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Big Changes In AI Regulations And Cyber Security
Manage episode 383205552 series 3444167
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All things AI took some twists and turns this week. After the Biden Administration announced plans to help regulate AI, some companies are left scrambling for answers on what it all means. Meanwhile, Amazon disclosed an ambitious effort to train Large Language Models in a manner that will allow them to compete with the biggest names in AI technology. What does it all mean? This week, we take a close look at all the AI news and what it means for wholesale distribution. In addition, the new data on Q3 2023 is out, and the news looks good: Federal Reserve policymakers decided to hold rates steady after weighing strong economic data, while new orders for manufactured goods in September—up six of the last seven months—increased $16.1 billion or 2.8% to $601.5 billion. Yet, the devil is always in the details. The impact of higher long-term bond yields, as well as some signs of a slowdown, may convince the Fed to hike rates further to bring down inflation. How can you forecast what's to come? We'll dot the i's and cross the t's on this new economic data, and what it means for the remainder of Q4 in wholesale distribution.
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