Senator asks ChatGPT’s creator: “What’s your worst nightmare?”

Two weeks ago, Sam Altman, founder of ChatGPT, was summoned to Washington to brief Senators … Our mission is to help you conquer the markets, so when we see something that we think will help you do that ... we pass it along (even if their opinion is different than our own). Check out the below opportunity from InvestorPlace. --------------------------------------------------------------- Dear Loyal Reader, Two weeks ago, Sam Altman, founder of ChatGPT, was summoned to Washington to brief Senators on what the AI revolution will mean for America. One Senator, Richard Blumenthal of Connecticut, played a deep fake of his voice created by AI. He asked about the potential for disinformation and AI-fueled crime. But those weren’t his biggest fears… The Senator said his biggest nightmare in the long term “is the job loss that AI could cause.” Then he told Altman, “Let me ask you what your biggest nightmare is.” Altman didn’t say… though he did admit to being spooked by how far the technology has come and agreed with the need for regulation. I don’t know what Altman’s biggest nightmare is… but I can guarantee you it isn’t millions of jobs being lost to AI. After all, [when AI takes over to that extent]( it will make him very rich. But for millions of American workers—and 300 million workers worldwide, according to Goldman Sachs—[it’s a different story](. My colleague Eric Fry has spent hundreds of hours researching the AI revolution and the history of past economic disruptions… and [he’s reached one shocking conclusion](. Something is coming to America and the world… and will hit much faster than almost anyone realizes. [This presentation will tell you how to prepare](. Regards, Luke Lango Senior investment Advisor, InvestorPlace ---------------------------------------------------------------  Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2023 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe.](