
Schmidt said the government has a role to play in providing the necessary barriers to developing artificial intelligence. the previous Head of Google He expects the next Trump administration to focus on US competitiveness against China, which he said is a good thing.

President-elect Donald Trump speaks to guests during a campaign event at Drake Enterprises, an auto parts manufacturer, on September 27, 2023, in Clinton Township, Michigan. (Scott Olson/Getty Images/Getty Images)
As for potential guardrails for artificial intelligence, he said: “As long as human values are preserved – by which I mean liberal democratic values in the classical sense of individual freedom and respect for the individual – we should be fine.”
Charles Payne: Google just sent shockwaves through the world of computing
Schmidt explained that while it was previously believed that the United States was a few years ahead of China in the AI race, China has caught up Over the past six months “in a remarkable way.”
Auger founder and CEO Dave Clark talks about his company’s ability to integrate the AI supply chain and deliver “tremendous demand” in the market.
“There’s a point, maybe in the next year or two, where systems can start doing their own research,” Schmidt said. “They’re called AI scientists, as opposed to human scientists. So you go from having 1,000 human scientists to a million AI scientists. I think that increases the slope when you move at that pace, it’s very difficult for your competitors to do that.” “Right.”
Get FOX Business on the go by clicking here
“This is racing,” he said. “It is important that America wins this race globally, especially before China.”
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/02/0/0/eric-schmidt.jpg?ve=1&tl=1
Source link