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Will.i.am at Davos: People need to know what AI is capable of

AI has truly exploded onto the scene at the World Economic Forum, making its way into almost every conversation about the future of almost every industry. Music is certainly one of the many industries that will benefit from AI, including the way its broadcasted. Grammy Award-winning musician and entrepreneur Will.i.am announced a new radio show he will be co-hosting with an AI co-host. Will.i.am joins Yahoo Finance Anchors Brian Sozzi and Julie Hyman at the World Economic Forum in Davos, Switzerland to discuss all things AI from its involvement in the music industry to regulations. Will.i.am points out a drawback to AI and what Americans need to pay attention to: "The way to really educate people on where we are, especially this election year, you have to ask the question, 'am I talking to a person or not?' That call that I had, was that real person? I mean, it looked like a real person but, was it? That's the unfortunate reality that we are in right now. We have dupe machines, machines that know how to mimic really well. Machines that know how to create. The public needs to know that its' creating and mimicking everything that we've ever done and it does it in a really fascinating way." This interview is part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year.Watch this full episode of Yahoo Finance Live here. Editor's note: This article was written by Nicholas Jacobino


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AI regs, innovation must move at 'same speed': Microsoft Pres.

The generative AI boom has continued to run markets and conversations, whereas the future of AI regulation is still unclear. Speaking with Yahoo Finance's Julie Hyman and Brian Sozzi World Economic Forum in Davos, Switzerland, Microsoft (MSFT) Vice Chair President Brad Smith discusses the company's plans to expand its AI capabilities, calling generative AI "the defining technology of our lifetime, certainly this decade without question." While acknowledging "there's always a risk of technology being overhyped," Smith believes generative AI is truly "transformational," with the power to fundamentally reshape workflows and daily lives for businesses and consumers. By augmenting Microsoft products with AI tools like Copilot, Smith notes the tech giant's aim is to make products "more useful for people." Asked about rapid AI advancement, Smith doesn't think it's progressing too quickly, but stresses the need to move forward with "with safety and innovation at the same speed" through collaborative governance. "Of course, there's a risk that in some ways regulation will go too far, there always is," Smith says. However, given social media's unchecked rise previously, he argues "we don't want to do that a second time" with AI. It's all part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year. Watch this full episode of Yahoo Finance Live here. Editor's note: This article was written by Angel Smith.


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Workday Co-CEO on how AI can revolutionize hiring

Many companies use Workday (WDAY) platforms to aid in recruitment and the hiring process. This is another use case for AI in which a process and product can be enhanced with its adoption. Workday Co-CEO Carl Eschenbach joins Yahoo Finance Anchors Brian Sozzi and Julie Hyman at the World Economic Forum in Davos, Switzerland to discuss how AI can advance the management software company's service and help both businesses and prospective employees in landing a job and, eventually, a promotion. "We have taken a very measured and metered approach to talking about how we're going to price AI.W we fundamentally believe our customers pay us a subscription fee every year, they pay us an innovation index uplift each year for driving and helping us continue to innovate," Eschenbach says on product pricing. "We have not come to market like a lot of others and said, 'We're going to raise our prices by 30% or some percentage just because we have AI now in our platform.' We've been doing AI for more than a decade, so this isn't new to us, and we think our customers are entitled to innovation, so we are not rushing to market with a new pricing model." It's all part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year.Watch this full episode of Yahoo Finance Live here. Editor's note: This article was written by Nicholas Jacobino


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