RUSH TRANSCRIPT There is ░░░░░░░░ question that there s ░░░░░░░░ potential game changer It ░░░░░░░░ a game changer for ░░░░░░░░ mag seven stocks It ░░░░░░░░ such a large weight ░░░░░░░░ the market and of ░░░░░░░░ is not ok the ░░░░░░░░ market goes We are ░░░░░░░░ tied to the seven ░░░░░░░░ and nvidia It looks ░░░░░░░░ the story is China ░░░░░░░░ not as far back ░░░░░░░░ people thought They are ░░░░░░░░ closer China looks like ░░░░░░░░ viable competitor but might ░░░░░░░░ the ire of the ░░░░░░░░ Administration This has got ░░░░░░░░ be a core concern ░░░░░░░░ not just the Trump ░░░░░░░░ but all the tacky ░░░░░░░░ that has moved into ░░░░░░░░ west wing The U ░░░░░░░░ China trade wars and ░░░░░░░░ restrictions on chips and ░░░░░░░░ like that can get ░░░░░░░░ more heated which will ░░░░░░░░ more volatility in the ░░░░░░░░ Mike that was what ░░░░░░░░ of bloomberg television guests ░░░░░░░░ to say about the ░░░░░░░░ impact earlier today This ░░░░░░░░ nvidia hits session lows ░░░░░░░░ seek reminds us technology ░░░░░░░░ at the heart of ░░░░░░░░ between the U S ░░░░░░░░ China with disputes and ░░░░░░░░ more on that we ░░░░░░░░ joined by teresa payton ░░░░░░░░ CEO and former White ░░░░░░░░ chief information officer during ░░░░░░░░ George W Bush Administration ░░░░░░░░ you for joining us ░░░░░░░░ this is going to ░░░░░░░░ a significant impact in ░░░░░░░░ How do you expect ░░░░░░░░ there who have taken ░░░░░░░░ hawkish approach towards China ░░░░░░░░ respond This tech route ░░░░░░░░ massive market selloff is ░░░░░░░░ wake up call It ░░░░░░░░ for me and it ░░░░░░░░ the urgent need for ░░░░░░░░ policies We have got ░░░░░░░░ safeguard the United States ░░░░░░░░ in AI I certainly ░░░░░░░░ not want China setting ░░░░░░░░ gold standard for the ░░░░░░░░ of the world for ░░░░░░░░ safety security resilience and ░░░░░░░░ around AI I believe ░░░░░░░░ is why you saw ░░░░░░░░ of the technology advisors ░░░░░░░░ Musk included and President ░░░░░░░░ last week speaking very ░░░░░░░░ about AI and the ░░░░░░░░ States leadership position that ░░░░░░░░ necessary We did not ░░░░░░░░ have a full week ░░░░░░░░ the Trump Administration passed ░░░░░░░░ executive order on AI ░░░░░░░░ this is very serious ░░░░░░░░ they said AI is ░░░░░░░░ pre already across Washington ░░░░░░░░ from the White House ░░░░░░░░ self and yet previous ░░░░░░░░ including export controls by ░░░░░░░░ Biden Administration do not ░░░░░░░░ to of worked So ░░░░░░░░ is the formula to ░░░░░░░░ what Donald Trump has ░░░░░░░░ was a policy goal ░░░░░░░░ is U S leadership ░░░░░░░░ AI You are right ░░░░░░░░ this this sort of ░░░░░░░░ source method in which ░░░░░░░░ was released It s ░░░░░░░░ the top downloaded free ░░░░░░░░ at the apple store ░░░░░░░░ got around sort of ░░░░░░░░ different protocols that were ░░░░░░░░ in place by the ░░░░░░░░ S Government over the ░░░░░░░░ couple of years And ░░░░░░░░ it shows that although ░░░░░░░░ frameworks are incredibly helpful ░░░░░░░░ set the right standard ░░░░░░░░ the right tone but ░░░░░░░░ regulatory frameworks get in ░░░░░░░░ way of innovation So ░░░░░░░░ will have to figure ░░░░░░░░ how do we go ░░░░░░░░ to the drawing board ░░░░░░░░ look at how we ░░░░░░░░ AI in the United ░░░░░░░░ today and ask ourselves ░░░░░░░░ can we be doing ░░░░░░░░ and it s a ░░░░░░░░ right now it s ░░░░░░░░ long race right now ░░░░░░░░ kind of lost one ░░░░░░░░ the heats There s ░░░░░░░░ to make up the ░░░░░░░░ We bring you the ░░░░░░░░ terms of breaking news ░░░░░░░░ seek says this malicious ░░░░░░░░ If you try to ░░░░░░░░ it you can It ░░░░░░░░ seems to be off ░░░░░░░░ in many ways How ░░░░░░░░ you think this will ░░░░░░░░ able to be responded ░░░░░░░░ Is it right that ░░░░░░░░ cannot access it in ░░░░░░░░ United States Theresa this ░░░░░░░░ a real challenge This ░░░░░░░░ late breaking news that ░░░░░░░░ were having some resiliency ░░░░░░░░ issues ostensibly because there ░░░░░░░░ such a heavy volume ░░░░░░░░ traffic and interest But ░░░░░░░░ they are under some ░░░░░░░░ of cyberattack I think ░░░░░░░░ should give pause to ░░░░░░░░ who is thinking about ░░░░░░░░ out the app perhaps ░░░░░░░░ company data perhaps using ░░░░░░░░ own personal data This ░░░░░░░░ an untested app I ░░░░░░░░ caution people not to ░░░░░░░░ too much proprietary company ░░░░░░░░ into it until there ░░░░░░░░ been an opportunity to ░░░░░░░░ something called ethical hacking ░░░░░░░░ red team pen testing ░░░░░░░░ learn about how is ░░░░░░░░ data treated where is ░░░░░░░░ stored out of the ░░░░░░░░ work It is open ░░░░░░░░ but things still need ░░░░░░░░ be put through their ░░░░░░░░ This comes at a ░░░░░░░░ when an app that ░░░░░░░░ in the U S ░░░░░░░░ a bipartisan perspective for ░░░░░░░░ security threat Doesn t ░░░░░░░░ banned for U S ░░░░░░░░ We see this ongoing ░░░░░░░░ in AI But perhaps ░░░░░░░░ away from some of ░░░░░░░░ commitments when it comes ░░░░░░░░ ethics and safety Is ░░░░░░░░ something you re reading ░░░░░░░░ the lines right now ░░░░░░░░ I am watching this ░░░░░░░░ My interest is peaked ░░░░░░░░ for starters where is ░░░░░░░░ us on this We ░░░░░░░░ been upset about TikTok ░░░░░░░░ a lot of architecture ░░░░░░░░ with oracle the United ░░░░░░░░ still seeing there some ░░░░░░░░ there Where did they ░░░░░░░░ on this particular app ░░░░░░░░ do they feel for ░░░░░░░░ U S citizen data ░░░░░░░░ U S Corporation data ░░░░░░░░ origin story is China ░░░░░░░░ is headquartered in China ░░░░░░░░ so again a lot ░░░░░░░░ questions remain are we ░░░░░░░░ to allow this app ░░░░░░░░ be downloaded in the ░░░░░░░░ States and is it ░░░░░░░░ to be downloaded just ░░░░░░░░ they haven t had ░░░░░░░░ time to analyze it ░░░░░░░░ give a ruling on ░░░░░░░░ Mike teresa payton a ░░░░░░░░ cio in the bush ░░░░░░░░ House thank you for ░░░░░░░░ us Much more on ░░░░░░░░ and the innovation in ░░░░░░░░ models Caroline a quick ░░░░░░░░ on some of the ░░░░░░░░ effect from the