Generative AI Advisor Nina Schick and Kace Capital Advisors Managing Partner Kenny Polcari joined Yahoo Finance Live to discuss artificial intelligence, regulation, and how investors can benefit from the tech sector.
“Regulators are far behind when it comes to regulating this new area of AI,” Schick said. That’s it.
“I think you need to open your eyes and understand who you are and where you stand on the risk scale, not just the lifecycle scale,” Polcari said.
Full video transcript:
Nina Schick (00:00:06 -> 00:00:55) – The AI that is currently dominating the market, the AI that everyone is trying to get ahead of, the so-called generative AI that all tech companies have pivoted to. So it really only started in the last 6 months or so, since ChatGPT and the few base models before it were released. And the acceleration of both technology and its applications is unprecedented. As such, regulators are far behind when it comes to regulating this new realm of AI. Fundamentally, the question is, how do we regulate innovation while keeping it from being stifled? They are all backed by data. So who owns the data? Who owns the output? These are all essential issues for the future of artificial intelligence.
Kenny Polcari (00:00:55 -> 00:01:29) – When it comes to artificial intelligence, there are many opportunities. You actually reported yourself on Nvidia and the opportunities they have. they just upgraded. The stock performed very well this year. Look up other names like C3.ai, another artificial intelligence name. But I think you need to open your eyes and understand who you are and where you are, not just on the lifecycle scale, but on the risk scale. Given everything I’ve heard, I think AI will be where you want it.
Read the full interview with Advisor Nina Schick, who specializes in Generative AI, here.
Read the full story from Kenny Polcari, Managing Partner at Kace Capital Advisors.
video transcript
[AUDIO LOGO]
Nina Chic: The AI that is currently dominating the market, the AI that everyone is trying to get ahead of, the AI that all tech companies are pivoting to so-called generative AI is really just starting in the last 6 months or so. Release of ChatGPT and some basic models before it. And both the technology and its applications are accelerating like never before.
As such, regulators are far behind when it comes to regulating this new realm of AI. The fundamental question is how to regulate innovation without stifling it.
They are all backed by data. So who owns the data? Who owns the output? These are all essential issues for the future of artificial intelligence.
Kenny Polcari: When it comes to artificial intelligence, there are many opportunities. In fact, you yourself reported on Nvidia and the opportunity. they just upgraded. The stock performed very well this year.
Look up other names like C3.AI, another artificial intelligence name. But I think you need to open your eyes and understand who you are and where you are, not just on the lifecycle scale, but on the risk scale. Given everything you’ve heard, I think AI will be where you want it.
[AUDIO LOGO]
