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White House Forms AI Task Force, Wall Street Faces Q4 Test: What’s Going On Today

By Centiview Research•Published •1 min read

Markets

Investors head into the first full week of Q4 weighing spiking Treasury yields, the approaching US midterm elections and the start of corporate earnings season, Reuters reported October 2. The outlook is a fresh look ahead for markets after Friday’s rally, rather than a repeat of the prior post’s market-close recap.

Tech

The White House has created a task force to assess artificial intelligence’s risks and opportunities and recommend what role the federal government should play in overseeing the technology. Reuters reported October 3, citing a Wall Street Journal report, that the group has 120 days to deliver its assessment and will be chaired by Jay Clayton. The task force comes amid growing public concern about AI and a wider debate over whether voluntary safeguards are sufficient.

Sources

Reuters, The Wall Street Journal.

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